Announcement: Atom Accelerator Race Updates
Dear Community Members,
The Atom Accelerator Race is approaching its final stages, and we want to thank everyone who has wholeheartedly supported, participated in, and completed the tasks up to this point.
However, we have some important updates regarding the Atom Accelerator Race:
On-chain Interaction Race Ends Early
Due to significant abuse activity detection and mainnet preparation, the On-chain Interaction Race will end earlier than planned. It will end on June 14, 23:59 (EST).
CP Acceleration Program Extended
The CP Acceleration Program has been extended to July 15, 23:59 (EST). This extension is necessary due to the recent release of the Computing Provider (CP) code update, version 0.5.0, which requires additional testing time.
All Computing Providers, please note that not all CPs have updated their code. Kindly update it as soon as possible. You can find the latest release at: Computing Provider v0.5.0.
Check the status of your CP here: https://orchestrator.swanchain.io/provider-status
Redistribution of On-chain Interaction Race Rewards
The reward pool for the On-chain Interaction Race, totaling 1,500,000 SWAN Credits, will be divided based on the duration of the event:
- 3/4 of the rewards will be allocated to participants from April 29, 00:00 (EST) to June 14, 2024, 23:59 (EST).
- 1/4 will be transferred to the extended CP Acceleration Program.
As a result, the CP Acceleration Program will now have a total of 7.125 million Credits (6.75 million original credits + 0.375 million credits from the On-chain Interaction Race).
Preparation for Mainnet
We are excited to announce that we are making significant progress towards the launch of our mainnet. As part of this preparation, the testnet phase, including the On-chain Interaction Race, will be concluding earlier than initially planned. This early closure is essential to allocate more time and resources to ensure a smooth and successful mainnet launch.
Our team is working diligently to finalize all necessary components, conduct extensive testing, and address any remaining issues to deliver a robust and reliable mainnet experience. This transition marks a pivotal moment for our project, and we appreciate your understanding and support during this critical phase.
Looking Ahead
If you’ve missed the On-chain Interaction, don’t worry! You can join other events in the Atom Accelerate Race campaign: Computing Provider Acceleration Program, Builder Acceleration Program, Community Engagement Challenge. Stay tuned to our blog and subscribe to our social channels for the latest updates on our ecosystem.
Thank you for your understanding and continued support as we work to create a fair and transparent testing environment for all participants. Together, we can build a fair future for all through the widespread adoption of AI in Web3!
Best regards,
The Atom Accelerator Team
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5 FAQs
Q1: What is the Atom Accelerator Race?
The Atom Accelerator Race is a big event designed to launch the Proxima Testnet and transition to the mainnet, helping the Swan Chain ecosystem grow.
Q2: Why does the on-chain interaction end early?
The race is ending early because we’re preparing for new plans and the mainnet launch of Swan Chain. So, the testnet phase will finish sooner than expected.
Q3: When will the Mainnet Campaign be announced?
We are getting ready for the Mainnet Campaign, and we will announce the date soon on our social media. Please stay tuned for updates.
Q4: When will the winner list of the Atom Accelerator Race be announced?
The winner list will be announced within 15 working days after the Testnet Program ends. You might need to provide more information or documents when claiming your reward, as per laws and regulations.
Q5: How can credits be earned and used within the Swan ecosystem?
Credits are earned by joining various campaign events. They can be used to claim SWAN rewards after the Token Generation Event (TGE) or to get an advantage in future campaigns.
Website: https://www.swanchain.io
Twitter: https://twitter.com/swan_chain
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LinkedIn: https://www.linkedin.com/company/swancloud
