Transaction Drive Program

Earn up to 900,000 SWAN tokens by participating in on-chain activities

The Transaction Drive Program is an exciting incentive initiative from the SwanChain Saturn Testnet campaign, designed to boost on-chain activity and engagement on the Swan Chain Testnet. By participating in this program, you'll have the opportunity to share in a dynamic prize pool of up to 900,000 SWAN tokens, which grows as more transactions are conducted!

Showcase the potential of Swan Chain and earn rewards by engaging in various on-chain activities, such as deploying smart contracts, transferring tokens, bridging tokens, and utilizing dApps(Lagrange) on the Swan Chain, including deploying Lagrange spaces.

📆 The program is divided into two stages:

Duration

Stage 1: 24th January 2024, 09:00 (EST) - 14th March 2024, 23:59 (EST)

Stage 2: 15th March 2024, 00:00 (EST) - 15th April 2024, 23:59 (EST)

Stage 1

Prize Pool: 180,000 SWAN

Rules and Participation

1. Eligibility: Open to all Swan Chain testnet users.

2. Task:

Engage in on-chain activities such as:

3. Monitoring: Activities are automatically tracked on the https://saturn-explorer.swanchain.io/.

We may, at our sole discretion, modify or terminate your right to receive the prize upon discovery of any fraudulent and dishonest acts conducted by you in order to increase transaction counts under the Transaction Drive Program. Our decision shall be final and we will not enter into any discussion regarding this matter.

Reward Structure

The total prize pool that can be won depends on how many transactions are made. The more transactions, the more tokens are added to the prize pool. The prize pool starts with 100,000 SWAN tokens and gets 50,000 more tokens every time 200,000 more transactions are done.

The winners are the 10,000 wallets that have the highest transaction counts. They will share the prize pool according to the reward tier table.

The rewards from the Transaction Drive Program will be distributed in the form of NFTs. These NFTs can be used to claim SWAN tokens after TGE.

Reward Tiers

Rank

Percentage of Total Prize Pool

Example Reward per Wallet (100,000 SWAN Pool)

1-3

10%

3,333.33 SWAN

4-10

15%

2,142.86 SWAN

11-50

20%

500.00 SWAN

51-100

15%

300.00 SWAN

101-1000

20%

22.22 SWAN

1001-5000

15%

3.75 SWAN

5001-10000

5%

1.00 SWAN

Stage 2

Prize Pool: 720,000 SWAN

Rules and Participation

To ensure a fair and secure testing environment, we have implemented a new mechanism with enhanced security measures to prevent exploitation and prioritize genuine user engagement. Participants will earn rewards based on their individual efforts across five tasks, each with varying levels of difficulty and corresponding rewards from the 720,000 SWAN prize pool.

Prerequisite: ✅ Verify your wallet address by completing the GalXe campaign. This is a mandatory step to verify your wallet address for participation.

Tasks and Rewards:

Task
Task Name
Difficulty Level
Total Rewards (SWAN)
% of Remaining Prize Pool

1

Transferring Tokens

Beginner

180,000

25%

2

Bridging Tokens

Elementary

108,000 + 3,600 (Bonus)

15% + 5% (Bonus)

3

Deploying Contracts

Intermediate

108,000

15%

4

Deploying Space on Lagrange

Advanced

288,000

40%

Bonus for Task 2: There will be a 5% bonus (3,600 SWAN) from the prize pool to reward users who bridge more Sepolia ETH from the Ethereum network to the SWAN chain.

Rewards Distribution: Participants will earn rewards based on their contributions to the tasks they choose to participate in. Higher effort and engagement will potentially result in higher rewards. The difficulty level of each task determines the complexity and potential rewards available.

Eligibility: To be eligible for rewards, participants must:

  1. Complete the GalXe campaign to verify their wallet address (Prerequisite).

  2. Participate in one or more of the tasks outlined above.

  3. Comply with all rules and guidelines set forth by the SwanChain team.

  4. Avoid any form of exploitation, automated activities, or actions that undermine the fairness and integrity of the testing environment.

Genuine participation and meaningful contributions are highly encouraged and will be rewarded accordingly. The SwanChain team reserves the right to disqualify participants suspected of violating the rules or engaging in exploitative behaviors.

Last updated

#234: update CP

Change request updated