Sitara-Incentivized Testnet
Overview
Sitara incentive testnet is temporarily closed
Sitara incentivized tesnet will be rolled out via two stages, stage1 and stage 2, and stage 2 is divided into phase1 and phase2.
The duration of Sitara Incentivized Testnet will last about 1 month with 500,000 FIS (0.5% of total supply) as rewards for validators!
Please fill in the form before 23:59 (UTC+8), July 19th. The first 300 registrations will help us with the test and earn FIS rewards. You can also join our validator group, where find out everything about the incentivized testnet.
More than 300 validators sign up within 24 hours after we released the information in our community. There are more than 510 validators signed up at the end of 23:59 (UTC+8) 19 July.
In order to reasonably screen 300 validators, we have formulated the following selection criteria.
- 1.We will delete, including validators whose information has obvious errors (such as incorrect FIS address) and duplicate registrations
- 2.Preference is given to validators who signed up earlier
- 3.Preference is given to validators who have run a node on Seiya earlier
- 4.Preference is given to validators with longer verification experience
- 5.Preference is given to validators whose is belong to organization, including professional staking services, investment institutions, etc.
- 6.Preference is given to validators with greater influence and reputation in the community
Based on the above criteria, we screened 300 validators to participate in Sitara incentive testnet, here is the list.
There are multiple tasks in the first stage designed for validators, and whoever completes the tasks will be eligible to earn rewards.
July 21 21:00 (UTC+8) ~July 28 21:00 (UTC+8)
Tasks | Reward No. | Reward(FIS) | Total Reward(FIS) |
Run a node | 300 | 50 | 15000 |
Become a validator | 300 | 120 | 36000 |
Register an identity | 300 | 50 | 15000 |
Transfer | 300 | 30 | 9000 |
Nominate | 300 | 120 | 36000 |
Bond more token | 300 | 30 | 9000 |
Unbond &Withdraw | 300 | 30 | 9000 |
Claim | 300 | 30 | 9000 |
Upgrade | 300 | 50 | 15000 |
Mentor | 5 | 500 | 2500 |
All tasks should be completed in Sitara during Stage1, first complete first reward, and reward for tasks are independently calculated, which mean you can be rewarded in each task.
As for mentor rewards, we will observe the comprehensive performance of validators in our community. Validators who help others will also be rewarded. Please note that the Stafi team has the ultimate discretion on which validators shall be given the mentor rewards based on our assessment.
In phase1, validators are required to complete the security test of Stafi Chain, and the rewards will be distributed on a first come first serve basis.
July 30 21:00 (UTC+8) ~Aug 14 21:00 (UTC+8)
Tasks | Reward No. | Reward(FIS) | Total Reward(FIS) |
Setup a Sentry Node | 100 | 300 | 30000 |
Monitor Tasks | 50 | 1000 | 50000 |
Uptime | 200 | 200 | 40000 |
Mentor | 5 | 500 | 2500 |
All tasks should be completed in Sitara during Phase 1,please note that first complete first reward, and reward for tasks are independently calculated, which mean you can be rewarded in each task.
In phase2, a staking competition will be conducted, and the top 50 validators with the highest delegation will be given rewards.
17 Aug 21:00 (UTC+8) ~ 26 Aug 21:00 (UTC+8)
Rank | Reward No. | Reward(FIS) | Total Reward(FIS) |
1 | 1 | 10000 | 10000 |
2-10 | 9 | 8000 | 72000 |
11-20 | 10 | 5000 | 50000 |
21-50 | 30 | 3000 | 90000 |
There is only one task at this phase, which is to get more stakes at the end of the competition. Stakes come from stakers’ nominations. We will allow staker to use Claim app to claim dropped FIS from StakingDrop Campaigns in Sitara. Validators can accept nomination , thus obtaining a higher ranking. For more specific details, please check the document to be announced.
Last modified 2yr ago