SWAN INCENTIVIZED TESTNET

DY2P...EAtU
7 Apr 2024
137

Hey web3 enthusiast,it's been quite a while. I sincerely apologise for being off on this wonderful platform. Just got admission into college so I've been pretty preoccupied. I will endeavour to write more articles for y'all so you won't miss out.

INTRODUCTION TO SWAN

Disclaimer: All information for this project was gotten from their official documents and official X page.

You have until April 15 to complete all tasks.

Official documents: https://docs.swanchain.io/
X Account: https://x.com/swan_chain?t=OT4ZBaX7UAptxg0q9laMjA&s=09

Discord Account: https://discord.com/invite/swanchain

Website: https://swanchain.io/homepage
Swan Chain is a layer on top of Ethereum, which is a popular blockchain system. It’s designed to make cloud computing decentralized, meaning it’s not controlled by just one company or place. This layer uses a special technology called OP Stack to work better with Web3 (the next generation of the internet) and AI (artificial intelligence).
Raised $3 million last year from famous labs
Check out it's tweet
https://twitter.com/swan_chain/status/1740751559116595669?t=HLJHXjTWMhNfkXDnD0TA4e44F3G4OWehH2ugHmhIj6I&s=19



Here’s what Swan Chain does:

  1. Decentralized storage: Think of it like a community library where everyone can store their digital stuff, not just one person.
  2. AI: It helps AI programs to run smoothly and be used by everyone.
  3. Zero-Knowledge (ZK) marketplaces: These are like secret markets where you can buy and sell things without anyone else knowing what you’re doing.

With something called LagrangeDAO, Swan Chain makes it cheaper (by up to 70%) and easier to use AI without needing super expensive computers. It also helps people make money from their unused computer power

  • Swan Chain has a cool idea where people who provide computing power can get paid regularly, kind of like getting a salary.

This is to make sure they keep helping out and everyone benefits. This is similar to what’s called a Universal Basic Income (UBI), but for computer resources.
Check out their docs for more info.

Steps To Earn $SWAN

There are five major ways to earn $SWAN TOKENS and maximize your rewards.
The Swan Chain Saturn Testnet is offering different ways for people to get involved and earn SWAN tokens, which are like rewards. They are:

  1. Transaction Drive Program: Do things on the network, like sending tokens to others, and you'll get SWAN tokens as a thank you. Generate transactions and see your $SWAN stack grow.
  2. Community and Educational Events: Join online learning events like webinars (which are like interactive online classes), AMAs (where you ask experts questions), and quizzes. You'll learn new things and earn tokens.
  3. Partnership and Integration Program: If you have a business or service, you can work together with Swan Chain. It's good for both sides, and you'll get rewards.
  4. Computing Provider Program: If you let Swan Chain use your computer's power, they'll pay you nicely for it.
  5. Developer Grant Program: If you're good at making apps, especially the kind that work with blockchain (called dApps), you can get money to help you build them.

So, the more you do with Swan Chain, the more SWAN tokens you can earn!. Therefore, try as much as possible to have HUNDREDS of transactions on their platform.

Apps Used:

  1. X(formerly twitter) account and app
  2. Galxe account
  3. Zealy account
  4. Discord account and app
  5. Mises or Kiwi browser.



TESTNET GUIDELINES

There are the simple steps you need to take to be eligible for the $SWAN rewards. Ensure you follow the steps and also do your own research about this project.

STEP 1: ADD CHAIN TO YOUR WALLET
Paste this chainlink and add it's smart network to your wallet
➡️ https://chainlist.org/chain/2024

OR Add it manually
Network name: Swan Saturn
New RPC URL: https://saturn-rpc.swanchain.io
Chain ID: 2024
Currency symbol: SwanETH
Block explorer URL: https://saturn-explorer.swanchain.io/

STEP 2: IMPORT $SWAN TOKEN
Copy this contract address below and switch to SWAN CHAIN NETWORK on your metamask
0x91B25A65b295F0405552A4bbB77879ab5e38166c
Click on import tokens as shown in that image and add it to your wallet

STEP 3: CLAIM TEST TOKEN
Claim test tokens from Discord Faucet:
Join the Swan official Discord through the link I posted in the beginning of this article and go to the swan-faucet channel under the SWAN - TESTNET section.
Type the command $swan_faucet {your-wallet-address}.
Copy your address from SWAN CHAIN NETWORK on your metamask and paste it there

STEP 4: FUND YOUR ETHEREUM SEPOLIA TEST TOKENS
Fund Your Wallet with Sepolia ETH Tokens
To process payments in addition to test_SWAN, you will require SwanETH tokens, which are bridged at a 1:1 ratio with Sepolia ETH. Therefore, it is necessary to obtain Sepolia Testnet ETH tokens initially from Alchemy, Infura and Quicknode faucets.

Note: You need to have 0.001 MAINNET ETHEREUM to be able to faucet from alchemy pay and quick node faucets while you can claim 0.5 Testnet tokens from Infura without have mainnet Ethereum.


Alchemy Faucet: https://www.alchemy.com/faucets/ethereum-sepolia

Quicknode Faucet: https://faucet.quicknode.com/ethereum/sepolia

Infura Faucet: https://www.infura.io/faucet/sepolia

STEP 5: BRIDGE SOME SEPOLIA ETHEREUM TO SWAN
There are two major ways to bridge your tokens
Option 1: Send some SEPOLIA ETHEREUM to this address
👉0x1B240FA1e884Cb5e09A7a22edf2563f371c5f882
After your transaction is complete, switch to SWAN chain to see your received tokens

Option 2: I highly recommend this one. You can use both but make sure you use this one.
Use their official bridge dapp
📝https://bridge.swanchain.io/
Bridge from Ethereum SEPOLIA network to swan network

If you have successfully completed all these days, your swan wallet should be looking like this;


STEP 6: DEPLOYMENT OF SMART CONTRACT ON SWAN CHAIN
This is a more advanced tasks and I don't think people without any knowledge can utilise it. I used thirdweb to deploy the smart contract on the chain and I plan to do an airdrop. So everyone drop your SWAN CHAIN ADDRESS in the comment section to receive some Testnet $BEAR tokens from me.

Thirdweb: https://thirdweb.com/swan-saturn-testnet/
This is not a beginners tasks so you can't understand unless you do your own research on it. I don't have a video channel yet but soon.
Drop your SWAN ADDRESS for some $Bear Airdrop.
Bear contract address: 0xe33318ADcDA4054006395228f21950645E843c39



Bonus Task

Bonus for Task 2: There will be a 5% bonus (3,600 SWAN) from the prize pool to reward users who bridge more Sepolia ETH from the Ethereum network to the SWAN chain.

So bridge more and send your $SWAN Testnet tokens to others.
You can send it to my address: 0xf997d9cFE86F952EF18cAeF7649A11d1E7970A7C

STEP 7: CHECK TRANSACTIONS ON SWAN EXPLORER
You can copy your swan address and checkout peeps transactions or trace your own transactions. Ensure you checkout multiple transactions on it daily.
📝https://saturn-explorer.swanchain.io/
You can paste your address and check out your transactions

Rewards Distribution

Participants will earn rewards based on their contributions to the tasks they choose to participate in. Higher effort and engagement will potentially result in higher rewards. The difficulty level of each task determines the complexity and potential rewards available.

Note: If you do not complete the galxe quest, you might not be eligible for rewards at all.

Your loyal points earned on galxe will earn you $SWAN TOKENS and also be used as means of authentication.


FEEDBACK FORM

After completion, submit your feedback through this link below and drop your EVM address or ENS.
https://docs.google.com/forms/d/e/1FAIpQLSdw6gTZL2Pzu2vAo3gWbva0oafbZ1PSvpS9ImRVQ_tk-UCIRA/viewform
Ensure you fill this form cause it might be used as another criteria


Galxe Quest: https://app.galxe.com/quest/filswan/GCg5VtwfnL
There are some daily quest in the galxe so do it everyday for more points, ensure you complete more than 200 transactions on the chain.

Reward Structure

The total prize pool that can be won depends on how many transactions are made. The more transactions, the more tokens are added to the prize pool. The prize pool starts with 100,000 SWAN tokens and gets 50,000 more tokens every time 200,000 more transactions are done.

The winners are the 10,000 wallets that have the highest transaction counts. They will share the prize pool according to the reward tier table.

Engage in on-chain activities such as:

➡️Deploying smart contracts
➡️Transferring tokens
➡️Bridging tokens
➡️Using dApps on Swan Chain (deploying Lagrange spaces, etc.). You can learn about Lagrange spaces on their documents.

Eligibility: To be eligible for rewards, participants must:

  1. Complete the GalXe campaign to verify their wallet address (Prerequisite).
  2. Participate in one or more of the tasks outlined above.
  3. Comply with all rules and guidelines set forth by the SwanChain team.
  4. Avoid any form of exploitation, automated activities, or actions that undermine the fairness and integrity of the testing environment.


Want to increase your transactions?

Try out Mieswap.
It's a dapp planning to build on swan chain. Ensure you do your own research before approval of transactions and always disconnect your wallet after usage.

It's the first dex building on swan network. I do not know whether it's legit or not but I have tested it out. You can increase your interactions with it. You can swap your $SWAN token to USDT, ETH and wETH and vice versa. Make more transactions on it.

Discord account: https://discord.com/invite/5EeMe5JK
X(formerly twitter account: https://x.com/MieSwap?t=x7Poul-gVygXdIcwsKMf2w&s=09
Official Guild: https://guild.xyz/mieswap
Website: https://www.mieswap.xyz/

For joining guild,paste link on your Mises or kiwi browser. Connect your social and wallet. Do all listed tasks. If you have connected to guild before, check their discord and go to the guild tasks. Click on connect and get your roles

I hope you have enjoyed this article. Don't forget to drop your $SWAN WALLET ADDRESS below for some $Bear. You can send $SWAN to my address and also request more $SWAN tokens from their discord every 24 hours.

Your tip can go a long way.

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