Understand LAVA Network's point activity and testnet interaction tutorial in one article

CN
1 year ago

“The Lava Network plans to provide a reward points system called Magma before the launch of its mainnet in the first half of this year.”

By: Deep Tide TechFlow

2024 is widely regarded as the year of airdrops.

With the recent issuance of coins by Starknet, the market's expectations for airdrop projects continue to rise, and people have begun to seek more opportunities to benefit from these projects.

Lava Network is one of these projects.

On February 15th, Lava Network announced the completion of a $15 million seed round of financing, led by JumpCapital, TRIBE Capital, and Hashkey Capital, and plans to launch its mainnet in the first half of this year.

Of course, before the mainnet goes live, Lava has launched a testnet reward points program called Magma. Although the official statement does not explicitly mention that Magma points can be exchanged for Lava's own tokens in the future, at present, this is the only way for ordinary investors to participate in the network and potentially benefit from the airdrop.

This article will provide an introduction to Lava's business and guide you through participating in this points activity:

What is Lava?

Lava is a modular blockchain built on CosmosSDK, focusing on providing data access. Its core functions include using remote procedure calls (RPCs) and indexing to incentivize public RPCs, enabling scalable interactions across more than 35 chains and aggregations.

The protocol introduces a primitive called "specs," which allows contributors to add support for new chains and data services to the underlying protocol without permission. Data consumers send requests to Lava's data provider network (node operators), who join Lava to meet data demands. Lava creates a dynamic, scalable market around blockchain data services to incentivize node providers and decentralized application users to input market blockchain data into their networks.

How to participate in the points activity?

Participating in LAVA's points activity is very simple and can be summarized as following social media and replacing wallet RPC.

  • First, go to the official website, enter the invitation code (easily found from different KOLs and comment sections on Twitter), and click Proceed.

  • Connect your Keplr wallet and follow their X, and join the Discord community.
  • Click on Dashbord to see your corresponding RPCs for each chain. Currently, there are point incentives for 5 related networks: Near, STRK, ETH, AXELAR, EVMOS.

  • Replace and copy RPC: Taking ETH as an example, open your Keplr wallet, go to network settings, and select custom Ethereum;

Click on Add Network Manually, paste the copied Lava RPC from the official website, and then save:

  • Network Name: Lava Ethereum

  • New RPC URL: The PRC link you copied from the LAVA official website.

  • Chain ID: 1

After completing the above steps, the basic operation is finished. You only need to use this custom ETH network for your daily transactions each week to earn points, without the need for additional operations.

How to participate in the testnet interaction?

In addition to earning points, you can also participate in LAVA's testnet interaction to carry out asset transfers. The specific steps are as follows.

  • Create a Keplr wallet. If you already have a Keplr wallet, you can use the original wallet.

  • Go to the website below and add the LAVA network to your Keplr wallet: https://docs.lavanet.xyz/wallet/#keplr

  • Then, open the chain visibility management in the Keplr wallet and check the LAVA network;

  • Go to the faucet page of this website, choose to go to Discord to get test tokens. After entering the "faucet" channel, type $request and your Lava address from your Keplr wallet: https://docs.lavanet.xyz/faucet/#discord-faucet

  • Go to https://explorer.kjnodes.com/lava-testnet to create an account.

  • After creating an account, go to the Delegate page, select an active test node for staking: https://explorer.kjnodes.com/lava-testnet/staking

  • Then, you can choose to send a certain amount of LAVA to yourself to complete the task of sending assets: https://explorer.kjnodes.com/lava-testnet

The above are all the tutorials for obtaining points and using the testnet. For more rules and reward changes, you can stay updated with the official website and social media of Lava Network.

Official website: https://points.lavanet.xyz/

Twitter: https://twitter.com/lavanetxyz

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