Up to now, 50+ Web3 projects have joined the SINSO ecosystem and SINSO Testnet has connected with 9000+ nodes. The active participation of miners has made our decentralized cache network more robust and secure. Next, we will further promote the decentralization, efficiency, and security of the network construction.
The Testnet of SINSO has gone through phase 1 deployed on BSC chain and phase 2 deployed on SINSO Smart Chain (SSC). On December 9th, SINSO Testnet on SSC will stop running to prepare for the phase 3 deployment on the AmStar Test Chain. For the 3rd stage, SINSO has introduced a mining program that is more suitable for the public, which will bring a new mining experience. So, before the official launch of the Amstar Main Chain, SINSO decided to invite the community to participate in the Open Beta of the new mining program. The program will run in parallel to SINSO Testnet on SSC. And this Beta Test has a huge bonus pool — 1 million SINSO tokens!
I. Activity Time
8 AM UTC, 2022.12.5–8 AM UTC, 2023.1.15
Access Period: 12.5–12.9 Node revenue during this period will not be included in the activity revenue.
Starting from 8 AM UTC,2022.12.10, node revenue is credited to activity revenue.
II. Prize Pool
1,000,000 SINSO
III. How to Participate
For this event, you can choose to participate two ways — miner and node guarantor.
-Miner: You can directly read the details of and download the mining program from the “docs” button of <https://testnet.sinso.io>; Follow the tutorial to receive TSINSO (for staking) to build and run your nodes, so as to get mining rewards.
-Node Guarantor: Through the application, you can obtain the qualification to acquire the staking coins to be airdropped; Then you can stake the coins to get corresponding rewards.
Below are the required tasks and rules:
Step 1: Basic tasks (for everyone):
-Follow @sinsonetwork
- Follow @sinsonews
- Follow SINSO Medium: https://sinsonetwork.medium.com
- Follow SINSO CMC: https://coinmarketcap.com/community/zh/profile/sinsonetwork
- Follow TG channel: https://t.me/sinsochannel
-Join TG chat: https://t.me/sinsonetwork
-Join Discord: https://discord.gg/Kx4MH7ecn7
-Join new TG chat：https://t.me/sinsonetwork1
-Retweet and @ 3 friends
❗ Complete Verification Form for Basic Tasks: https://givelab.com/hZjJmo/sinso-mainnet-pubilc-beta-airdrop
Step 2: Miner/Node Guarantor Tasks
1. Miners — to Participate
①Complete Basic Tasks;
②Click the link <https://sinso-getway-document-two.vercel.app/docs/Install/Quick%20How-To%20Guide!> to enter the staking browser to download GUI mining program, and complete building and starting your nodes following the tutorial;
③Receive staking coins to complete node staking to ensure the nodes work functionally, so that you can gain revenue.
(Please refer to the tutorial in Part V for details)
2. Node Guarantor — to Participate
①Complete Basic Tasks;
②Fill out the Guarantor Application, which will be opened every 7 days for a total of 6 times;
③After application review, we will announce the approved Guarantor list. You need to complete node guarantor staking after the official notice;
- Collect airdropped TSINSO through the BSC wallet address submitted in your application;
- Complete cross-chain conversion, to convert TSINSO on BSC Chain to AmStar Chain;
- Complete staking, then you can receive income from the revenue of nodes.
(Please refer to the tutorial in Part V.2 for details)
❗❗ Complete Guarantor Application Form: https://forms.gle/qTfYc2t5gTPmnW9g9
Step 3: Public Beta Feedback Form
In order to optimize our products and ensure you have better mining experience, please fill in the Google form below if you have any questions or suggestions during the Ppen Beta process.
❗❗❗Complete Public Beta Feedback Form: https://forms.gle/r2aEDEzFNotwNFpp9
IV. Reward Rules
At the end of the activity, SINSO team will calculate the mining and staking rewards obtained by each address during the whole event. The share of each address in the 1 million prize pool equals the percentage it accounts for in the total number of tokens released by the Mainnet during the campaign.
①After the node revenue is settled according to the percentage, the SINSO tokens obtained will be issued to the corresponding node address;
②After the guarantor’s income is settled according to the percentage, the SINSO tokens obtained will be issued directly to the corresponding guarantor address.
E.g. If the total number of Mainnet tokens released during the activity was 500000 SINSO, a wallet address was rewarded with 1000 SINSO during the campaign, then the percentage=1000/500000=0.2%
Prize pool for the campaign = 1 million SINSO tokens
The final reward is 1000000*0.2%=2000 SINSO (Mainnet SINSO token, can participate in Mainnet online staking and be withdrawn in cash).
V. Related Tutorials and How-to Guides
a. Miner Operation Tutorial
SINSO Mainnet Beta Test Operation Tutorial
b. Guarantor Operation Tutorial
Beta Test-Node Guarantor Operation Tutorial
c. Mining equipment configuration requirements
Public Test Mining Equipment Configuration
VI. Cautions
1. All Airdrop participants should pay attention to task details and related tutorials, and stay tuned for SINSO official news;
2. Please note that the revenue obtained by miners and node guarantors through the beta test of SINSO Mainnet (during 2022.12.10–2023.1.15) does not equal the rewards you’ll get through Airdrop. Rather, the share of each address in the 1 million prize pool equals the percentage it accounts for in the total number of tokens released by the Mainnet during the campaign;
3. When the campaign ends, SINSO will complete the calculation and review of the results within 7 days and then will publish the winner list and related information. The appeal period is 3 days after the winner list is announced. If you have any questions, please contact the staff in time during the appeal period. Otherwise, your complaint will not be considered, and the loss caused by the user’s failure to appeal within the validity period shall be borne by the user himself;
4.The reward for this airdrop, which are official SINSO tokens on SINSO mainnet, will be distributed to the corresponding addresses within 7 days after the end of the appeal period;
5.If you have any problems during the process, you can contact the relevant staff in time, and if there are people who spread inappropriate remarks, SINSO will reserve the right to pursue relevant responsibilities;
6.The final interpretation right of this activity belongs to SINSO.
SINSO Mainnet Public Beta is about to start. Welcome and join us to share 1 million SINSO tokens!
