Incentivized Testnet

Starting from August 21st, our Incentivized Testnet Campaign will be in full swing. While it might appear unconventional to conduct a testnet alongside the mainnet DEX, our purpose is to thoroughly validate the strength of the Ve(3,3) Model. This two-week campaign has been designed to extensively test the ve(3,3) model before the Token Generation Event (TGE).

Weโ€™re thrilled to present a substantial prize pool of $10,000, divided as follows:

  • 50% in oLYNX tokens

  • 50% in veLYNX, locked for two years

Upon the conclusion of the Token Generation Event (TGE), the rewards will be thoughtfully disbursed.

Weโ€™re actively working on unveiling more comprehensive details about the testnet, including its mechanics, the tasks involved, and comprehensive guides to ensure everyone can participate seamlessly. Stay tuned for more exciting updates!

Important consideration regarding veLYNX

Itโ€™s important to note that all rewards will be distributed at once (oLYNX and veLYNX). This means youโ€™ll have the flexibility to either harness the voting power of veLYNX to participate in weekly gauges to collect fees/bribes or treat it as an NFT to trade.

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