gm Vegabonds! You’re invited to test out Perps Discount.
This release is hot off the press, so bugs are expected!
Before the new functionalities can be made available for network upgrades, we need your assistance again! Immerse yourself, learn more about this type of derivatives and the different reward types, and stand a chance to win — there are rewards worth 2500 $VEGA up for grabs!
Running until Monday, October 30th at 09:00 am UTC, we will be conducting a discount factor, referral and rewards game, this time on BTC/I-USDT. Join a referral set, create a referral set, and receive rewards from the reward pool for the highest average position, keep your volume up each epoch in order to have the most volume discount factor at the end of incentives, in order to make it simple we add together the percentage of each epoch's volume discount.
In order to win you can
Rewards are sent in the settlement asset of the market at the end of every epoch (1hr), which you can follow on the rewards page.
To appear on those leaderboards, you'll have to enter a referral code to test out Vega's new referral system! But don't miss out on the chance to create one as well and get users to trade using your code!
The Browser Wallet, CLI Wallet and Desktop Wallet are the wallets that are compatible with this incentive, so please remember to use one of these three.
If you participated in the previous GOLD perps incentive you will reacieve the settlement asset at the start of the incentive, if not then you can faucet I-USDT using this form, and then wait for the team for the team to deposit I-USDT, just one time, so be careful not to get liquidated and lose it all in one trade degen.
Enter Referral Code - You will need to either create your own referral set or join a set created by another participant to take part in this incentive
Traders in the Market with Largest average positions (in size)
The participant who holds the average in largest trades wins! Note, the reward pools checks the average position size over 3 epochs, every epoch users then receive I-USDT from the reward, which current can be tracked in ledger entries in portfolio, the ones' that has received the most at the end of the incentive wins. So make sure your keeping those trades open anon!
Traders in the most total volume discount percentage
The participant who has received the most Volume Discount Fee Percentage wins! Note, the requirement for each volume discount factor is defined under Fee's. In case there are users with the same score at the 10 paid spots there will be a raffle to decide the winners.
This leaderboard can be found here!
Traders which has reached at least 50% in total volume discount percentage
The participants who has, in total, received at least 50% Volume Discount Fee Percentage is in a raffle with 20 winners! Note, the requirement for each volume discount factor is defined under Fee's, if you reach 15% in epoch 1, 25% in epoch 2, 10% in epoch 5, then you hare collected (15+25+10) 50 in total and therefore have qualified for the raffle.
This leaderboard can be found here!
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!
In an effort to simplify the process of sign up, we have made this NEW form that will guide you through the process and also faucet you I-USDT!
Once completed the form:
Please note that the following instruction is for testnet only! If you are using a local CLI wallet, you are required to run version v0.73.0 or later and for the Browser Wallet (Chrome, Firefox). You can download the appropriate wallet by following these instructions.
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.
After 1st December 2023, 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 Terms and Conditions for information related to all incentives.