Fairground Fairground

Governance Games: Incentivised governance

On Wednesday 3rd of August, we are releasing a new incentive linked to the governance process, specifically the creation of markets, which will last until Wednesday the 10th of August.

The incentive is a bit different from previous ones since not all parts of it require the use of the Vega network and very little support will be offered in order to test that the documentation is clear.

In order to understand a bit more about the whole process it might be useful to read our latest blog about the subject.

HOW TO PARTICIPATE IN THE INCENTIVE

3 teams of Vega's ambassadors will be proposing markets that they want to be voted through, and it is your job, as part of the community, to contribute to the preparation of these proposals. Remember, the ambassadors have also never followed the process so they need your support.

There are 3 different ways to receive rewards, you can participate in all or just one of them, but in order to qualify you first need to:

  1. Create a Vega wallet by following these instructions. In case you have never taken part in Vega incentives you will need to register for incentives.

  2. Join Discord and follow the @vegaprotocol Twitter account, like and retweet the Governance Games tweet!
  3. For feedback please use github discussions so that we can track it and follow up.
  4. Register using the form.

1: Active participation - (Phase 1 & 2)

In order to qualify you need to be an active part and contribute in the discussions of phase 1 and/or 2 for one or more of the proposals. E.g. comments such as "I like it" do not qualify.

Reward:1000 $VEGA: [Divided among all users that contributed qualitatively to the proposals, especially during phase 1 and 2, at a maximum of 100 per user. In case of less than 20 $VEGA per user/more than 50 users then raffle 20 $VEGA to 50 users].

2: Voting

In order to qualify you need to vote for or against one or more of the proposals.

  1. Get some Ropsten ETH by using the faucet .
  2. Faucet testnet VEGA
  3. Vote for and/or against at least one of the proposals on the testnetgovernance page.

Reward:500 $VEGA: [Raffle between all the voting address for the markets - maximum 25 users receive maxium of 20] *You are allowed to vote against a market proposal.

3: Liquidity

In order to qualify you need to provide liquidity to one or more of the markets.

  1. Get some Ropsten ETH by using the faucet.
  2. Faucet testnet the required settlement assets for the proposals.
  3. Setup and run your liquidity commitment script via API calls, which documentation can be found on docs.fairground, for one or more of the proposed markets. In case you need further assistance to get you started, we are always available to help in our Discord.

Reward:500 $VEGA: [Raffle between all the liquidity providers for at least one of the markets - maximum of 25 users receive a maximum of 20 each]

Rewards summary

1000 $VEGA: [Divided among all users that contributed qualitatively to the proposals, especially during phase 1 and 2, at a maximum of 100 per user. In case of less than 20 $VEGA per user/more than 50 users then raffle 20 $VEGA to 50 users].

500 $VEGA: [Raffle between all the voting address for the markets - maximum 25 users receive maxium of 20] *You are allowed to vote against a market proposal.

500 $VEGA: [Raffle between all the liquidity providers for at least one of the markets - maximum of 25 users receive a maximum of 20 each]

HOW TO CLAIM YOUR TOKENS

After 25th August 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.

Further information

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.

Rules

  • Breaking things is encouraged! Tell us how you broke them and we may give you a tip if it’s found to be a critical bug. Demonstrate exactly how to reproduce it here. Include screenshots/code snippets in as much detail as possible to be eligible for a tip.
  • The Vega project reserves the right to not reward participants that are not participating in the community spirit of the incentive programs i.e. botting to collect as many rewards as possible or using an exploit to win an incentive.
  • In the event of unforeseen issues and/or a network crash (or essential reset) we will either restart the event OR track and reward those that participated successfully. The course of action will depend on the unforeseen issue. If you miss out, don’t worry, there are many more incentives planned for the coming weeks and months.
  • Attempting to create multiple entries by changing twitter handles, having multiple personal accounts, using bot or farmed twitter accounts or by any other means will result in disqualification from this, and any future, incentives.

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