SoneFi Incentive Phase-1: Testing-Centric on Soneium Testnet

SoneFi: The Ultimate One-Stop Trading Dex on Soneium Network

Your one-stop earning gateway on Soneium

SoneFi, built on the Soneium Network, is the first native one-stop trading DEX, offering AMM spot swap, perpetual trades with up to 50x leverages, meme-launch and dual-token growth flywheel etc.

Introduction

Prepare to immerse yourself in the thrilling world of SoneFi and grab your share of $SOE tokens through the Points Campaign! This detailed guide has everything you need to know to boost your points and secure your airdrop rewards.

Phase-1 Incentive Program

Testing-Centric

Since SoneFi is currently in the testnet phase, the dApp may be unstable and potentially contain several bugs. The Phase 1 Incentive Program aims to engage the community to thoroughly and rigorously test the dApp, ensuring all functions are usable and operate smoothly. This campaign will be brief, allowing the development team to focus on addressing any issues or bugs identified during Phase 1.

Incentive Executive Detail

  1. Total Points: 100,000

  2. Start Date: 2024-09-23, 02:00:00pm

Eligible Rules

  1. Achieve a total trading volume of at least 1,000 SLP or provide at least 200 SLP in liquidity within 72 hours.

  2. Sybil addresses will be excluded.

Earn Points

Provide Liquidity to Perp Pools: Earn 2 points for every 100 SLP in liquidity provided for 24 hours. Earn up to 1000 points per address

Trade: Earn 1 point for every $100 in trading volume. Earn up to 1000 points per address

Trade Profit: Earn 0.1 points for every $1 profit. Earn up to 500 points per address

Referral: Get 50 points and 30% of your invitee's trade points rebate for each successful referral. Earn up to 5,000 points for successful invitations and up to 10,000 points from referral trading rebates.

Points Utility

The points you earn will be used to calculate your esSOE airdrop based on a specific formula when the mainnet launches. The more points you accumulate, the larger your esSOE airdrop will be.

The esSOE token

esSOE also known as Escrowed SOE, has two ways of use:

  • Stake to earn revenue similar to regular SOE tokens

  • Vest to actual SOE tokens within one year

Each staked Custody SOE token will receive the same amount of Custody SOE and Protocol Income rewards as regular SOE tokens.

Please note that Escrow SOE (esSOE) is not transferable unless a full account transfer is made. The amount of SOE or SLP required to vest esSOE is unique to each account, and the maximum amount of esSOE that can be vested is capped at the esSOE rewards received by that account.

Join the SoneFi Community

Embracing the power of community, join Discord and Telegram groups. These will not just be spaces to share updates, but hubs for vibrant discussions, fresh ideas, and the pulse of our dedicated community.

Why Build on Soneium?

Soneium, developed by Sony Block Solutions Labs, is a unique blockchain that bridges Web2 and Web3, fostering creativity and innovation. Built on a next-generation Ethereum layer 2 ecosystem, it emphasizes accessibility, scalability, and efficiency to tackle real-world challenges.

By choosing Soneium, you’re not just using a blockchain; you’re joining a movement that redefines digital creativity and innovation.

Follow us to stay updated with everything on SoneFi!

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