# Incentivized Testnet

Our testnet rewards program focuses on generating meaningful trading activity, building consistent usage, filtering quality participants, collecting valuable feedback, and creating fair token distribution based on actual platform contribution.

**Important:** Program rules, point values, and token allocations may be updated at any time to ensure fairness and program integrity. Significant changes will be announced in advance when possible.

### How to Earn Points

#### Trading Activities

| Activity                        | Points Earned                           | Why It Matters                            |
| ------------------------------- | --------------------------------------- | ----------------------------------------- |
| **Maker Trade** (Limit Orders)  | 1 point                                 | Provides real liquidity to the order book |
| **Taker Trade** (Market Orders) | 0.6 points                              | Generates volume, but makers get priority |
| **Weekly Trading Streak**       | +10% after 3 weeks, +20% after 4+ weeks | Encourages consistent platform usage      |

#### Onboarding & Growth

| Activity                  | Points Earned               | Details                              |
| ------------------------- | --------------------------- | ------------------------------------ |
| **First Deposit + Trade** | 100 points (one-time)       | Welcome bonus for new active users   |
| **Successful Referral**   | 200 points for both parties | Friend must trade ≥$1,000 USD volume |

#### Platform Development

| Activity            | Points Earned    | Requirements                                 |
| ------------------- | ---------------- | -------------------------------------------- |
| **Bug Reports**     | 500-2,000 points | Based on severity (team evaluation)          |
| **Feature Testing** | 250-750 points   | Test new tools like OCO orders when released |

Points are tracked continuously with public updates made available through the [Leaderboard](https://monad.yamata.io/rewards).

### Token Distribution Structure

At Token Generation Event (TGE), testnet points convert to $YMTA tokens according to this allocation:

| Category               | Token Allocation | Recipients                                     |
| ---------------------- | ---------------- | ---------------------------------------------- |
| Trading & Liquidity    | 50%              | All participants, proportional to total points |
| Early Adopters         | 15%              | First month participants get bonus allocation  |
| Referral Program       | 10%              | Based on successful referral points            |
| Bug Reports & Feedback | 10%              | Manual review of valid submissions             |
| Feature Quests         | 10%              | Users who test new platform features           |
| Reserve Pool           | 5%               | Edge cases and market maker incentives         |

**Note:** We apply a square-root curve to prevent whale dominance and ensure fair distribution across all participants.

### Anti-Farming Rules

To maintain program integrity:

1. **Identity Verification** - Wallet, Discord, and Twitter must match at claim time
2. **Volume Caps** - Daily limit of $500,000 USD to prevent wash trading
3. **Cluster Detection** - Same IP/device usage gets flagged for review
4. **Referral Requirements** - Referred users must trade on 3+ different days
5. **Faucet Limits** - Reasonable token distribution to prevent abuse

### Maximizing Your Rewards

#### Priority Actions

* **Trade with Limit Orders** - Maker/Limit orders earn more points than market orders
* **Build Weekly Streaks** - Consistent activity unlocks significant multipliers
* **Quality Referrals** - Invite active traders who will genuinely use the platform
* **Early Feature Adoption** - Test new releases for substantial bonus points
* **Detailed Bug Reports** - Thorough documentation earns higher rewards

#### Tips

* Spread trading activity across multiple weeks rather than concentrated sessions
* Focus on providing liquidity through limit orders when possible
* Document any issues encountered with screenshots and steps to reproduce
* Participate actively when new features launch for quest bonuses

### Support & Updates

* **Leaderboard**: Check current standings in the [Rewards](https://monad.yamata.io/rewards) section of the app
* **Discord**: [Real-time support](https://discord.gg/VdefVAS4JP) and community discussion
* **Announcements**: Follow [@YamataExchange](https://x.com/YamataExchange) for program updates
* **Questions**: Join our [Telegram](https://t.me/yamataexchange) for quick answers

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**Ready to start earning? Head to the** [**testnet**](https://monad.yamata.io) **and make your first trade to claim your 100-point welcome bonus.**