Two weeks have passed since we first shared our plans for our incentivized testnets. We are happy to share several exciting updates around eligibility requirements, selection process, expected participation slots, success criteria and rewards.
Before jumping into the details, we want to share some of our principles and goals of the Aptos Incentivized Testnet (AIT) process:
To those points above, we recognize that our timeline between the AIT1 registration and launch of the network places participants in a non-ideal position. This came to light as we explored the registration process, eligibility requirements, and startup time. To foster a fairer experience for all, we have adjusted the timeline for AIT1:
In order to participate in the incentivized testnet, participants must demonstrate the ability to configure and deploy a node as well as provide certain identifying information (name, residence or domicile, date of birth, etc.) and pass sanctions screening. On May 13th, we will launch a web portal that contains a registration page, instructions on how to configure and deploy your node, and node and registration status pages. Our registration site will validate that you have successfully prepared your node. At which point, you will be able to submit certain identifying information for verification and screening purposes. Upon successful completion of these tasks, you will be designated as “AIT Eligible”. The screening processes are usually fast but in some cases can take time to complete.
Due to regulatory considerations within the US, US participants are able to participate but will be ineligible for token-based rewards. We are actively exploring the possibility of giving other non-token forms of rewards for successful participants based in the US, but there’s no guarantee that any such rewards will be available to US participants.
Any rewards in connection with the incentivized testnet will be provided only following successful mainnet launch and any tokens provided will be subject to a one-year lockup period.
To be selected, you must first pass all the eligibility requirements. Beyond that we will be considering several other aspects including geographical distribution and applicant reputation. As part of the registration process, applicants will be required to specify the region in which they intend to deploy their node to ensure geographical distribution of validators. Participants that have failed in previous rounds or have exhibited dishonest behavior will be ineligible for future rounds. There will also be consideration toward applicant reputation as a node operator. Ultimately we are looking to enable general participation that helps solidify the launching of this network.
We will post an announcement when the registration website launches on May 13th. In the meantime, star us on GitHub, follow us on Twitter, and join us on Discord to follow along!