Euclid’s Incentivized Testnet: Aurora
You read this right! Euclid is launching its incentivized testnet Aurora.
We invite the community to get involved in testing our platform and provide feedback so we can make our product the best it can be!
On Euclid Protocol’s side, we have ensured a generous allocation of $EUCL tokens to reward Aurora participants for their valuable contributions.
So, what is Aurora all about?
At Euclid, we are building a decentralized unified liquidity layer that will revolutionize Web3 by connecting blockchains, enhancing liquidity, reducing slippage, and providing a seamless trading experience across all blockchain space. By launching Aurora, we aim to gather invaluable feedback from the community to refine and perfect our infrastructure before the mainnet launch.
Aurora is structured into three phases to test various aspects of the product, allowing individuals with diverse skills and interests to participate and earn $EUCL tokens
Phase One: Developers Track
During this phase, the code base for Euclid will be open sourced, and a beta version of the product will be available for testing. Developers can test the product, find bugs, and audit the codebase for exploits.
Also, applications are open for builders who wish to build on top of Euclid or integrate Euclid Protocol into their application. Accepted builders and applications will receive $EUCL allocation to help bootstrap and reward their projects.
Phase Two: Users and Supporters Track
Aurora participants can evaluate interface usability, test functionalities, and stress test the infrastructure. We will also incentivize participants to spread the word about the Euclid Protocol and support our community growth through their social media following or marketing skills. Early supporters will be tracked through NFTs for future rewards.
Phase Three: Chain Wars
One of the most exciting concepts that Euclid is working on is Chain Wars. As Euclid integrates various blockchains, this phase will feature a competition between them. We will track on-chain activity with a real-time leaderboard and distribute rewards based on different metrics, such as volume and TVL generated on the Euclid infrastructure. At the end of the phase, $EUCL will be distributed according to the amount of points each chain has earned. These rewards will go to the chain’s core team or treasury and can be used to incentivize pools or airdrops to stakers.
Such an approach allows Euclid to engage directly with users on multiple chains and effectively reward the chains with users that adopt the Euclid liquidity layer.
Aurora Launch Date and Plans
Although nothing is definitely finalized as of yet, Euclid aims to launch Aurora in the next few weeks with more details coming out shortly!
Euclid’s testnet will run for 15–20 weeks with an emphasis on each phase every 4 weeks.
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