While there are still some nuances yet-to-be-announced, the rewards structure of the Golden Age Testnet has been finalized internally. It has already been announced that Golden Age Testnet rewards will be based on the amount of Testnet Quai and Qi tokens that miners, users, and developers are able to accumulate over the course of the Testnet, with the goal of simulating a real economy within a valueless Testnet environment.
How can I get involved in the Golden Age Testnet?
How can I get involved in the Golden Age Testnet?
Mining: Spin up your GPUs and mine on Quai Network. You can choose between mining Quai or Qi based on your strategy. Start Mining Now.
Developing: Build smart contracts and dApps using EVM-compatible tools. Test out Quai’s scalable infrastructure and unique features, and drive activity to earn Testnet tokens. Start Developing Now.
Trading: Use the faucet to get Testnet Quai tokens and trade QRC-20 tokens or NFTs within the ecosystem.
Arbitraging Quai <> Qi: Quai’s energy-based dual-token system opens arbitrage opportunities for both miners and users to grow their Testnet holdings.
Social Sharing & Challenges: Participate in social media challenges, engaging with Quai’s Twitter posts and Discord community to earn even more rewards. Keep an eye on evergreen and weekly challenges for your chance to unlock Testnet tokens.
What is this wallet that holds so much Quai?
What is this wallet that holds so much Quai?
That is the faucet wallet address: 0x0016c1AD78818D97d27FF41cA8F32eE99119d9C4
This is not included in the final distribution for Golden Age to Mainnet rewards.
How are the rewards calculated?
How are the rewards calculated?
Rewards are calculated from a combination of social media rewards, Galxe leaderboards, and previous testnet incentives.
What token will I receive from the claim?
What token will I receive from the claim?
All claims will be paid in Quai in the genesis block of the network during the TGE event.
When will I receive my tokens after completing the claim?
When will I receive my tokens after completing the claim?
You will receive your tokens in the genesis block of the network during the TGE event. There will be a lock up period for all tokens before transactions can be sent on the network.
How long do I have to claim my tokens?
How long do I have to claim my tokens?
Claims window will most likely be open until 2 weeks before mainnet. No date currently on when Mainnet will be going live.
Are there any fees associated with claiming my tokens?
Are there any fees associated with claiming my tokens?
Yes. All users who are eligible to claim will need to pay $9 before they complete their KYC. Users can pay in ETH at the provided addresses in the Claims portal.
Why do we need to KYC?
Why do we need to KYC?
To ensure we are compliant with regulations for issuing tokens, along with having KYC act as an anti-sybil mechanism to ensure tokens go to active users.
What do I need to complete KYC?
What do I need to complete KYC?
$9 in ETH to pay for KYC process
A valid passport (preferred) and National ID are accepted for all levels of KYC.
A device to capture liveness to prove you are a real person
Why is there a $9 fee for the KYC verification process?
Why is there a $9 fee for the KYC verification process?
We're committed to creating a safe and fair experience for everyone in our community. We want to stop spam, bots, and fake accounts, as well as to cover the administrative costs of verifying user identity, there is a small $9 fee. With this in place as an anti-sybil mechanism, we can ensure a high level of trust and security across the platform, so everyone can participate confidently. We understand this may be a concern for some, and we’re here to help answer any questions or provide support if needed.
What happens to unclaimed accounts/tokens?
What happens to unclaimed accounts/tokens?
Unclaimed tokens will be repurposed to build out the Quai ecosystem and the community.
What if we are in a OFAC restricted region?
What if we are in a OFAC restricted region?
If you live in an OFAC restricted region, you will not be able to claim. Please view the latest OFAC Countries list for restricted regions.
Is there any age restrictions for participating in the token claim?
Is there any age restrictions for participating in the token claim?
Users must be 18 years or older to claim.
Why did I fail KYC and what can I do?
Why did I fail KYC and what can I do?
If your KYC failed, you will be ineligible to claim tokens.
Reasons you may have failed.
Document is expired
Document is from a banned region
Document picture is blurry or unreadable
You failed the liveness check
What is the faucet wallet address?
What is the faucet wallet address?
0x0016c1AD78818D97d27FF41cA8F32eE99119d9C4
This is not included in the final distribution for Golden Age to Mainnet rewards.
What about tokens I accumulated during Iron Age (not Golden Age)?
What about tokens I accumulated during Iron Age (not Golden Age)?
You will be able to claim tokens from each of the previous testnets, including stone, bronze and iron age testnets. Stone age and Bronze age rewards are already linked to your Discord authentication. For Iron age rewards, you will need to download the old version of Pelagus and sign transactions with the addresses you mined Quai with.
Which wallets are supported by the token claim?
Which wallets are supported by the token claim?
Pelagus will be the only wallet supported in the claims page.
Can I use my hardware wallet like Ledger or Trezor to receive my tokens?
Can I use my hardware wallet like Ledger or Trezor to receive my tokens?
Currently there is not a Ledger or Trezor integration with the Quai Network.
How does the KYC fee help prevent sybil attacks and ensure network security?
How does the KYC fee help prevent sybil attacks and ensure network security?
By having users pay a small fee for KYC, we will reduce the number of fake KYC checks and incentivize users to follow the rules set out by the claims process. This in turn will reduce the cost of us verifying our users while staying compliant with all regulatory requirements.
The $9 KYC fee vary based on my country or region?
The $9 KYC fee vary based on my country or region?
The fee will be the equivalent of $9 USD.