- Crypto Pragmatist by M6 Labs
- Posts
- Spend Your Time On THESE Testnets In 2024; Guide To Incentivised Testnets⚙️
Spend Your Time On THESE Testnets In 2024; Guide To Incentivised Testnets⚙️
Incentivised Testnets Are The Next Big Thing. From Points to Tokens to Riches, It All Starts On Testnet
2024 is the year when many web3 projects are supposed to last launch due to the looming bull run. Currently, many projects are in the testnet stage. Incentivized testnets can be an easy and great way to qualify for multiple airdrops. In this article, we’ll explore the best testnets of 2024 to participate in.
What Are Incentivized Testnets?
Incentivized testnets are test networks where participants are rewarded with tokens or other incentives for actively engaging in testing, validating, and providing feedback on the functionality, security, and performance of a blockchain or cryptocurrency project. These incentives motivate users to participate and contribute to the development and improvement of the network before its mainnet launch.
Participation in incentivized testnets has attracted huge airdrop rewards in the past. Projects like Binance Smart Chain and Aptos rewarded their testnet participants with huge airdrops. Many other projects in their testnet phase have confirmed token allocations for testnet users.
The best incentivized testnets to take part in are:
1.Berachain
Berachain is a Tendermint-based EVM-compatible Layer 1 blockchain that powered by a Proof of Liquidity consensus model.
Berachain employs a tri-token model which includes:
🐻 $BERA: A native token for paying transaction fees
🐝 $BGT: A governance token to drive liquidity supply from users
🍯 $HONEY: A native Stablecoin
Berachain has raised a total of $42M and is backed by some huge VCs, including Polychain Capital. Berachain’s public testnet was launched in January 2024 and is currently ongoing.
Testnet Guide
a) Add Berachain testnet to your Metamask using the following credentials:
Network: Berachain Artio
RPC URL: https://artio.rpc.berachain.com/
Chain ID: 80085
Currency symbol: BERA
Block explorer URL: https://artio.beratrail.io/
b) Claim testnet tokens
Go to Berachain faucet
Enter your wallet address
Click on the "Drip tokens"
You’ll need to claim tokens a few times
c) Swap
Go to BEX page
Connect wallet
Swap $BERA to $stgUSDC
d) Swap
Go to BEX page
Connect wallet
Swap $stgUSDC to $HONEY
e) Pool
Go to BEX webpage
Connect wallet
Add liquidity to a pool
f) Trade
Go to Berachain perpetuals
Connect wallet
Open any long or short trade
g) Galxe
Go to Berachain Galxe page
Log in with your wallet
Complete social tasks
Take the quiz (Answers: C D D D A )
2. X1 Network(OKX)
X1 is a ZK-powered layer 2 that connects the OKX and Ethereum communities. X1 is developed using the Polygon SDK. The mainnet launch is scheduled for Q1 2024. Most likely, the listing will take place on many top CEXs, including OKX. Binance did huge airdrops for Binance Smart Chain, and OKX is likely to follow the trend.
Testnet Guide
a) Add X1 & Sepolia networks to Metamask
Go to Chainlist X1 Testnet
Connect your wallet
Add X1 Testnet network
b) Mint $OKB testnet tokens
Go to OKX faucet
Connect your wallet
Mint OKB test tokens on Sepolia network
Get OKB from X1 testnet
c) Get some testnet ETH from Sepolia faucet
Go to Alchemy Sepolia faucet
Paste wallet address
Request testnet tokens
d) Bridge ETH
Go to OKX Bridge
Bridge test tokens from Sepolia to X1
Bridge test tokens from X1 to Sepolia
e) Galxe Quests
Go to Galxe OKX page
Connect your wallet
Claim OATs
3. Axiom
Axiom is a protocol that allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain. Axiom provides a secure and efficient way to access Ethereum’s historical data without additional trust assumptions in smart contract applications.
Axiom recently raised $20 million in a Series A funding round led by Standard Crypto and Paradigm.
Testnet Guide
a) Add Sepolia network to Metamask and Claim testnet ETH
Go to Alchemy Sepolia faucet
Paste your wallet address
Claim testnet ETH
b) Axiom
Go to repl.axiom.xyz
Connect your wallet
Click on "Test circuit"
Click on "Generate keys"
c) Complete steps
Stay on repl.axiom.xyz
Click on "Generate proof"
Click on "Send Axiom query"
Confirm transaction
d) Axiom log
Stay on repl.axiom.xyz
Check the left Log
If there are no error alerts, then everything is good.
4. Metis
Metis is a layer 2 network built on Ethereum to reduce gas fees and improve scalability. Metis raised $6M from OKX Ventures and others.
Testnet Guide
a) Add Metis to Metamask
Go to Metis testnet
Connect wallet
Add Metis network
b) Claim testnet tokens
Go to Metis testnet
Connect your wallet
Claim Test Tokens
Another option is to request $METIS test tokens via TG BOT
c) Interact with Enki
Go to ENKI testnet
Connect wallet
Mint & Stake.
Swap $seMETIS for $eMETIS
Mint & Stake
Claim rewards
d) Claim ENKI
Go to ENKI faucet
Enter the wallet number
Select token $ENKI
Click Drip
e) Stake ENKI
Go to ENKI staking page
Connect wallet
Select $ENKI
Select the number of tokens
Stake
5. Pryzm
Pryzm is a Cosmos-based protocol that pioneers a layer 1 blockchain solely focused on tokenizing and exchanging future yield. Their ambitious roadmap aims to revolutionize multiple sectors, including LSDs, yield tokenization, proof of liquidity and liquid governance.
Pryzm has announced that it will airdrop 20% of the supply (200m tokens) to the community this year. Snapshot is taken every week
Testnet Guide
a) Install Keplr Wallet
Go to keplr.app
Click “Download” and install the Keplr browser extension
Set up a new wallet
Add the Pryzm network directly from the “Add More Chain” section
b) Claim testnet $PRYZM
Connect your Keplr wallet
Click “Request Tokens”
Repeat to get more tokens
c) Swap
Go to testnet.pryzm.zone/swap and swap test tokens.
More swaps = more points.
d) Add liquidity
Go to testnet.pryzm.zone/pools
Provide liquidity and earn points
e) Liquidity bonding
Bond your tokens for yield
f) Pulsetrade
Schedule future token trades
g) Flowtrade
Set up recurring/DCA trades
h) Staking
Go to testnet.pryzm.zone/gov
Stake $PRYZM and participate in governance
6. Taiko
Taiko is a decentralized protocol utilizing ZK-Rollup technology to scale Ethereum's capabilities while closely mirroring its technical and non-technical aspects. It achieves this through a layer-2 architecture that is decentralized, permissionless, and secure, supporting all ZK-EVM opcodes.
Taiko has secured $22m in funding from leading venture capitalists, including Sequoia and GSR.
Testnet Guide
a) Add Taiko and Sepolia networks to your Metamask
Go to Chainlist
Connect your wallet and add both Taiko and Sepolia networks
b) Claim testnet tokens (Holesky ETH)
Go to Holesky Faucet
Log in
Enter your wallet address
Claim $ETH
c) Claim Testnet Tokens (Holesky HORSE
Go to Taiko faucet
Copy and paste your wallet into the tab
Confirm
d) Bridge
Go to Katla bridge
Connect wallet
Bridge $ETH to Taiko Katla
e) Swap
Go to Taiko swap page
Connect your wallet in Taiko Network
Swap ETH to Horse
Swap ETH to USDC
f) Liquidity pool
Go to Taiko pools
Click on the "New Position" button
Select (ETH-USDC) pair and choose 0.05% Full Range rater
Enter providing amount
Approve USDC and add liquidity
d) Gaming task
Go to Crypto Rumble
Connect wallet
Mint hero
Play 3 different games
Choose a different boss each time
Set the game to AutoBattle mode and just wait
e) Galxe quests
Go to Taiko Galxe page
Connect wallet
Complete simple tasks
Answers for quiz C - A - C - D - C
7. Fuel
Fuel network is building the fastest modular execution layer for the modular blockchain stack. Fuel will use Celestia’s data availability layer to deliver the security and scalability together with a seamless experience for developers. Fuel raised $81,5М from Blockchain Capital, Spartan, and other VCs.
Testnet Guide
a) Fuel wallet
Go to Fuel Wallet
Back up your recovery phrase.
Choose a password
b) Sepolia network
Connect your wallet and add Sepolia network
c) Request testnet tokens
Go to Fuel Network faucet
Request testnet tokens
d) Request Sepolia ETH
Go to Sepolia faucet
Signup or Login
Paste Metamask Address & Claim
e) Bridge
Go to Fuel bridge
Connect MetaMask & Fuel Wallet
Enter ETH amount & Deposit
f) Fuel Art
Go to Fuel art
Connect Wallet & Sign In
Mint an NFT
Create your own NFT
g) Ecosystem
Go to Fuel Network ecosystem
Try out the Dapps.
h) Guild & Discord
Join Guild
Join Discord
Other Incentivized Testnets
Other testnets not highlighted in this article are:
Mind
Espresso
Avail
Nibiru
Lava Network
Nulink
Kinto
Reply