Cover image for #16 | Nibiru Incentivized Testnet 3

#16 | Nibiru Incentivized Testnet 3

· 2 min read

Historical context: This post describes early Sai work as of 2023-05-25. Product details and launch plans reflect that period. See the Sai documentation for current trading and integration guides.

NIT 3 is the next phase of our incentivized testnet series. It contains tasks related to Nibiru's perpetual futures and spot trading applications.

Last NIT was focused on governance and smart contract transactions. During this phase, over 29,000 smart contracts were deployed and had transactions executed against them. Even more users participated in governance proposals.

Nibiru Incentivized Testnet #3

  • Begins: May 25, 2023
  • Ends: At the start of NIT #4

Sai (+1300)

  • Open a perpetual position on ETH
  • Open a perpetual position on BTC
  • Make a funding payment (takes up to 30 mins)
  • Close a position

Nibi-Swap (+1400)

  • Swap against constant product pool
  • Swap against stableswap pool
  • LP into a constant product pool
  • LP into a stableswap pool

Opportunity for Additional Rewards from NIT 3

We are excited to announce an exclusive opportunity for participants in NIT 3 to earn extra rewards worth $500 in ATOM tokens. ATOM rewards will be sent directly to the Cosmos address of 20 randomly selected eligible users.

To be eligible for these additional incentives, please follow the steps outlined below:

  1. Register here to submit your entry information.
  2. Complete at least one of the tasks listed above. Remember, the more tasks you complete, the higher your chances of winning

Please note that the reward distribution can take up to 10 business days after the campaign ends on June 1.

Prior Phases of NIT

If you haven't already, make sure to complete the NIT Registration. You can find out how to earn rewards from the the previous NIT phases here:

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