We started the Public Testnet Launch Simulation for $JELLY on Wednesday 20th April 2022 and it has now concluded. The competition has ended and judging begins.
We have a rather unique $JELLY token launch and some cool features in the Jelly Factory that will be most fun to play with together on the testnet before we launch the real deal $JELLY soon. Here’s what’s on the menu:
Activities you can do on Rinkeby Testnet
- Buy Staking NFTs in the mock pre-sale Auctions (now finished)
- Flip NFTs that represent staked SLP positions
- Farm the Jelly Pools
- Add liquidity the old fashioned way to mint Staking NFTs
- Fancy Claim from an Airdrop
- And many more
Earn Rewards
We have allocated 100,000 $JELLY to the rewards pool, which will be distributed to people for engaging in various activities on this Testnet Simulation.
At the end of the launch simulation, winners will be announced and awarded.
- Participants stand a chance to win their share of 100,000 worth of $JELLY tokens
- The top participants will also get Royal Jelly roles on our Discord. The coveted Royal Jelly roles give access to the Royal Jelly Whitelisted Farming Pool, with 2X rewards on mainnet.
Eligibility
Anybody can play with our Testnet launch simulation, as long as you have some Rinkeby ETH you can trade the NFTs to get started.
To be eligible to earn rewards you need to meet the following eligibility criteria:
- Follow us on twitter https://twitter.com/jellyprotocol
- Like/retweet our pinned tweet
- Join our discord https://discord.com/invite/MGqDkxjpM3
- Add your details via our quick survey form here (UPDATE: survey is now closed)
Stages of the Testnet Simulation
Stage 1: Presale Staking NFTs are created (DONE)
The testnet Staking NFTs have were created on Wednesday 20th April. Each NFT represented a staked JELLY/USDC SLP position on the Rinkeby Testnet and there are 80 of these pre-sale NFTs in total.
- 40 x Staking NFTs that have been minted from the Sweet Jelly Pool
- 40 x Staking NFTs that have been minted from the Royal Jelly Pool, which has 2X rewards
- Each NFT minted already started earning rewards (you can refresh metadata in Opensnea to see the latest update on rewards earned).
Stage 2: Staking NFT Auction (SOLD OUT) and NFT Market (LIVE)
UPDATE: The initial auctions finished in under 3hrs.
Each of the Staking NFTs created were auctioned on Opensea in declining price auctions.
For each NFT in the pre-sale Auction, the amount of USDC/JELLY in the SLPs are set. This reflects the pre-sale price for $JELLY and base value of the NFT. Each NFT minted started earning rewards exclusively in the pools until the farms open.
The initial auctions are finished, but you can participate trading on the secondary market via the following links:
- Sweet Pool Staking NFT Collection on Opensea: https://testnets.opensea.io/collection/sweet-pool-mobeeotwfs
- Royal Pool Staking NFT Collection on Opensea: https://testnets.opensea.io/collection/royal-pool-v4
Staking NFT Market
Once you buy a Staking NFT, you can see it on the Jelly Farm UI by connecting your wallet to the UI: https://tasting.jelly.io/
(Make sure you’re connected to Rinkeby Testnet)
You will be able to see your claimable rewards and see your SLPs on the Unstake Tab of the Sweet or Royal you bought it from.
NOTE that at this stage, the $JELLY is not yet set and you can only view in the Jelly Farm UI until Stage 3. This is why STAKE and CLAIM are currently inactive.
Stage 3: setJelly(), DEX Launch, Airdrop Claim opens, Farm opens (LIVE NOW)
This is where we setJelly() making the JELLY token tradable on Sushiswap DEX, then we open the $JELLY Airdrop Claim and open the Jelly Farm pools.
Farm and Airdrop on Testnet
The UI for the Rinkeby Jelly Farm pools and Airdrop claim is now live at https://tasting.jelly.io/
Make sure you are connected to Rinkeby network.
Testnet trading using Sushiswap
To simulate trading of $JELLY, get LPs for the JELLY/USDC pool, etc here are the following links:
Get fake $USDC with Rinkeby ETH on rinkeby testnet: https://app.sushi.com/swap?inputCurrency=ETH&outputCurrency=0x580c8Ea6c43D3587d8486c5e88F30737b0A9C45f&chainId=4
Get Testnet $JELLY with the fake $USDC we created on rinkeby testnet: https://app.sushi.com/swap?inputCurrency=0x580c8Ea6c43D3587d8486c5e88F30737b0A9C45f&outputCurrency=0x047BFa7A7DCe828C47282d838510C351C1947853&chainId=4
Add liquidity and farm
To Farm, add liquidity with your fake USDC and JELLY, then the SLPs you get should show up on the Farm UI at https://tasting.jelly.io/
Make sure you join our discord for updates and come chat in the #public-testnet channel if you have questions.
Judging criteria
The Core dev team along with the Pep Squad will pick a range of people based on the following criteria:
- Farmed and flipped a lot on Testnet
- Clever farming strategies
- Finding of juicy bugs
- If you helped communicate the unique features of Jelly, including Staking NFTs, Whitelist Farming, Fancy Claim, etc
- and other random things that we couldn’t foresee ahead of time but become obvious after the games begin
Timing
This is a short and sharp simulation as we progress through the stages of our token launch.
The competition closed Tuesday 26th April 23:00 UTC and the Testnet will be open to play with until we’ve launched on mainnet.
Get in touch
Make sure to join the Discord server, this is where you can ask questions and report anything in this Testnet launch Simulation.
Join us on discord: https://discord.com/invite/MGqDkxjpM3
Follow us on twitter: https://twitter.com/jellyprotocol
Visit us at: https://www.jelly.io
