Testnet

The launch of SFI L2’s testnet is set for the end of Q4 2024. This three-month incentivised testnet will allow the team to assess the system's robustness while providing the community with an opportunity to preview the mainnet features and earn rewards during the testing phase.

Target Audience

• Blockchain Enthusiasts: Individuals eager to explore and engage with the latest onchain technology launches. They actively evaluate emerging technologies and may seek opportunities to convert earned points into valuable airdrops.

• Developers: Those looking to build onchain solutions. Developers will benefit from technical documents and tutorials to further understand the innovative solutions offered by SFI L2. Developers may also become advocates for the platform, especially with the possibility of receiving grants to support ecosystem development.

• Protocols: New or existing protocols on other chains that can facilitate adoption. The testnet serves as a platform to attract and educate these protocols about the benefits of SFI L2.

Objectives of the Testnet Campaign

The testnet campaign aims to achieve several key objectives:

• Stress Testing the Network:

  • Evaluate the scalability, reliability, and security of the L2 infrastructure by simulating high transaction volumes.

  • Identify edge cases and potential bottlenecks.

• Feature Validation:

  • Ensure seamless operation of core features like bridging, indexers, oracles, and Verifiable Random Functions (VRF).

  • Validate the integration of automation workflows and offchain data feeds.

• Community Engagement:

  • To foster an active community of developers and users who contribute to testing and feedback.

  • Onboard participants who will play a long-term role in the ecosystem.

• Bug Detection and Fixes:

  • Identify and resolve bugs in the codebase, tools, and user interfaces.

  • Reward contributors who uncover and report critical vulnerabilities.

Incentivisation Structure

The incentivised testnet rewards participants for completing specific activities, promoting active engagement across various roles. Rewards are allocated in points and fall into the following categories:

• User Rewards:

  • Completing transactions on dApps running on the testnet.

  • Testing wallet features, such as bridging assets and interacting with faucets or swapping tokens on the testnet.

  • Exploring features of participating protocols.

• Creative and Community Contributions:

  • Writing tutorials or guides to onboard new users.

  • Sharing insightful feedback or creating educational content about Singularity Finance.

Leaderboard System

Participants will be ranked on a leaderboard based on their accumulated points. This gamified approach adds a competitive edge and encourages consistent participation while maintaining transparency.

Feedback and Reporting

Participants play a vital role in refining the testnet through their feedback and bug reports. A dedicated feedback portal will allow users to:

• Submit bug reports and enhancement suggestions.

• Share logs, screenshots or transaction details to support debugging.

• Earn additional rewards for critical or high-impact contributions.