Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Dyakoff on June 10, 2024, 11:47:46 AM
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I'm currently participating in the Prom Testnet Campaign, and I would like to tell you about it.
Prom Network operates as a DAO with 3 major roles: Members, Delegates and Validators.
Basic Member role allows you to take part in governance and voting. But Delegate role will allow you to accumulate delegated tokens from fellow members increasing the value of your vote, and will make you entitled to a share of network profits. Delegates will share 30% of network profits!
To qualify for these profits, Delegates must participate in community governance using a prize pool of 1 million $PROM tokens, which are locked and can only be used for voting.
And anyone can become a Delegate, because currently the Testnet Campaing is running, and those who rank the highest amount of points will receive the role!
Doing the Delegate Campaign requires typical testnet activities like claiming test $PROM from the faucet, making transactions, and minting NFTs and tokens. The best part is that you don't need to spend your real tokens on gas since everything is done on the testnet.
I anticipate earning at least $1.5k in my first year as a Prom Delegate. However, I need to secure my position quickly, as the mainnet launch is imminent.
There is also a Validator's Campaign for the DAO role of Validator. It runs on Zealy and requires a lot of daily Twitter posting. Recently, it has branched into a Prom Sprint with a number of tasks that have a prize pool of $10k. But I will tell you more about it a bit later, since it is a huge campaign that requires a post of its own.
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In case you are interested in this thrilling journey of becoming a Delegate in the Prom Network, here is a short guide of what tasks will be expected of you on a daily basis.
Let's explore the first set: the core tasks. These form the foundation of your path to becoming a Delegate. They encompass various activities designed to gauge your involvement and impact within the #prom network.
Wondering how to track progress and manage daily tasks? Fear not! The official dashboard, found on the prom.io website, serves as your guide. It offers a comprehensive overview of available activities, their point values, and daily quotas.
Whether you're engaging in strategic games, executing network transactions, or pondering PROM's potential, the dashboard is your tool for tracking progress. Here's a breakdown of the tasks:
Activity 1 — Transactions: Complete 5 transactions daily for 5 points each.
Activity 2 — Transaction volume: Achieve at least 10 $PROM worth of transactions daily for maximum points. Consider inviting a friend to claim $PROM from the faucet, then exchange tokens to increase transaction volume.
Activity 3 — Active days: Earn 20 points daily for simply being active.
Activity 4 — Gas spent: Score 15 points by spending over 120K of gas, which aligns with other activities.
Activity 5 — Faucet: Claim tokens every 10 hours for 2.5 points per claim.
Activity 6 — Unique interactions: Engage in diverse activities like sending $PROM, minting NFTs, or playing the Button Game for increased points.
Consistently completing these tasks positions you as a potential future Delegate.