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IBAX Testnet is live!

September 10, 2021 12:00 AM

-40627 Hour

We are happy to announce the IBAX testnet. A $15,000 reward pool of $USDT will be distributed amongst participants for engaging in various activities.

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Hi everyone!
We are happy to announce the IBAX testnet. A $15,000 reward pool of $USDT will be distributed amongst participants for engaging in various activities. Read the test-net instructions below and welcome.

Here is the list of features included in the testnet:

• 8 available assets (IBTC,IETH, IUSDT, IUSDC, IBXC, ISOL, IADA)
• Depositing (supply) & Withdrawing assets
• Airdrops
• Referral program

Testnet goals
1. Familiarize the community with the protocol
2. Identify bugs, glitches, typos, and areas for improvement
3. Receive feedback and suggestions on the protocol usage
4. Collect feedback and Suggestions on BaaS

Duration
September 10th, 2021 — September 24th, 2021

Eligibility
Anybody is open to participating. DeFi experience is a plus.

Reward pool
$15,000 equivalent in IBXC tokens.

At the end of the 2-week testnet period, we’ll announce:

• 1 winner who gets $1,000 (platinum reward)
• 10 winners who get $500 each (gold reward)
• 20 winners who get $200 each (silver reward)
• 50 winners who get $100 each (bronze reward)

Requirements for getting a reward:

• Complete the protocol testing task
• Complete the social media task

The more bugs, UI/UX inconsistencies, improvement suggestions, etc. you report — the higher chances to win better rewards! Bug report should be delivered to Elunewhisper on Discord.
IBXC tokens rewards will be distributed to winners 1 month after this testnet event is launched (September 2021).

Follow the steps below for reward
1. testing task:

• Open the testing report form. It contains testing assignments (basic DeFi use-cases like supply, borrow, stake, etc.);
Follow them step-by-step and fill in the answers as you go. Report bugs, glitches, typos, and areas for improvement that you found.
• Use the testnet manual to learn how to perform the assignments; it contains step-by-step instructions for every use case.
Please, use only the English language for filling out the report.

2. Social media task (included in the sign-up form):

• Join our Discord #bugsbugsbugs channel for questions & discussions about the testnet (https://discord.gg/zRX6Mwafya)

• Join our Telegram announcement channel (https://t.me/augmentedfin)

• Follow us on Twitter (https://twitter.com/IbaxNetwork)

• Follow us on Telegram (https://t.me/IBAXNetwork)

• Follow us on Discord (https://discord.gg/zRX6Mwafya)

• Follow us on LinkedIn (https://www.linkedin.com/company/ibaxio)

• Follow us on Medium (https://ibaxnetwork.medium.com)

• Follow us on YouTube (https://www.youtube.com/watch?v=jzfvZMb_jus)

• Like and retweet this tweet (+ tag at least 5 friends)

How to start

1. Complete the sign-up form
2. Connect your Jutkey wallet to the IBAX test network
3. Get your testnet tokens
4. Go to https://ibax.io/
5. Complete the testnet activities listed above
6. Submit your report


What’s next?

The testnet launch is an important milestone that will be followed by the IBAX Network main net launch that is scheduled for November 2021.
Join our Discord, Twitter, Telegram, and Medium to stay informed on our updates and news. Spread the word about IBAX Network and our mission to help everyone achieve and secure financial independence and be a trusted long-term source of income and liquidity.

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