Ronin Network has launched a $RON staking tutorial contest. This update comes after the release of a Validators Guide. After onboarding new node operators, Axie Infinity’s native blockchain launched a staking program. Users can participate by locking their tokens under a smart contract and earning rewards. The team is launching this competition to encourage further participation.
Details of the Ronin Network $RON Staking Tutorial Contest
The Ronin Network $RON Staking Tutorial Contest goes live on the 18th of April. Interested contestants must submit their entries before 9:00 PM on Monday the 1st of May. Participants are encouraged to display their creativity in promoting the new consensus mechanism of this blockchain. The team is setting aside a 2,000 $RON prize pool for this event.
Ronin understands that it can be hard for the average person to comprehend web3 as a technology. In this regard, they are asking creative people who understand how it works to explain it in much simpler ways. Those participating will be creating educational content around the following topics:
- Delegated Proof of Stake
- The $RON token
- Becoming a Validator
- Staking of $RON
- Choosing a Validator to stake with
- Transferring $RON from one wallet to another.
The best ten entries will earn $RON as a reward. Below is a breakdown of the different prizes:
- 1st position: 1000 $RON
- 2nd position: 400 $RON
- 3rd position: 300 $RON
- 4th position: 200 $RON
- 5th to 10th positions: 100 $RON each
Rules and Regulations
While announcing the competition, Ronin also highlighted the guidelines that contestants must follow. The entry must be a horizontal video of 1920 by 1080 dimensions. In addition, the video must not be shorter than one minute or longer than eight minutes. After creating your video, upload it on two of the following social media channels:
- YouTube
- TikTok
After posting your content, copy the link and use it in filling out this application form. Failure to follow all these steps will invalidate your entry. Axie Infinity, QU3ST, and some esteemed creators will be the judges determining the results. In addition, anyone who participates in this competition grants Sky Mavis the right to use their work for digital and physical promotions.