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.
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:
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 | ||
---|---|---|
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).