Testnet Challenge Begins: Earn Airdrop Rewards For Participation In Testnet and Bug Bounty

The FILLiquid testnet is officially live, and you now have the opportunity to test the pioneering $FIL lending market for the Filecoin ecosystem.

To incentivize participation, we’ve set aside some $FIG tokens, our governance tokens, to be airdropped to all testers making a contribution to our testing phase. In addition, we have a range of campaigns and bug-bounty programs for you to increase your earnings during our testnet.

Let’s take a look at the rewards on offer for testnet users.

FILLiquid Testnet Already Live: Start Testing and Earn Rewards

FILLiquid testnet is live, allowing you to test our protocol and earn rewards.

FILLiquid is a decentralized borrowing platform that provides interest to $FIL holders who deposit their tokens into the liquidity pool.

Borrowers can borrow $FIL by binding their miners to the protocol for collateral, reducing their financial burdens for acquiring $FIL to pledge to Filecoin for storage power growth.

As a reward for your contribution to FILLiquid, everybody participating in the testnet is entitled to earn airdrop rewards. That means if you connect your wallet to the FILLiquid testnet and undertake some testing of the products, such as depositing $TFIL into the liquidity pool, you’re guaranteed a free airdrop.

The airdrop will be in our governance token, $FIG, which will be distributed to the wallets of all testnet participants.

In addition, there’s also a bug bounty challenge and a newly launched Zealy Campaign to earn additional rewards and provide more reasons to go deeper into FILLiquid.
Let’s take a closer look at the rewards set aside for our bug bounty challenge.

Bug Bounty Challenge: Earn Additional Rewards

FILLIquid invites security researchers and users to participate in the bug bounty program and identify potential vulnerabilities in our protocol to earn additional $FIG rewards.

Rewards are based on the severity of the bug found and distributed according to the following schedule;

• Critical: 500,000 FIG per each verified bug identified
• High: 50,000 FIG per each verified bug identified
• Medium: 10,000 FIG per each verified bug identified
• Low: 1,000 FIG per each verified bug identified

The bug bounty will occur on the FIlliquid web application. It will also include the staking farming and borrowing contracts, with an additional scope of wallet integration and supporting infrastructure. You’re eligible for a bug bounty reward if you find any bugs across these areas.

The critical bugs offer the highest rewards, as they pose the most significant risk to our beloved protocol. Critical bugs include potential vulnerabilities such as contract exploits that might drain reserve funds or produce unaccounted FIG rewards or liquidation mechanism failures.

High-level vulnerabilities include bugs related to wallet integration issues, which could compromise private keys. Further high-level bugs include finding a problem that relates to the ability to manipulate on-chain data to falsely trigger liquidation.

Medium bugs can include UX issues that cause unintended operations or spamming the FILLiquid network to degrade performance.

Finally, low-priority bugs could include typos, broken links, or calculation errors.

If you want to participate, make sure you sign up through the following Google docs to register any vulnerabilities you may find;
https://docs.google.com/forms/d/1GR2eGaU11S11EJ0_XD4ZudanWbcwsOT8grmhZA7cvhI/edit

Be sure to read the following blog post to review the rules and potential restricted activity.

New Zealy Campaign to Further Increase Earnings

There’s also a newly launched Zealy campaign to participate in and earn additional $FIG rewards.

Zealy is a social engagement platform that allows you to earn points for completing quests and tasks related to FILLiquid.

The tasks included involve quests such as joining Discord and following on X. This specific Zealy campaign allows users to go deeper into FILLiquid and earn rewards for completing testnet tasks like lending $FIL and farming $FIG.

The level of $FIG airdrop rewards will depend on the number of XP points accumulated. There are also $FIL rewards for top performers in the campaign.

Overall, we’re incredibly excited to let our community use the FILLiquid testnet and see how many rewards you can earn for participating. Be sure to let us know through the social channels below.