There is a total of $100,000 in CQT to be rewarded. The majority of rewards are reserved for running the Refiner, while a minority will be rewarded to those who participate in the optional bug bounty and written tasks.

Reward Breakdown

Tasks Proportion of Rewards USD CQT*
Run the Refiner 80% $80,000 665,762
Bug Bounty 10% $10,000 83,220
Written Content 10% $10,000 83,220

Market price as of 27/06

*Note: exact CQT per Operator depends on the price of CQT. For determining rewards, a reference price for CQT will be determined at the end of the testnet campaign (based on the average of the previous 7 days’ CQT price).

Some additional notes:

Breakdown Per Task

Running the Refiner

The top 10 participants will be rewarded the minimum stake for running the Refiner on Mainnet. This will be staked WholeCQT. This is to mitigate the risk of a Mainnet winner receiving the minimum stake and not staking.

The remaining CQT, which is not staked WholeCQT, will be distributed among those who achieved an uptime of 80% or more, pro-rated to the uptime.

Top 10 Operators >90% Uptime >80% Uptime
CQT Per Operator for the campaign 35,000 5,971* 4,777*
USD Per Operator** 4,550 776.25 621

Market price as of 27/06

** Note: exact USD per Operator depends on the price of CQT. For determining rewards, a reference price for CQT will be determined at the end of the testnet campaign (based on the average of the previous 7 days’ CQT price).

Bug Bounty

Bug Bounty
Placement is based on the complexity of the bug identified USD CQT*
First Place $3,500 28,530
Second Place $2,500 20,378
Third Place $2,000 16,302
Fourth Place $1,250 10,189
Fifth Place $750 6,113

Market price as of 27/06

*Note: exact CQT per Bug Bounty winner depends on the price of CQT. For determining rewards, a reference price for CQT will be determined at the end of the testnet campaign (based on the average of the previous 7 days’ CQT price).