On Wednesday 19th October until Friday 21st October 2 pm UTC, we will be running a trading and rewards game (Dodgems Revival II). The game will be based on PNL, however, we will also fund reward pools to incentivise active trading.
Everyone receives the same amount (500) of BUSD-II to use on the GRAPH/BUSD market, the same assetthat will be in the reward pools for Maker Fees Paid and Maker Fees Received. The reward pools total amount will be similar total amount that is sent to the participants but weighted towards Maker Fees Received (limit orders) as described below, which will be paid out at the end of each epoch (every 30 min).
Aim for the top spots of the leaderboard below in order to receive the highest reward according to the distribution table below. Try out trading on our Testnet, either using the new under development console, or API.
|Users||Start amount||Total Distributed||Maker fees received reward pool||Maker fees paid reward pool|
|100||1000||100 000||70 000||30 000|
|200||2000||400 000||280 000||120 000|
See the below description for how maker fees paid and received rewards work
maker fees received description.
maker fees paid description.
By competing in a lifelike market for a share of the VEGA incentives, you’ll learn about Vega and find out first-hand what it’s like to trade on Vega markets.
In addition to the trading game incentive, we would highly appreciate any bugs or suggestions of improvements to the console to be submitted on github discussions.
The project will also benefit from all the data created, metrics collected, and feedback received, which will help develop and improve the protocol. If we’re really lucky and something goes wrong we might even find and fix some bugs!
To compete in this incentive, you need to:
Please note, if you are using a local CLI wallet, you are required to run version v0.58.0, as for the Vega Wallet Desktop app v0.2.0 is required. You can download the appropriate wallet by following these instructions.
Important to note is that you can and should still keep the wallet you are already using for mainnet since the ones for testnet are not compatible. Also, the latest released wallets 0.58.0 and above will not be compatible with this incentive.
There is currently an issue with the CLI wallet regarding capitalisation of wallet names which is currently being investigated by the wallet dev team, please see the issue for more detail.
All announcements for this market will be made via the Vega Protocol Twitter account @vegaprotocol so make sure you follow to stay up to date.
The following is the reward structure, 1000 $VEGA (top 50 users).
In case for some reason the incentive has started and run for at least 12 hours and runs into issues that prevent it from continuing, including restarting, within a reasonable amount of time, it is up to the community to decide what to do by incentive governance.
Incentive governance means that the community members are allowed to make proposals through the Ambassadors, on how to settle the incentive. The proposals should be added to a vote which will be had at the end of the original incentive.
The following needs to be true for a governance vote to be valid.
Example of an option for voting
After 31st October 2022, winners will be able to get a token claim link by logging onto the token rewards website with the Twitter account used to register for Fairground Incentives (this is the Twitter handle on the list above). You will be asked to confirm your country of residence - unfortunately, those in restricted countries will not be able to claim tokens.
This is a unique, one time use link, and not specific to any individual so it can be used by anyone to claim tokens. Please treat it with the same security as you would a token. Unfortunately, Vega cannot rectify any mistakes, lost links, or links that have already been used. You know the drill!
All tokens have a linear vesting. All tokens, either locked or vested, can be staked on the Vega network once it is live.
All announcements for this incentivised period will be made via the official Fairground Twitter account @VegaFairground so make sure you follow to stay up to date. This includes changes, updates and early closing of the period.
Check out the Incentive Terms and Conditions for information related to all incentives.