Skip to content

Latest commit

 

History

History
118 lines (68 loc) · 9.95 KB

apr-for-liveliness-test-the-bonding-+-staking-rewards-module.md

File metadata and controls

118 lines (68 loc) · 9.95 KB
Raw

APR for Liveliness 🎖️: Test the Bonding + Staking Rewards Module

.

{% hint style="info" %} This Event has been concluded. {% endhint %}

Program Overview

Introduction

Be part of the first cohort of users who test the Itheum Protocol Staking Program! This test event aims to stress test Itheum's new staking mechanism that allows gaining an APR for bonding ITHEUM tokens to Data NFTs.

Scope:

  • The test event will focus on the testing of the staking mechanism of ITHEUM tokens in a "devnet" environment (i.e., no real value/mainnet tokens used).

Test Dates:

  • Start Data: 31 July (Friday) 2024
  • End Date: 5 August (Tuesday) 2024

Base Rewards:

  • 100,000 $ITHEUM shared pool for this test event for those who complete the Actions and Tasks to a fully satisfactory level
  • Completing all Actions steps below as detailed in the Test Steps below, will also get you a total of 800 BiTz XP

Bonus Rewards:

  • Major bonus rewards in $ITHEUM for reporting "mission critical" bugs related to security, business logic, APR or rewards calculations (Note that they need to be confirmed by our team to be an issue before rewards are sent)

{% hint style="info" %} Submit your bug reports using this feedback form {% endhint %}

Test Scope:

Setup:

Step 1: Setup a MultiversX Wallet. Only DeFi Wallet is supported for this test event. Put your wallet in "DEVNET" mode if required (but this should happen automatically when you use the Portal as it's setup in DEVNET mode only).

Step 2: Get some dEGLD (DEVNET EGLD), which is required for gas payment on MultiversX. Go here, https://devnet-wallet.multiversx.com, login with your wallet from Step 1, and use the "Faucet" to get dEGLD. Alternately, you can use https://r3d4.fr/faucet to get dEGLD (Note! this is a 3rd party site so proceed with caution)

Step 3: Get DEVNET ITHEUM tokens, Go here: https://test.datadex.itheum.io/, login with your wallet from Step 1, Click on "Dash" on the top menu, and click on the "Send me ITHEUM" button to get 1,000 ITHEUM tokens.

Get your devnet $ITHEUM from the faucet

Actions:

{% hint style="info" %}

  1. The following actions can be repeated.
  2. The below assumes you begin the test with 1,000 $ITHEUM tokens on MultiversX DEVNET.
  3. Before you begin the next actions, note down all your balances.
  4. Note that the last step, you will need to come back in 2 days to "claim your rewards" based on the staking rewards. It's important you give these 2 day interval as we need to verify the balances as per your test. {% endhint %}

Action 1: Browse to https://test.datadex.itheum.io/mintdata and mint a Data NFT.

Make sure you click on the "Any Data Stream as a Data NFT-FT" option.

In the first step of the minting form, you can use any Test URLs from here:

Data Stream URL Data Preview URL
https://raw.githubusercontent.com/Itheum/data-assets/main/Misc/M1__FBI_Firearm_Background_Check_Data/pdf/dataset.pdf https://raw.githubusercontent.com/Itheum/data-assets/main/Misc/M1__FBI_Firearm_Background_Check_Data/pdf/preview.pdf
https://raw.githubusercontent.com/Itheum/data-assets/main/Health/H2__Visualizing_the_History_of_Pandemics/dataset.jpeg https://raw.githubusercontent.com/Itheum/data-assets/main/Health/H2__Visualizing_the_History_of_Pandemics/preview.jpeg

Use these URLs as to go through the minting process (as below) and mint your Data NFT and confirm it's in your wallet.

Action 2: Once the Data NFT is minted, browse to Wallet -> Bonding: https://test.datadex.itheum.io/datanfts/wallet/bonding.

Review your combined liveliness.

Task 1: Take a screenshot similar to the example below that shows "Your Liveliness Rewards" and "Your Data NFT Creator Liveliness Bonds"

Action 3: Create an NFMe.ID Vault Data NFT by going to https://test.datadex.itheum.io/mintdata and clicking the button below to pre-populate the minting from with NFMe.ID Vault Data NFT metadata.

As per previous action step, mint your NFMe.ID Vault Data NFT and confirm it's in your wallet.

Action 4: Once the NFMe.ID Vault Data NFT is minted, browse to Wallet -> Bonding: https://test.datadex.itheum.io/datanfts/wallet/bonding. Review your combined liveliness, which will be based on your Data NFTs with bonds.

Task 2: Take a screenshot similar to the example below that shows your new "Your Liveliness Rewards" and "Your Data NFT Creator Liveliness Bonds"

Action 5: Set your NFMe.ID Vault Data NFT as your Primary NFMe.ID (click on "Make this your Primary NFMe.ID" button).

Top up your NFMe.ID Vault Data NFT with 100 ITHEUM.

Task 3: Take a screenshot similar to the example below that shows your new "Your Liveliness Rewards" "Your NFMe.ID Vault Data NFT", and "Your Data NFT Creator Liveliness Bonds"

Action 6: Come back in 2 DAYS and review Liveliness and Rewards after a couple of days.

Task 4: Do all the below items (note that your will need a BEFORE vs AFTER screenshot, so you need two in total)

  1. BEFORE SCREENSHOT: Take a screenshot similar to the example above that shows your "Your Liveliness Rewards", "Your NFMe.ID Vault Data NFT", and "Your Data NFT Creator Liveliness Bonds"
  2. Report your UTC time from https://www.timeanddate.com/worldclock/timezone/utc
  3. Note down your $ITHEUM balance in the top right corner of the app, so we can verify that your $ITHEUM balance goes up when your claims your rewards
  4. Click on "Claim rewards" button in "Your Liveliness Rewards" box, and review the $ITHEUM balance and confirm your new balance is correct with the claimed rewards.
  5. AFTER SCREENSHOT: Take a screenshot similar to the example above that shows your new "Your Liveliness Rewards", "Your NFMe.ID Vault Data NFT", and "Your Data NFT Creator Liveliness Bonds"

Got Questions? Head over to our Discord : itheum.io/discord