From Friday 9th December until Tuesday 13th December 10 am UTC, we will be running a trading game incentive named double trouble.
We will be running it on two markets with the same settlement asset, so keep track of you margin.
What is measured is PNL no matter which of the two specified markets (ETH/USDT-T, BTC/USDT-T) you trade on, however we will also have a (findme) token leaderboard.
As for the findme it is up to you to find out how you are receiving the token findme and perform that task to climb the leaderboard to be at the top by Tuesday 13th December 10 am UTC.
Aim for the top spots of the leaderboard's below in order to receive the highest reward according to the distribution table below. Trade using either our console, or API. Of course you can win both games.
The PNL games will be divided into two parts:
Weekend: Friday 9th December to Monday 12th December 10 am UTC (leaderboard).
Workday: Monday 12th December to Tuesday 13th December 10 am UTC (leaderboard).
Transfer of trading funds will be done on two occassions, the first before the start on Friday and the second on Monday. So even if you get liquidated during the weekend, you can still make it in the final 24 hrs.
(USDT-T at the end of the incentive - (USDT-T at the start of the incentive + deposits))
At the start of the incentive on Friday at 10 am UTC you have 1000 USDT-T
At the end of the incentive on Monday 10 am UTC you have 2500 USDT-T, then your PNL is 1500 USDT-T.
The asset you will use for trading on ETH/USDT-T and/or BTC/USDT-T
The most findme collected
First time participants
Please note that the following instruction is for testnet only! If you are using a local CLI wallet, you are required to run version v0.64.0 or later, as for the Vega Wallet Desktop app v0.4.0 or later is required. You can download the appropriate wallet by following these instructions.
The following is the reward structure for the incentive games, 1125 $VEGA in total.
Weekend PNL Rewards
Friday 9th December -> Monday 12th December 10 am UTC
Workday PNL Rewards
Monday 12th December 10 am UTC -> Tuesday 13th December 10 am UTC
Friday 9th December -> Tuesday 13th December 10 am UTC
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!
Market details will be visible through Console and APIs.
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.
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 30th December 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.