Community Update #29
Vega Token Unlocks, Fairground Incentives Q&A + Distribution, New Hackathons
Sharing updates from the Vega ecosystem and sometimes slightly beyond. To chat, learn and discuss more, see a full list of resources on LinkTree.
Contents:
Token Unlock & Restricted Mainnet - Update
Incentivised Testnet - Retrospective
Fairground Rewards Claims - Update
Fairground Jam - Incentives Q&A
Hackathon Sneak Peek - Gitcoin Grants 11
Upcoming - Community Call #13
Vega has finally reached the hands of the people, will you be joining the journey?
Here is what’s new:
1. Token Unlock & Restricted Vega Mainnet 🌌
My my, what a week this has been! At 00:00 UTC, September 3rd, 2021, Coinlist Sale Option 3 of the ERC20 Vega Token unlocked. This is a significant milestone for the Vega Community and marks the first time that VEGA is freely available outside of Coinlist! Vega is now listed on a number of DEXs and CEXs and you can pick some up right now. Read the full token unlock article for the detail on how to claim tokens and where to get some if you aren’t yet a Vega token holder! 💥
Meanwhile, September is the month that the Restricted Vega Mainnet is expected to go live! The binary needed for validators to begin securing the initial version of the network is being delivered. Once consensus is received from all validators, we will finally see a fully functioning Mainnet. We hope you’re as excited as we are!
Check out the Roadmap blog that publishes next week for info on what happens next!
2. Incentivised Testnet Retrospective 😎
Last week, the second set of incentives were launched to test the security and stability of the network. As hinted in the previous Fairground Jam’s, we were testing the ERC20 Bridge’s Deposit and Withdrawal Functionality.
5,000 - which quickly became 10,000 - VEGA tokens were up for grabs, with successful participants rewarded for their time spent testing the protocol. As expected, some bugs were found and the errors were improved upon. Nonetheless, this incentive went smoother than the last; we are keen to launch the next one very soon.
3. Fairground Rewards Claims - Update ⌛
As promised to those participating in the Fairground Incentives, claim links have started to be sent out from September 2nd. The process is now underway and your tokens should be with you soon (thank you for waiting this long, we’re grateful for the trust our community have in us 😊)
Token Info: Tokens received will be linearly vested over a 12 month period. During this time they cannot be sold or transferred, but they can be staked once the Vega Mainnet is live later this month!
4. Vega Fairground Jam - Incentive Q&A with Gordon 🐝
For both new and old community members, we host a weekly Vega Fairground Jam - every Thursday (6pm BST, Twitch) - where we learn something new you can do on testnet, go through what's just released, and offer support. Sign up here and catch the previous recordings on the Vega YouTube Channel)!
This week, Gordon, one of the minds behind the incentives, had a chat with me about the recent testnet initiatives. This was a causal retrospective Q&A/AMA on past and future plans for the Vega testnet.
Do check out the recording above if you missed the Twitch live stream!
5. Sneak Peak - Gitcoin Grants 11 Hackathon 👀
Gitcoin is about to launch its largest round of grants yet! Alongside this, they are launching a Hackathon from September 8th-23rd, 2021 and Vega are participating. Keep your eyes out for an official announcement post from Vega early next week!
Remember that Hackathon participants get a special rank & private channel in the Vega Discord. We’re keen to cultivate a strong Buidlr community, so do consider participating as the number of people building on Vega continues to grow! 🏵
6. Community Call #13 - Next Week ☎
Next Tuesday, 5pm BST/UTC+1, Vega will be hosting Community Call #13 on Twitch!
These are hosted on the first Tuesday of each month - see you then! 🤗
🎈 It has been an eventful week, a lot has been achieved, but there is much more to do 🎈
Until next time,
-Daigan 🍊