Nibiru Chain is a Layer 1 blockchain within the Cosmos ecosystem, implementing Cosmos WebAssembly smart contracts for increased scalability and security. The network is powered by the native $NIBI token, serving as a primary layer of security.
Recently, Nibiru Chain posted its early-stage tokenomics for sale on CoinList, allocating over 1.25% of the total supply of $NIBI for an airdrop for Incentivized Testnet participants.
Although Nibiru Chain hasn't announced an $NBI airdrop for testnet participants, it has released early-stage tokenomics on a CoinList public sale page. It plans to allocate 9.3% (approximately 18M $NIBI) of the tokens supply at launch for the top 1000 participants of the Nibiru Incentivized Testnet (NIT).
To participate in Nibiru testnet, users need to fill an application form and complete tasks of various difficulties through the four phases of NIT. They also need to download any Leap or Keplr wallets and add the Nibiru Chain test network. Here are the steps you will need to complete in order to maximize your chances of receiving the token Nibiru airdrop:
In Phase 2 of the Nibiru Incentivized Testnet, you will learn to deploy smart contracts and execute transactions. The main steps in the testnet include:
During phase 3 of NIT, you will be engaging with Nibiru Chain dApps - Nibi-swap and Nibi-perps. In phase 3, ITN users complete two main steps, each valued at 150 testnet points.
In the final phase of the Nibiru Incentivized Testnet, you will compete with other users in a trading tournament on Nibi-perp. If you haven't participated in the Nibiru testnet, fill out the application to join. The top 1000 users with the highest profit and loss (P&L) will be rewarded with testnet points, ranging from 400 to 4800.
Download Leap or Keplr wallet;
Add a Nibiru Chain testnet network in your wallet;
Fill an application to join Nibiru Incentivized Testnet;
Complete the tasks described in “How to join block”;
Participate in trading tournament on Nibi-perps (4th stage of testnet);
Track your position in a trading tournament, using leaderboard.