Announcing: Doubler Rewards Testnet Online

🎉🎉We are happy to announce that after a year of building by our team, Doubler is now live on Sepolia! Our mission: Liberating the Risks of Crypto Assets.

📚What is Doubler?

Doubler is a Defi tool, which is a “Buff” public product for crypto assets. The product is inspired by the concept of “martingale”, a traditional martingale strategy that requires a large amount of money to support the continuous growth of the betting amount. Doubler solves this problem by crowdfunding and incentivizing a portion of the profits.

This is a major milestone before our official launch and we invite you to join us on our beta test journey.

Learn more at Doubler Docs

ITO

ITO, or “Initial Testing Offering”, is a unique token or asset issuance method for the Doubler program. Unlike traditional ICO or IEO, ITO are focused on evaluating the practical application and performance of a new product, service or technology in a real market environment.

In the Doubler program, ITO allows early adopters, beta testers or participants to acquire these tokens or assets and use them in specific scenarios or conditions for testing and feedback.

Learn more at ITO (Initial Testing Offering)

🎁Rewards

- 10 Million DBRs (10% of total mainnet supply)

Doubler recognizes the value of community engagement and actively seeks to strengthen this bond through the ITO. Therefore 10% of the total DBR mainnet token supply is set as a community incentive for up to 1:1 redemption of official net DBR tokens, which will also be the only amount of Doubler’s tokens in circulation after the official launch.

Role

• “Loyal Doubler” ID group: average of 5% DBR of the actual production of the Sepolia Testnet.
• “Honorable Doubler” ID group: average of 10% DBR of the actual production of the Sepolia Testnet.
• “Ambassador” ID group: average of 10% DBR of the actual production of the Sepolia Testnet.
• Galxe: 20% of the actual production of the Sepolia Testnet for addresses with above average points.
• All community test users: 55% of the actual production of the Sepolia Testnet.

⚠️ Note: “All Community Test Users” includes “Loyal Doubler”, “Honorable Doubler”, “Ambassador”, and Galxe Users, even if they are not appealing to the 4 roles, they can still earn Sepolia Testnet DBR rewards for their test interactions.

Rules

• The total output of all tokens of the Sepolia Testnet must not exceed 10% of the number of tokens issued by the DBR Official Network in order for a 1:1 exchange to take place. If it exceeds, it corresponds to an equal percentage reduction.
• Any DBR output through non-project mechanism itself, including but not limited to transferring and swiping numbers, the project will have the right to disqualify its airdrop.
• Order of weight allocation: “Loyal Doubler”, “Honorable Doubler”, “Ambassador” identity group > Galxe >All community test users
• For more details on Sepolia Testnet DBR redemption rules, please follow the official announcement.

📖Notes

• The base behavioral reward for DBR in the Sepolia Testnet is adjusted to ~100'000 DBR/day and 17.4 DBR/ Block.However, this does not mean that the maximum single day production is 100'000 DBR, and according to Doubler’s Boost mechanism, the actual single day production will far According to Doubler’s Boost mechanism, the actual production per day will far exceed the base efficiency of 100'000 DBR/day.
• Doubler does not need to create false user data in order to be recognized by the capital market, so we will have 0 tolerance for any user who participates in the ITO through abnormal user logic.Doubler reserves the right to disqualify the offending user’s token redemption status and all other rights and benefits gained through participation in the test and the ITO activities.
• Irregular user criteria include, but are not limited to, the following behaviors: by creating wallet addresses in bulk and pooling test tokens, NFTs, DBRs in order to get more rewards, and other unfair behaviors that affect the process and results of the Testnet in Sepolia.
• The parameters of the Testnet DBR reward mechanism do not represent the actual parameters of the official network when it goes live. We need to determine the parameters of the official Testnet from the activity data of the Sepolia Testnet and ITO.

🔥Task Details

Doubler | Galxe

Task flow

1Click into the Official Discord to receive your test coins:

In the “#faucet” channel, then enter the command character “/faucet<your EVM address>” and type it to complete the test coin collection.

2Click to enter the official website: https://testnet.doubler.pro/ Join a Pool

Step1:Click “Pool Market” to enter “Join” page.

Step2:Find the “Status” position as shown in “2” in the picture above.

Step3:Select the pool whose status is “ON”, and click “Join” button at “3” to enter the detailed page of the corresponding pool;

Step4:Input the quantity you want to put in the “4” position in the above picture, and then click the “inputpool” button in the “5” position to complete the interaction with the wallet. The operation of adding Pool is completed;

4Create a pool

Step1:Click the “Create” button in the picture above to enter the Pool creation page.

Step2:Click the button indicated by “2” in the above figure to select the currency to create the Pool.

Step3:Set the parameters of the Pool in the area indicated by “3” in the above picture.

Step4:Click the “Create” button indicated by “4” in the above figure, and complete the interaction with the wallet contract to complete the creation of the pool.

Note: If you have any questions about“Step3” parameter settings, Learn more at FAQ .

DBR Incentives

DBR is Doubler’s incentive token, unlike common proof methods such as POW and POS, Doubler will use a unique behavioral incentive for platform token distribution.

In Doubler users who create, join, end pools and redeem assets can get the corresponding DBR incentives, and these behaviors are categorized into POS incentives, Instant incentives, two incentives, which are calculated based on the daily DBR base production.

Click on DBR Rewards# for incentive details.

View DBR Token Rewards

Step1:Click the “Portfolio” button in the picture above to enter the “My Pool” detail page.

Step2:You can check the number of DRB awards at the arrow pointing to the number “2” in the above picture.

About Doubler

Doubler is an open financial strategy tool based on smart contracts that aims to optimize cryptocurrency asset investment strategies and minimize risks while pursuing rapid profitability. It utilizes the application of the “martingale” strategy, inspired by the financial market concept, and leverages market aggregation effects to execute its strategies, continually lowering the cost benchmark of the fund pool.

Get in touch

Come hang out with us in Discord to learn more about the project and to meet the community. Follow us on Twitter to keep up to date with the latest news.