Introducing Poseidon Testnet on Sei Atlantic 2
Every DeFi monument has its journey. We have just taken our beginning on this long-live adventure.
With the vision of building the most innovative liquidity on Sei Network, CoralX is taking tireless initiatives to deploy, test, and finalize its cutting-edge features. We understand that every single line of code that we are writing carries more than just airdrops, campaigns, or community expectations. CoralX is on a great mission to become the ultimate DeFi protocol that provides a seamless and perfect trading experience by making use of the elite in Sei Network’s infrastructure design.
This journey cannot be finished without the great support from the Coral Keepers. With the purpose of motivating community participation, a fair, transparent, and trustworthy testnet mechanism was designed. Participants will experience the most practical features on CoralX while boosting their rank on the leaderboard to compete for rewards with other participants. All operations will be performed and recorded On-chain, bringing a decentralized and transparent testing period.
Welcome to the Poseidon Testnet!
Introducing Poseidon Testnet
Poseidon Testnet marks an essential milestone in the development process of CoralX. With the launch of Poseidon Testnet on Sei Atlantic 2, the CoralX team aims to identify all the technical and user experience gaps. Thereby implementing modifications and ensuring a seamless DeFi experience for users across the ecosystem.
Access Poseidon Testnet: https://coralx.finance/
Point System
When entering the Poseidon Testnet, you may notice Starfish - the point that is used to calculate and measure your process. The more Starfish points you have, the more CRX tokens you will obtain as Starfish points will be able to convert into Mainnet CRX tokens, according to a certain ratio that will be announced in the future.
Besides, you can see your CRX balance on the Poseidon page. This amount of CRX is equivalent to the Mainnet CRX token at a 1:1 ratio. The conversion event will take place in the coming time.
How do I earn Starfish points and CRX tokens?
There are couples of methods to increase your points and CRX balance, so let’s keep diving into this important part:
1. Logging in:
Logging in using your Discord, Twitter account and following @CoralExchange on Twitter will get you 20 Starfish points and 20 CRX tokens. This will ensure a fair beginning for all participants.
2. Quiz:
Complete our daily quizzes by answering all the questions correctly for Starfish points. Test your knowledge, challenge yourself, and unlock a world of prizes. With each mission you conquer, you are going to earn 10 Starfish points. New quizzes will be updated through CoralX’s official channels, so make sure to follow us for the latest updates.
3. Daily Tasks:
Experience our currently available features also giving you more Starfish points. By completing each task, you will earn from 10 to 30 Starfish points randomly. Support us by earning from the faucet, swapping, adding liquidity, and sharing your thoughts on Twitter and you will earn what you deserve in return.
4. Bonus Campaign:
This is where degens and people-of-community showcase their power! If you are a role hunter, this task was designed for you. Just simply hunt our special Discord roles and you will be able to claim your Starfish points. Roles are distributed among the winners from our upcoming campaigns, and the rewards for each role are different. Make sure to keep an eye on our social channels for special campaigns in the coming time.
5. Referrals:
This task allows everyone to share their good and earn their rewards in return. There will be 2 tiers of referrers that you can choose, along with 2 different reward mechanisms:
- Normal: The referrer earns 10% of Starfish points from the subscribers.
- Ambassador: The referrer earns 20% of Starfish points and 20% of the CRX tokens from the subscribers.
Whenever your subscribers logged in with their Discord and Twitter, the system will count your invitation as a success. Get your referral link ready and start sharing the opportunity with others!
By launching the Poseidon Testnet, we are calling all Seilors and community members to join, experience our features and provide us feedback as we all share the same vision: To consolidate the growth of the Sei ecosystem with qualified protocols and services.
Join us for more updates:
