We use this medium to appreciate and thank our existing community members, and also welcome new members into our growing community as we anticipate our upcoming testnet launch. 🚀 🚀
To get whitelisted for our upcoming testnet airdrop, you are required to participate in our gleam competition. The competition link can be found below. Aside from participating and getting whitelisted, the top 50 ranked entries on the leaderboard will be rewarded with $SOUP tokens.
🚨Note: Badge holders are automatically whitelisted and will be first in line to participate in the Public testnet. Users can participate in one or more reward pools at the same time, for as many times as possible.
Gleam Competition
Only whitelisted users stand a chance to use Soup Finance on testnet firsthand, and also get rewarded with $SOUP tokens. The more invitations users send out, the higher their entries and thus, the more rewards they stand to get.
Participants of the Gleam Competition get to share a total reward pool of 37,000 $SOUP tokens.
The details are explained thus 👇
How to Participate 👇
- Go to Gleam.
- Complete all tasks listed.
It’s that simple!
🚨Note: For everyone who participates via your referral link, an extra 3 entries would be allocated to you. This is only applicable when your entries rank within the top 50. The whitelisting ends on August 17th, at 6:00 PM UTC.
Twitter Contest
This is aimed at encouraging or incentivising users to spread the word about Soup Finance on twitter. 10 winners with exceptional and laudable contributions towards this, will be shortlisted and rewarded with $SOUP tokens.
💰Reward Pool: 500 $SOUP tokens will be allocated to these 10 winners 🚀🚀
How to Participate 👇
- Follow Soup Finance on Twitter.
- Compose a tweet about Soup Finance, attach the gleam contest link, tag 4 friends and include the hashtags — #SoupFinance, #DeFi, #CrossChain.
- Post your tweet link to #twitter-thread-submission channel of Soup Finance Discord Server
📍 RULES:
- Plagiarizing original Soup Finance contents automatically invalidates any entry.
- The top 10 entries with quality contents as well as high engagements, will emerge winners.
- Contest ends on the same date as the gleam competition.
Testnet Incentive Program
The Soup Finance testnet incentive program will be in three rewards pools — Lending Testnet, Staking Testnet and Bug Bounty.
The Lending Testnet will be on the Lending Protocol; the Staking Testnet on staking, claiming both rewards and transaction fees; and then the Bug Bounty for users providing high-quality feedback for bugs and glitches.
- Lending
All users authorizing, supplying, borrowing and repaying their loans during the testnet period will share a bulk of 89,250 $SOUP tokens evenly. An additional 74,500 $SOUP tokes will be rewarded to the top 100 users with the most lending volumes.
💰 Pictorial explanation indicating how the additional 74,500 $SOUP tokens will be disbursed🚀🚀
2. Staking
This is the second batch of our incentive program, based on staking, as well as claiming both rewards and transaction fees. Participants will get to share a total of 89,250 $SOUP tokens, of which will be disbursed accordingly.
How to Participate 👇
Details about date and user guide will be published towards the completion of the gleam contest.
📌 Rules:
- The competition ends at the launch of Soup Finance on the Fusion mainnet.
- Each IP corresponds to only one account address. If multiple addresses exist for one IP, the account with the most rewards will be rewarded solely.
- Soup Finance would proceed to effect changes to the event, only when necessary.
3. Bug Bounty
This is open to users who provide high-quality feedbacks, as well as glitches and bugs encountered when using the Soup Finance Protocol.
💰Reward Pool: For every suggested bug report that gets accepted, 500 $SOUP tokens will be rewarded to the respective users.
How to Participate 👇
Search and post any bug suggestion on the #bugs channel of the Soup Finance Discord Server with the following information:
- The description of the issue.
- Expected behaviour and actual behaviour.
- Screenshots.
The Soup Finance Team will inform you if the bug reported is adopted on the discord channel above.
📌 Rules:
- When multiple users submit the same bug, only the first submission will be acknowledged with the user duly rewarded.
- One user is allowed to submit multiple bugs, with the reward calculated based on the number of bugs adopted.
🚨 Note
- Gleam whilisted addresses will be published at the end of the Gleam competition.
- Testnet rewards winners will be published the first week of Soup Finance launch on Mainnet.
- All rewards will be distributed to users’ reserved Fusion Wallet addresses at a designated time after the launch of the Soup Finance mainnet.
Soup Finance is an intuitive algorithmic, decentralized cross-chain money market for the Metaverse. Soup Finance enables everyone to supply fungible tokens and non-fungible tokens (NFTs) as collateral, and lend NFTs risk-free.
We appreciate our loyal community members who contribute by spreading awareness of Soup Finance on Twitter, and supporting us in Telegram.
