Solrise DAWN is the first official Solrise testnet competition, taking place on the Solana devnet. We’re giving away 5 million SLRS to Managers and Investors who participate!
Reporting bugs will probably result in SLRS airdrops.
Be as incredibly attractive and likeable as we know you are
Double your chances of winning SLRS by participating in both phases
Obscene/racist/etc fund or twitter names and descriptions will result in disqualification.
Exploiting bugs you find will probably result in disqualification.
Use more than one account per person - if this happens we may disqualify accounts we detect.
DAWN will be a competition run on the Solana Devnet. The basic rules of the competition are pretty simple: whoever gets the highest returns wins. There are two overlapping competition tracks - one for fund Managers, and one for Investors.
Each user can create a single fund for the competition with starting capital of $50k USDC. The objective is to maximise return on the fund during the two weeks of the competition through a combination of clever asset selection and well-timed swaps. The fund Manager ranking is based entirely on performance using this initial $50k.
Each user also gets $10k to simulate “investing” in Solrise funds during the competition. Users can invest in up to 3 Solrise funds at a time, and are free to exit and enter funds throughout the duration of the competition. The winners of the Investor ranking will be those who get the highest returns on their initial 10k by the end of the competition.
A leaderboard will show the top 1000 Managers and top 5000 Investors throughout the duration of the competition.
Because DAWN will take place on the Solana Devnet, we won’t be using real tokens or integrations - a built-in swap service will be provided, with prices based on an Oracle feed of Coingecko prices. Basic automation features - that is, limit orders - will be provided to fund managers.
We’ll be opening signups for the competition a day or two before it actually begins. All you’ll need to do up front is make sure you have a Twitter account to link to your Solrise Profile for verification.
You can start posting in the meme contest right now, though. See the meme contest FAQ section
We'll also be running a DAWN meme competition in advance of and alongside DAWN. All memes posted on twitter using the tag #SolriseDAWN will be considered, whether they be images, videos, songs, or whatever. You'll need to link the twitter account that posted the meme to a Solrise DAWN account when DAWN starts in order to receive rewards.
Rewards will be based on the number of Twitter likes and retweets - 1 RT equals 5 likes. Also, 5 lucky winners will be picked by the Solrise team on a completely arbitrary basis to receive 10,000 SLRS each.
Any memes asking for, or referring to, "OG status", will be disqualified
We reserve the right to disqualify any participant for any reason whatsoever. Prize distribution will require a linked DAWN account and wallet.
The $250k prize pool will be split 60/40 between the Manager and Investor competitions. Prizes will be given to the top 1000 Managers, and top 5000 Investors. See the prize details above!
The top performing 100 fund Managers in the competition will also get a Solrise DAWN NFT that can, when Solrise Mainnet launches, be locked to a fund Managers profile in order to add a “DAWN” badge to all of their funds and be immediately recognized as an OG manager.
The top-performing 100 fund managers in the competition will receive an exclusive DAWN badge NFT. DAWN NFTs will be used on the Solrise mainnet to add a visible DAWN badge to a user's profile and all of their funds.
We'll release other badge NFTs in future, but this DAWN NFT will never be minted again.
50% of the rewards will be available shortly before our token goes live, and the other 50% will be available at Mainnet launch. An announcement will be made when the tokens are available to claim.
Obscene/racist/etc fund names and descriptions will result in disqualification.
Exploiting bugs you find will probably result in disqualification. Reporting them will probably result in SLRS.
One fund per person, one investor account per person, using multiple accounts will result in disqualification.
We reserve the right to disqualify anyone for any reason.