We’re thrilled to announce the Synthetix Perps V3 Buying and selling Competitors, starting subsequent week, October 2nd, on Base Testnet! For this occasion, we’ve partnered with two frontend integrators, Kwenta and Polynomial, to carry a testnet buying and selling expertise to our ecosystem.
We’re thrilled to announce the Synthetix Perps V3 Buying and selling Competitors, starting subsequent week, October 2nd, on Base Testnet! For this occasion, we’ve partnered with two frontend integrators, Kwenta and Polynomial, to carry a testnet buying and selling expertise to our ecosystem.
As a part of the competitors’s launch, Synthetix is providing a beneficiant prize pool of $15,000 value of SNX, 15 Kwenta tokens, and unique NFTs because of the SNX grants council.
Synthetix Perps V3 Testnet Buying and selling Competitors Particulars:
The competitors will start on October 2nd. The winners will probably be chosen primarily based on their buying and selling efficiency, with the best returns taking the biggest rewards:
1st place: $5,000 SNX + 5 Kwenta tokens 2nd place: $2,500 SNX + 4 Kwenta tokens.third place: $1,000 SNX + 3 Kwenta tokens.4th place: $500 SNX + 2 Kwenta tokens.fifth place: $500 SNX + 1 Kwenta tokens.Sixth-Tenth place: $500 SNX.
There will probably be different rewards handed out to pick out commerce actions that will probably be introduced after the competitors.
The way to Take part within the Buying and selling Competitors:
Navigate to the Synthetix Perps V3 buying and selling integrators on both Kwenta or Polynomial.Join your pockets to Base Goerli testnet (https://chainlist.org/chain/84531).Place trades between October 2nd and October fifteenth.Winners could have their prizes distributed on the finish of the competitors interval.
Bug Bounty Prizes:
Synthetix will probably be paying bug bounties primarily based on the degrees set on Immunefi, however discounted by 90%.
Sensible Contract
Important – $1,000-$10,000High – $5,000Medium – $1,000
Webapp
Important – $300-$3,000High – $1,000
Study extra concerning the Synthetix Bug Bounty Program on Immunefi: https://immunefi.com/bounty/synthetix/
Competitors Scoring
The first leaderboard will probably be calculated by merchants’ PnL.
Competitors Guidelines
No transferring balances between wallets or buying and selling accounts. Any transfers of collateral will disqualify your deal with from the rewards pool.
Merchants can commerce at any time between the beginning date of October 2 and the competitors finish date of October fifteenth. Official begin and finish occasions will probably be introduced and up to date nearer to October 2nd.
To stop sybiling, we’ve eliminated addresses from the unique signup types with duplicate emails, discord handles, or community IDs at signup.
Synthetix Perps V3 Mainnet Launch
The Mainnet launch of Synthetix Perps V3 is projected for the following months, providing the complete suite of Synthetix V3 options. Keep linked with our neighborhood on the Synthetix Discord, in addition to via Twitter.
