From Thursday 25th Jan 10 am UTC until Monday 29th Jan 10 am UTC, we will be running the Slide and Ride trading games on our Fairground testnet. Slide and Ride takes advantage of some new functionality on Vega, one which is isolated margin, the other a margin slider and the third teams competitions.
There will be two markets running with differences in terms of allowed leverage BTC/USD 1 & 2 and each market will have a separate leaderboard but using the same settlement asset (USD-SL).
The way to win is to receive as much reward as possible on each market individually, the reward is paid out each epoch and is based on the average size of the position held during that epoch (30 min), so you'd better slide and ride!
Make sure to trade using isolated margin which is required to win! There might also be some extra rewards in USD-SL being paid out to those in a team so keep your eyes and ears open.
You can read more about the highest average position reward here.
Please note that the following instruction is for testnet only! If you are using a local CLI wallet, you are required to run version v0.74.0 or later and for the Browser Wallet v.0.19.0 (Chrome (To upgrade you can right click manage extension and update), Firefox)(To upgrade you can right click manage extension and check for updates). You can download the appropriate wallet by following these instructions.
Please note that the following instruction is for testnet only!
The following is the reward structure for the incentive games, 2000 $USDT in total.
Highest Average Position Reward and Airdrop
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!
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.
By the end of February, winners will be getting their tokens on the vega pubkey they were participating with in the incentive. You can see the tokens by going to the console or the governance website.
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.