Testnet Phase 1

TESTNET PHASE 1 HAS NOW CONCLUDED AND THE NETWORK WILL BE DEPRECATED ON 10th APRIL 2024

TESTNET PHASE 2 "Hongbai" IS NOW OPERATIONAL! PLEASE MOVE TO HONGBAI

Goals

Phase 1 is designed to achieve the following goals:

1. Network Security

Test transactions and ensure everything functions securely as intended.

2. Network Enhancement

Give validators hands-on experience to provide invaluable feedback helping us refine and strengthen MANTRA Chain.

3. Early Adopter Recognition

Foster an active validator community committed to governance and upgrades by rewarding early contributions.

Challenges

1	Pass KYC / AML check	MANDATORY to receive rewards
2	Create a full node	Up for 526k blocks
3	Uptime monitoring	Up for 526k blocks
4	Self- Delegate	1 testAUM
5	Redelegate and undelegate to an internal validator (MANTRA team will share the validator address)	10 testAUM
6	Governance proposal - Vote on proposals (to be done on CLI)	5 proposals
7	Get jailed and rejoin active set within 60 mins (only for the first time)
8	Continued support on all environments	Testnet & Mainnet
9	Support in coordinated network upgrades
10	Engagement on socials	TBC
11	Contributions to ecosystem tooling and documentation	TBC