Mainnet Sims #4
Trading on Validator testnet using Vega-created trading bots and professional marketmakers
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.
How to participate in the mainnet sims
- Create a Vega Wallet, you can choose to use Desktop, or the CLI version (make sure your wallet is connected to the validator network). Show Video
- Register your wallet and Twitter ID, you can check if you are already registered here. Show Video
- Join Discord (optional but recommended) and follow the @vegaprotocol Twitter account.
- Earn 10% extra and bring your frens to the Mainnet Sims by completing this form! If you’re not interested in the referral program continue directly to the registration form. Show Video
- Like and retweet the mainnet sims tweet. Remember, the more users that take part, the higher the reward pool.
- Start trading on Validator testnet Console or via the API. Show Video
If you participated in SIMS 1, 2 and/or 3 make sure you have the latest Vega Wallet, this since a new one was released, and have imported the latest network settings for Validator Testnet, then you can go directly to #5.
New users:
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.
https://raw.githubusercontent.com/vegaprotocol/networks/master/testnet2/testnet2.toml
I'm taking a ride on @VegaFairground PUBKEY SIGNEDMESSAGE https://fairground.wtf/ #VegaFairground
All users:
*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 #4 will run from Tuesday 4th April until Tuesday 11th April 10 am UTC when it will terminate and settle based on Binance spot markets on BTC/USDC and ETH/USDC. There will be multiple trading games that you can take part in, by trading on BTC/USDC and/or ETH/USDC, and win $VEGA.
Funds for trading (USDC) which can be found on the valitator testnet explorer, and will be sent to all participants each epoch, so each 30 minutes, epoch 2999 -> 3287 which is TUE-MON. If you have a bad first trading day, or even bad few first hours and get REKT, don’t worry, you will have many more chances to win $VEGA, especially since there are 50 winners every day starting Wednesday!. If you want to know what is the current epoch and when the next payment is, you can find that here.
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, 230 $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 23000 $VEGA.
The total reward pool for Sim #4 will range from 2300 $VEGA up to 69000 $VEGA, depending on how many users participate. Check the reward breakdown below:
*For more details on how the rewards structure works, head to this page.
| Competition | % of Total reward pool | 100 | 200 | 300 |
|---|---|---|---|---|
| Best weekly PNL | 52 | 11960 | 23920 | 35880 |
| Best Daily PNL #1 | 8 | 1840 | 3680 | 5520 |
| Best Daily PNL #2 | 8 | 1840 | 3680 | 5520 |
| Best Daily PNL #3 | 8 | 1840 | 3680 | 5520 |
| Best Daily PNL #4 | 8 | 1840 | 3680 | 5520 |
| Best Daily PNL #5 | 8 | 1840 | 3680 | 5520 |
| Best Daily PNL #6 | 8 | 1840 | 3680 | 5520 |
| Special reward | 420 | 420 | 420 | |
| Total Reward Pool ($VEGA) | 100 | 23420 | 46420 | 69420 |
Weekly PNL:
Up to a total of 35880 $VEGA
A weekly trading game measuring PNL (profit and loss) will be running from Tuesday 4th April to Tuesday 11th April 10 am UTC.
View LeaderboardDetailed DescriptionDaily PNL:
Up to a total of 5520 $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.
Daily PNL #1: Wednesday 5th April 10am UTC to Thursday 6th April at 10am UTC (view leaderboard).
Daily PNL #2: Thursday 6th April 10am UTC to Friday 7th April at 10am UTC (view leaderboard).
Daily PNL #3: Friday 7th April 10am UTC to Saturday 8th April at 10am UTC (view leaderboard).
Daily PNL #4: Saturday 8th April 10am UTC to Sunday 9th April at 10am UTC (view leaderboard).
Daily PNL #5: Sunday 9th April 10am UTC to Monday 10th April at 10am UTC (view leaderboard).
Daily PNL #6: Monday 10th April 10am UTC to Tuesday 11th April at 10am UTC (view leaderboard).
View LeaderboardDetailed DescriptionThe Bonus Round:
2000 $VEGA
Two trading games that will be running before and after a validator upgrade respectively. For the pre-upgrade leaderboard, the PNL will be measured. For the post-upgrade leaderboard, the %PNL (profit and loss), based on the account size, of each account will be measured during this timeframe.
Pre-Upgrade PNL: Wednesday 12th April 1pm UTC to Validator Upgrade (view leaderboard).
Post-Upgrade PNL: Network restart after upgrade to Friday 14th April at 10am UTC (view leaderboard).
View LeaderboardDetailed DescriptionSpecial Reward
420 $VEGA
A special reward that will be given at the end of the SIMS.
FRENS BRING YOUR FRENS! Earn 10% extra when you bring your frens to the Mainnet Sims!
