Complete Tasks on Xend Finance Asset Chain L1 Blockchain Testnet and Score $RWA Airdrops!
Xend Finance’s Asset Chain is all set to become the heart of the RWA tokenization space, allowing the seamless onboarding and management of all legally transactable asset types on blockchain. Our Testnet went live a short while ago on June 20, and today we come to you with more mind blowing news: you can now complete specific incentivized tasks on the Asset Chain Testnet, and stand the chance to have some $RWA airdropped to your wallet!
Now, which tasks will help you earn rewards? Sit tight, we’re about to tell you exactly what to do!
Incentivized Asset Chain Testnet: What can you do to get rewarded?
There are three categories of tasks you can perform to get rewarded on the Xend Finance Asset Chain Testnet:
Category 1: Transaction-based Testnet campaign
You can perform on-chain transactions through swapping, bridging, staking, delegating, and mining to earn rewards. Do remember that the points you earn differ from task to task, and each wallet address is allowed a maximum of 10 transactions.
Here’s a detailed overview of what you need to do:
Task 1: Swap tokens on the Testnet (50 points)
Steps:
- Connect your wallet to the Asset Chain Testnet Swap tool
- Choose token swap: https://swap-Testnet.assetchain.org/
- Complete the swap and confirm the transaction.
Task 2: Use the Testnet Bridge (200 points)
Steps:
- Connect your wallet to the Asset Chain Testnet Bridge tool
- Choose the native bridge: https://bridge-testnet.assetchain.org/
- Complete a bridging transaction and confirm.
Task 3: Stake $RWA tokens on the Testnet (150 points)
Steps:
- Connect your wallet to the Asset Chain Testnet Native Staking
- Choose RWA staking: https://Testnet-stake.assetchain.org/
- Select the amount of RWA you want to stake
- Complete your RWA staking and confirm.
Task 4: Delegate $RWA tokens to validators on the Testnet (150 points)
Steps:
- Connect your wallet to the Asset Chain Testnet Validator Staking
- Select the validator you like best to delegate $RWA tokens
- Delegate your $RWA to the validator of your choice and confirm.
Task 5: Mine $RWA tokens using the native $RWA faucet (30 points)
Steps:
- Paste your ERC20 wallet address on the testnet faucet
- Use the Asset Chain Testnet’s RWA faucet to mine tokens
- Claim the mined $RWA.
NB: All on-chain transactions are tracked and updated to the testnet campaign leaderboard automatically.
Category 2: Bug hunt Testnet campaign
Use the Asset Chain Testnet bug/feedback form to let us know about bugs in the Testnet, and your feedback. There are different points you can earn depending on the severity level of the bug you point out: a minor bug would be worth 20 points, while intermediate and major bugs are worth 50 and 200 points respectively.
The Xend Finance team will be in charge of determining the severity level of a bug you report. For example, a bug like a typo that would not lead to a loss of users’ assets would be a minor bug, but any bugs responsible for greater losses would be intermediate or major.
Category 3: Social media-based Testnet campaign (UGC)
Create and post UGC like tweets, articles, videos, infographics, meme, videos, and more on your socials about Xend Finance Asset Chain and the testnet. Follow and tag @xendfinance and @rwaassetchain Twitter handles, and use the hashtag #XendFinanceAssetchain, #Assetchian and #XendFinanceTestnet.
You stand to be rewarded with a differing number of points based on your content type and quality; for example, a tweet is worth up to 20 points, a meme is worth up to 50 points, and infographics, articles, and videos are worth up to 100, 100, and 250 points respectively.
Remember to fill the media (UGC) form for every time you create and post new content! Do remember, for every individual piece of content, you can only fill this form once.
Important things to remember
- Transaction-based tasks can be performed up to ten times to earn points.
- For the bug hunt task, your bug/feedback can be shared with us by filling up the given form as many times you discover a new bug/feedback.
- Each task will have a point system, ‘transactions campaign’ are tracked on-chain and displayed on a leaderboard automatically while the other campaigns (bug and media) are updated from the form information. Points you accumulate would be translated into $RWA airdrops at the end of the campaign.
As we greenlight the official initiation of the incentivised Asset Chain Testnet, we encourage you to get familiar with the platform as thoroughly as possible to complete the tasks efficiently!
Follow our previous blog to add the Asset Chain Testnet as a custom network to MetaMask, and stay tuned to our socials on X and Telegram for more updates as we prepare for our Mainnet launch!
