Welcome frens to the Mainnet Simulations! The final testing rounds before launching Alpha Mainnet are here and this is YOUR chance to TAKE PART! The Mainnet Sims will run in 4 steps and each will have multiple trading incentives running in parallel.
If you participated in SIMS 1 and/or 2, make sure you have the latest Vega Wallet since a new one was released and have imported Validator Testnet, then you can go directly to #6.
This is the link that you need to import in networks as the youtube video shows, in order to be able to connect to Validator Testnet for SIMS3 and SIMS4.
I'm taking a ride on @VegaFairground PUBKEY SIGNEDMESSAGE https://fairground.wtf/ #VegaFairground
*Note - A very strict Sybil account policy is in place to ensure that the Community receives the fairest treatment for the Mainnet Sims! Feel free to hit us up on Discord if you notice that something is not quite right. If you are found guilty of using Sybil accounts, all of your accounts will be banned and any rewards removed. This Incentivised Activity Notice supplements our Fairground Terms and Conditions which can be found at terms and conditions.
These simulations will allow 'real market makers' to integrate their existing strategies with Vega and replicate market conditions and trading scenarios that are expected on Vega's mainnet. Read more about the Mainnet Sims and their importance to the success of the Vega network on the blog.
Mainnet Sims #3 will run from Tuesday 14th March 10 am UTC until Monday 20th March 10 am UTC. There will be multiple trading games that you can take part in, by trading on BTC/DAI and/or ETH/DAI, and win $VEGA.
Funds for trading (DAI) which can be found on the valitator testnet explorer, and will be sent to all participants on a daily basis (TUE-SUN), around 10:30 am UTC. If you have a bad first trading day and get REKT, don’t worry, you will have many more chances to win $VEGA.
Please note that the transfers will be done daily during the week, so keep track of your ETH address.
There is a referral scheme - inviting friends both increases the overall prize pool and whatever your frens win, we match 10% of that and give it to you! That’s correct: the total reward pool scales with the amount of users that join each Mainnet Sim so all your frens can make it!
It is important to note that you are required to participate as well and appear in the weekly PNL leaderboard in order to qualify.
For each user (up to 300) that joins the weekly PNL leaderboard, 115 $VEGA is added to the total reward pool; more users can still join but the pool will not increase after 300. However, if the number of users is below 100, the total reward pool will not go below 11500 $VEGA.
The total reward pool for Sim #3 will range from 11500 $VEGA up to 34500 $VEGA, depending on how many users participate. Check the reward breakdown below:
*For more details on how the rewards structure works, head to this page.
|Competition||% of Total reward pool||100||200||300|
|Best weekly PNL||50||5750||11500||17250|
|Best Daily PNL #1||10||1150||2300||3450|
|Best Daily PNL #2||10||1150||2300||3450|
|Best Weekend PNL||30||3450||6900||10350|
|Total Reward Pool ($VEGA)||100||11500||23000||34500|
Up to a total of 17250 $VEGA
A weekly trading game measuring PNL (profit and loss) will be running from Tuesday 14th March 10 am UTC to Monday 20th March 10 am UTC.View LeaderboardDetailed Description
Up to a total of 3450 $VEGA per Daily PNL
Two daily trading games that will be running each for 24 hours. The %PNL (profit and loss), based on the account size, of each account will be measured during this timeframe.
The first will run through Wednesday 15th March 10am UTC to Thursday 16th March at 10am UTC (view leaderboard).
The second will run through Thursday 16th March 10am UTC to Friday 17th March 10am UTC.View LeaderboardDetailed Description
Up to a total of 10350 $VEGA
If you took part in Sim 1 you’ll remember the Weekend PNL. After listening to your feedback, we slightly changed how we calculate the Weekend PNL for Sim 3, it will now be calculated by taking the median performance over Friday, Saturday and Sunday.
We measure your percentage profit, based on your account size, each day 10 am UTC to 10 am UTC: Friday to Saturday, Saturday to Sunday and Sunday to Monday, and will take the middle(median) value, and will be your final score. Here’s an example:
Weekend Median PNL: Median(Friday to Saturday, Satuday to Sunday, Sunday to Monday)
Friday to Saturday: 10% PnL
Satuday to Sunday: -70% PnL
Sunday to Monday: 30% PnL
This would give an end result of 10% PnL since that is the middle(median) value.
FRENS BRING YOUR FRENS! Earn 10% extra when you bring your frens to the Mainnet Sims!
If you are having issues setting up the Vega wallet, we've got you covered! Watch the video below, where Madalina from the Vega team steps through the whole setup process in detail.