Mandala Festival Prize Drops 🎉

by Acala Network

Acala’s Mandala Test Network was live on 17th Feb and upgraded to Mandala TC-2 yesterday. We will host a Mandala Festival to celebrate and reward supporters and festival-goers.

The Mandala Festival will start on 6th March (GMT+12) , and give out approx. 100,000 ACA & 5,000,000 KAR (Karura Canary Network token) to festival-goers and contributors.

The Acala network tokens — ACA will be minted in full on genesis with a fixed supply of 100,000,000. A portion of the ecosystem allocation will be deployed to support this festival :tada: Upon Mandala TC-2, the airdrop module will record two new balances: ACA and KAR*, which can be used to claim the prize tokens on Karura Canary network and Acala mainnet.

This festival marks the beginning of fostering a great Acala community, whether you are a node runner, an end-user, a blogger, a developer, a thinker or a curious, there is something just for you. In summary, the festival consists of two parts.

PART I: Time-limited Candy Drops

  • A. Candies for Running a Node | 06 MAR to 27 MAR 2020
  • B. Candies for Using Acala | 06 MAR to 27 MAR 2020
  • C. Candies for Blogging Acala | Ends 31 MAR 2020

PART II: Timeless Prizes

  • A. Prizes for Coding
  • B. Bounties for Runtime Bugs
  • C. Bounties for UI Bugs

PART I: Time-limited Candy Drops

A. Candies for Running a Node | 06 MAR to 27 MAR 2020

WHEN & WHAT

  • A candy draw will be held at UTC 00:00 each day for 3 prize winners .
  • Each prize is comprised of 55 ACA & 2,777 KAR (Karura Canary network token)

HOW TO JOIN

  1. Run an Acala Mandala Full Node
  2. Docker image is available, so it takes no time to get it up and running. But if you are online more often than not , then there is a higher probability of winning .
  3. Refer to this guide for more details

PRIZE GIVING

  1. When you run a node, use --name with the first 10 characters of your address, e.g. --name “5DcvxiYpLn" , as prize tokens will be dropped to this address
  2. Refer to this guide to get a Mandala address
  3. Please ensure this address has test tokens so that we can verify it. Refer to this guide to get test tokens.

B. Candies for Using Acala | 06 MAR to 27 MAR 2020

WHEN & WHAT

A candy-draw will be held every Friday for 116 prize winners

  • 10 top accounts with maximum gain or loss will be awarded
  • 106 lucky accounts will be drawn from all qualified
  • Each prize is comprised of 66 ACA & 3,333 KAR (Karura Canary network token)

HOW TO JOIN

  • Top 10 accounts: Become top accounts with maximum gain or loss , e.g. consider leveraged trading with borrowed aUSD :thinking:
  • 106 lucky accounts:
  1. Any accounts that have completed a minimum of 20 meaningful transactions on Acala will qualify for candy draw
  2. You can use Acala DApp or Acala Console
  3. Get Started Here

Meaningful transactions:

  • Including using stablecoin loan (via honzon module), a decentralized exchange (via dex module), participate in auctions (via auction module)
  • Excluding balance or currency transfer transactions

PRIZE GIVING

  1. Prize tokens will be dropped to your transacting account
  2. Please take appropriate measure to backup your account

Update an aUSD loan (YouTube)

C. Candies for Blogging Acala | Ends 31 MAR 2020

WHEN & WHAT

  • 20 prizes (10 from Medium and 10 from Bihu) will be selected within a week after 31 Mar .
  • Each prize is comprised of 666 ACA & 33,333 KAR (Karura Canary network token)

HOW TO JOIN

  1. Submit a blog to either Medium or Bihu regarding the Acala Network.
  2. The article must include your Acala Mandala Address to receive prizes .
  3. Submit the article link to Acala Riot Channel with keyword CANDY_BLOG
  4. The blog must be original.
  5. It is judged by the quality of the article and how many likes on the platform.

PRIZE GIVING

  1. Include your Acala Mandala Address in the article for receiving the prize
  2. Prize tokens will be dropped to the account included in the article
  3. Please take appropriate measure to backup your account

PART II: Ongoing Rewards

A. Prizes for Coding

ELIGIBILITY

Anything built with or on top of Acala that inspires you and excites you. This could be bots, DApps, services, tooling…

Please provide the following

  1. Clearly articulate the problem and solution
  2. Complete at least a proof-of-concept runnable code
  3. Provide appropriate documentation
  4. Put your Acala Mandala Address inside your code repo e.g. in README
  5. Submit your code to Acala Riot Channel with keyword CANDY_CODE

REWARD

Each prize will be at least 1,000 ACA and 60,000 KAR , more can be awarded depends on coolness, significance, usefulness, quality, and other aspects the Acala Engineers may see fit.

The total prize pool is capped at 40,000 ACA and 2,000,000 KAR , and Acala reserves the right to extend it further.

PRIZE GIVING

  1. Please allow 2 weeks upon submission for review.
  2. Prize tokens will be dropped to the address provided inside the code repo submitted.
  3. We may fund the project further where it seems fit :rocket:

B. Prizes for Runtime Bugs

ELIGIBILITY

Help identify bugs in Acala mainly for this repo https://github.com/AcalaNetwork/Acala

Generally, a bug that poses significant vulnerability or causing systemic defects would be eligible.

  1. Submit the bug to Acala Riot Channel with keyword CANDY_RUNTIME_BUG
  2. In the bug report issue, provide as much information as you can, including a description of the bug, its potential impact, steps for reproducing it
  3. Also, include your Acala Mandala Address for prize giving

REWARD

Each prize will be at least 300 ACA and 16,000 KAR , more can be awarded depends on the bug severity level, and other aspects the Acala Engineers may see fit.

The total prize pool is capped at 16,666 ACA and 833,333 KAR , and Acala reserves the right to extend it further.

PRIZE GIVING

  1. Please allow 1 week upon submission for review.
  2. Prize tokens will be dropped to the address provided in bug submission.

C. Prizes for UI Bugs

ELIGIBILITY

Help identify bugs in Acala mainly for this repo https://github.com/AcalaNetwork/honzon-platform

Generally, a bug that poses significant vulnerability or causing systemic defects would be eligible.

  1. Acala Riot Channel with keyword CANDY_UI_BUG
  2. In the bug-report issue include as much information as you can, including a description of the bug, its potential impact, steps for reproducing it
  3. Also, include your Acala Mandala Address for prize giving

REWARD

Each prize will be at least 66 ACA and 3,000 KAR , more can be awarded depends on the bug severity level, and other aspects the Acala Engineers may see fit.

The total prize pool is capped at 2,000 ACA and 100,000 KAR , and Acala reserves the right to extend it further.

PRIZE GIVING

  1. Please allow 1 week upon submission for review.
  2. Prize tokens will be dropped to the address provided in bug submission.

Festival-goers and contributors, have fun, learn & break things, and behold & catch the candies :gift:

*Thanks to our community for helping us avoiding bad names~

Stay Updated with Acala

Website: https://acala.network
Twitter: https://twitter.com/AcalaNetwork
Medium: https://medium.com/acalanetwork
GitHub: https://github.com/AcalaNetwork/Acala
Riot: https://riot.im/app/#/room/#acala:matrix.org
Forum: https://acala.discourse.group/

About Acala

Acala — a first-of-its-kind decentralized finance consortium, with a vision to create cross-chain open finance infrastructure for the Polkadot ecosystem. The Acala Network is a dual-protocol network, with a decentralized cross-chain capable multi-collateralized stablecoin protocol — Honzon, and a trust-less tokenized staking liquidity protocol — Homa. Acala aims to bring stability and liquidity to the crypto world and beyond.

The Acala Stablecoin Project is proudly supported by the Web3 Foundation

About Web3 Foundation

Web3 Foundation funds research and development teams building the stack of technologies that form the basis of the decentralized web. It was established in Zug, Switzerland by Ethereum co-founder and former chief technology officer Dr. Gavin Wood.

For more information on Web3 Foundation, visit web3.foundation.

About Polkadot

Polkadot is the first interoperability protocol that enables blockchain networks of all kinds to work together under the protection of shared security. Applications from decentralized finance and energy to gaming and communications will thrive on Polkadot, forming the basis of digital jurisdictions in Web 3.0. Polkadot is the first project spearheaded by Web3 Foundation.
For more information on Polkadot, visit polkadot.network.