Detailed Guide to Oddz Incentivised Testnet on Polygon

Win Up To $30,000 in ODDZ and $10,000 In MATIC Tokens

Detailed Guide to Oddz Incentivised Testnet on Polygon

After the successful completion of Oddz Incentivised Testnet on Binance Smart Chain and rewarding participants with rewards up to $30,000, we are thrilled to announce the Incentivised Testnet program on Polygon Network with up to $30,000 in ODDZ and $10,000 in MATIC tokens! The Incentivised Testnet Program will start on August 16, 2021, and ends on September 3, 2021.

The Incentivised Testnet on Binance Smart Chain helped users get a better understanding of Oddz and also gave them an opportunity to suggest new features for the product. Our aim for the current testnet is to understand how users adapt to this new blockchain network and for them to try the interface. Oddz is an on-chain derivatives trading platform and this testnet invites participants for the public test of our options trading platform.

Snapshots:

• To participate in the Incentivised Testnet Program fill the form here — https://forms.pabbly.com/form/share/XYP2-463651
• Hop on to the Incentivised Testnet — https://polygon-testnet.oddz.fi/
• Report your bugs here — https://forms.gle/9ypXE8BAbumZQ6bu9
• Information related to the Testnet can be found in our FAQs here — https://bit.ly/3ci0Tjm

To join the testnet program, all participants must Install MetaMask in their browser.

Install MetaMask in Chrome Browser

Step 1: Go to https://metamask.io/ and click on the Download button.

Step 2: Click on the Download for Windows if you are on Windows, else choose iOS or Android, depending on the Operating System of your device.

Step 3: You will be redirected to Chrome Web Store and you will be asked to add the MetaMask extension to your browser. Do that to ensure you have a seamless DeFi experience.

Step 4: Once you have added MetaMask to your browser, create a new account and add a wallet. You will be directed to another page where you will be given the seed phrases for your wallet. Keep them in a safe and secured place as these phrases will be needed in case you lose access to your system or you get logged out of the wallet for some reason.

Also, never share your wallet password, private key and also your seed phrases with anyone.

Congratulations! You have now added MetaMask wallet to your browser.

Hop on to https://polygon-testnet.oddz.fi/ to participate in the Incentivised Testnet Program.

Participating in Oddz Incentivised Testnet

The Incentivised Testnet Program on Polygon Network will consist of three major events — the Leaderboard Challenge, the Bug Bounty Program and the Airdrop! A total prize money of $30,000 in ODDZ tokens and $10,000 in MATIC tokens has been allocated to each one of them.

To participate in the Oddz Incentivised Testnet Program, fill in your details in this form — https://forms.pabbly.com/form/share/XYP2-463651.

In this form, we ask you to submit your Polygon Network wallet address which is the same as your Testnet wallet address. We will also collect your contact information, such as email address, Telegram and Twitter handle and other details which are needed to connect with you in case you win rewards during the entire testnet program.

Once you enter your details, your Testnet wallet will be credited with 2000 test USDC, 100 ODDZ and 0.2 MATIC tokens. The user has to request this asset. The test tokens can be requested once every 7 days. Traders claiming faucets every week will be given an additional 500 USDC from their previous claims to continue exploring the different features on Oddz. This will also increase their chances of improving their rank on the leaderboard!

Users will receive the test tokens and will be allowed to participate in the testnet program only if they fill the participation form. In case you receive more faucet tokens for the week, make sure you report this to the team on our Telegram Chat to avoid getting blocklisted from the Program.

Any user or participant who tries to spread wrong information to disrupt the proceedings of the Incentivised Testnet will be considered a ‘bad actor’. Also, if a user manages to get test tokens using multiple accounts and then transfers them to their single account to trade options contracts or add liquidity to the pool will be considered as a ‘bad actor’. We have devised different ways to catch these ‘bad actors’. Once disqualified, all wallets and information submitted by the disqualified participant will be added to the blocklist and no further test tokens will be credited in any of the wallets.

We will now see how users can trade options contracts on Oddz Incentivised Testnet on Polygon Network.

If you are a trader, click on Trader to start exploring the trading platform on Oddz testnet.

Explore Oddz Testnet as a Trader

Step 1: When you click on the testnet link, you will be taken to the trading platform where you will have to connect your wallet. The option to connect the wallet is on the top right corner of the screen. Make sure you select your testnet wallet and not any other wallet from your MetaMask.

Step 2: As a trader, you can add tokens to the liquidity pool, buy options contracts using your own strategies on Customised Options or using tried and tested strategies using Easy Options.

Before moving further, let us see how you can get the test tokens.

Getting Test Tokens

Step 1: Click on the testnet link to hop on to the Incentivised Testnet Program.

Step 2: You will be prompted with a message to change the network if you are on any different network like Ethereum or Binance Smart Chain.

Step 3: Click on connect wallet and select MetaMask. You will then be asked to sign in using one of your Accounts.

Step 4: Once connected, click on any one of the buttons (for example: Easy Options) to add Polygon Testnet to your wallet. We click on “Peggy Tokens”.

Step 5: You will be asked to add Matic Testnet to your MetaMask wallet. Click “Approve” and you are done!

Step 6: Now, click on Peggy tokens and enter your Matic Testnet wallet address that was used while applying for the testnet program. You will receive 2000 test USDC, 100 ODDZ and 0.2 MATIC tokens in your wallet. The traders claiming faucets every week will be given an additional 500 USDC from their previous claims to continue exploring the different features on Oddz.

Please note that only eligible candidates will receive faucet tokens. Fill the testnet participation form to be eligible for receiving the faucet tokens. Faucet tokens can be claimed every 7 days till the end of the testnet. In case you have exhausted all your funds, you will have to wait till the end of the 7th day to get more tokens.

Make sure you do not transfer your testnet tokens to another wallet or collude with someone else. We have devised methods to catch ‘bad actors’ who will be penalised if caught doing so. All addresses involved will be added to the blocklist and you will be disqualified from the competition.

Please report to the Oddz team in case you find something ODD!

How to earn rewards on Oddz Testnet?

A total of $30,000 worth of ODDZ and $10,000 worth MATIC tokens have been kept aside for the Oddz Testnet program on Polygon Network.

The rewards will be distributed among participants as rewards to top 10 traders on the leaderboard, airdrop to top 200 traders (from rank 11 to 210) in the Leaderboard Challenge and also to those developers and DeFi enthusiasts who provide useful feedback and validated recommendations in the Bug Bounty program.

How to earn $14,000 in the Leaderboard Challenge?

Please note that all users need to have Polygon testnet added to their MetaMask wallet to get the peggy tokens and start trading

In the Leaderboard Challenge all participants will be competing with one another to make maximum profits on the platform. This can be done in a variety of ways -

• By buying call and put options on Easy and Customised Options
• By providing liquidity in the Liquidity Pool and earning from the premium distributed among all LPs
• A mix of the above two points.

The battle for the top 10 spots on the leaderboard will take place till September 3, 2021.

The winners of the Leaderboard Challenge will be announced at 14:00 hours UTC on September 6, 2021.

The distribution of ODDZ tokens among the top 10 winners on the leaderboard will be as follows

Airdrop — Oddz Incentivised Testnet

A total of $16,000 worth of ODDZ and MATIC tokens have been kept aside for the airdrop. In the past, we have encouraged growth and development in our community in different ways. From organizing the quiz and prediction competitions to giving away tokens and rewards to members who have stayed active in the community, rewarding the users of the Incentivised Testnet program is just another way of thanking all users for their support and helping us refine and improve the product.

In the previous airdrop during Oddz Incentivised Testnet on Binance Smart Chain, we airdropped all validated traders ranking between 11 and 110 with $100 worth ODDZ tokens.

Details of the ODDZ Airdrop

• Total Airdrop — $16,000 worth of ODDZ and MATIC tokens will be airdropped to all the participants ranking between 11 and 210 on the leaderboard and who have qualified for the airdrop.
• Airdrop time — 18:00 hours UTC on September 6, 2021.

Terms and Conditions:

• To be eligible for the airdrop, you must have participated in the Leaderboard Challenge of the Incentivised Testnet, meaning, you must buy at least one options contract or add the test USDC tokens to the Liquidity Pool on Oddz.
• Only top 200 eligible and validated candidates (ranking between 11 and 210) will be airdropped. If you have been blocklisted or have been disqualified from the competition, you will not be airdropped.
• The ODDZ tokens airdropped in your wallet will be BEP-20 tokens.

Bug Bounty Program — Oddz Incentivised Testnet

We invite all interested traders, DeFi enthusiasts, developers and security experts to participate in this program to submit their valuable feedback and suggestions. The Bug Bounty program is aimed to find bugs as fast as we can. The Incentivised Testnet will give all community members a chance in testing and debugging the protocol.

It is not imperative that you have to find bugs or glitches in the codes or on the platform. Give us an amazing product idea or suggestion and you will be rewarded for it as well. A total of $10,000 worth of ODDZ tokens have been allocated for the Bug Bounty program.

Scope of Testing

The following components of Oddz need to be tested at the code level in this Bug Bounty program:

• Basic functionalities of buying options contracts on Easy Options and Customised Options on Oddz.
• Adding liquidity to the pool
• Exercising and Expiration of contracts
• Rewards from pooling and premium distribution
• Oddz Leaderboard

We are also focused on the security level of our smart contracts and protecting the protocol from getting hacked.

How to participate in the Bug Bounty program?

If you are a developer or a security expert, follow the steps below to participate in the Bug Bounty Program -

• Look for code-level bugs for the items mentioned in the scope of testing.

The Github repositories for the same is here — https://github.com/oddz-finance/oddz-options-v1

• Create a Google Document link, mentioning all the relevant information and bugs and submit them in our Bug Bounty form.

All submissions related to the codes must be submitted using the form only — https://forms.gle/9ypXE8BAbumZQ6bu9

• All submissions will be reviewed and analysed by the Oddz technical team and you will be provided with feedback as soon as possible.

Prioritized Vulnerabilities

We are especially interested in receiving and rewarding vulnerabilities of the following types:

Smart Contracts/Blockchain:

• Re-entrancy
• Logic errors
• Including user authentication errors
• Solidity/EVM details not considered
• Including integer over-/under-flow
• Including unhandled exceptions
• Trusting trust/dependency vulnerabilities
• Including composability vulnerabilities
• Oracle failure/manipulation
• Novel governance attacks
• Economic/financial attacks
• Including flash loan attacks
• Congestion and scalability
• Including running out of gas
• Including block stuffing
• Including susceptibility to frontrunning
• Consensus failures
• Cryptography problems
• Signature malleability
• Susceptibility to replay attacks
• Weak randomness
• Weak encryption
• Susceptibility to block timestamp manipulation
• Missing access controls / unprotected internal or debugging interfaces

If you are not a developer, you can still participate in the Bug Bounty program to get rewards in ODDZ tokens.

We value your feedback and you can submit your suggestions in the feedback form here — https://forms.gle/9ypXE8BAbumZQ6bu9

Reporting Bugs — Submission Instructions

If you have found a bug, please submit your Google Document here — https://forms.gle/9ypXE8BAbumZQ6bu9. Please note that you must only submit issues related to the scope of this program and nothing else.

In the Google Document please mention

• The repository the bug is related to.
• The severity of the bug i.e. Severe, Moderate or Less.
• The priority in which the bug needs to be resolved i.e. High, Medium or low.
• A summary of the word document.
• A description of the bug found.
• Images related to the bug.
• Supporting material/references — Source code to replicate if any.
• The impact on the protocol if the bug is not resolved.
• Your email address, Telegram handle, Twitter handle (at least 3 months old).

Note: Please make sure that the Google Document you submit has view access and please submit the bugs using the form only.

Reward Structure

A total of $10,000 worth of ODDZ tokens have been allocated to the Bug Bounty program at Oddz. ODDZ tokens will be distributed based on the seriousness of the bug found, the priority in which it needs to be resolved, the description of the word document and the explanation of the same. The scores will be given as O1, O2, O3 & O4.

Given below is the structure for rewards of the Bug Bounty program

O1 — Critical — $2,000 — $3,000

O2 — High — $500 — $2,000

O3 — Medium — $100 — $500

O4 — Low — $10 — $100

Terms and Conditions

Follow all terms and conditions to participate in the Bug Bounty program. You can only submit your feedback and bugs on the forms mentioned in this blog or circulated on the Telegram Announcement chat.

• The total reward for any submission depends on the level of risk and priority at which the bug needs to be resolved.
• Since decisions will be taken manually we expect you to be patient once you have reported the bug.
• Report the bugs in this form only.
• Follow the submissions instructions to ensure we quickly reach a solution and get back to you with updates on your bug status.
• Duplicated issues will not be rewarded. The first reported bug is the only one worthy of rewards.
• Submissions out of the Scope of Testing will not be eligible for a reward.
• Any phishing or other social engineering attacks against our employees and/or participants will lead to disqualification from the competition. You will be marked as a ‘bad actor’ in the Incentivised Testnet program.
• Any denial of service attacks will lead to disqualification from the competition. You will be marked as a ‘bad actor’ in the Incentivised Testnet program.
• No rewards will be given to participants who have disclosed the vulnerability without the consent of the Oddz Team.
• Avoid violating the privacy of others, disrupting our systems, destroying data, or harming the user experience.
• No participant must engage in blackmail, extortion or any other unlawful conduct.
• Bugs that have not been publicly reported will only be considered for the Bug Bounty Program.
• Your Telegram and Twitter handle will only be used to communicate with you, in case the team needs more information from your end.
• Rewards will be sent as BEP-20 tokens to your wallet address used while signing up to participate in Oddz Incentivised Testnet.

About Oddz

Oddz is a trustless on-chain derivatives trading platform that expedites the execution of call and put options contracts, conditional trades, and futures. It allows the creation, maintenance, execution, and settlement of trustless option contracts, conditional tokens agreements, and futures contracts in a fast, secure, and flexible manner.

It employs the synergies of Ethereum, Binance Smart Chain, Polkadot, Polygon, Elrond Network and Chromia to unleash the potential of decentralized derivatives market. It focuses on building solutions that can propel the DeFi ecosystem by simplifying derivatives trading and enhancing the user experience.

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