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The Akashian Challenge Phase 1: Cygni Release Announcement

by Maly Ly

Insight

banner image for the post The Akashian Challenge Phase 1: Cygni Release Announcement

Quick facts about The Akashian Challenge Incentivized Testnet:

  • 211 Teams
  • 99 Active Validators (for 64 spots at Mainnet)
  • #2 Largest Testnet in the Cosmos Hub (after Game of Stakes)
  • #2 Largest Testnet after Ethereum 2.0

Earlier this week, we conducted a testnet reboot to Centauri 2 and resolved upgrade module issues in the last version of our testnet. We appreciate the feedback and participation of Akashians to help us build a stronger Mainnet.

Today, we announce Cygni, the fourth and final release in Phase 1 of The Akashian Challenge. With 3,000,000 AKT in rewards, Supermini prizes, and 64 validator spots for Mainnet, the stakes are even higher going into Phase 2.

The goal of Cygni release is to ensure frictionless upgrades, and to identify and correct coordination gaps. The release will include updates to params and staking to reduce the voting power centralization of genesis validator(s).  The Cygni Network Upgrade proposal goes live for voting Friday May 29th at 1600 UTC.

Please be sure to check the schedule and details below before voting.

Connect with us on our Telegram, or our Riot dev chat, and visit The Akashian Challenge website for more information.

Go forth Akashians!

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Cygni Release

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Cygni, the fourth and final release of The Akashian Challenge: Phase 1, launches on Friday May 29th at 1600 UTC with the proposal to upgrade the network to Cygni release. Akashian Challengers will have until Sunday May 31st 1600 UTC to vote on the proposal.

Please note that the release updates (changelog) and proposal details are critical—review the information before casting your vote. If the community votes in favor of the proposal, Cygni Network Upgrade will occur on June 1st, 2020 1600 UTC.

Cygni Network Upgrade will use the updated testnet centauri-2 chain. If you have not upgraded your node to Centauri 2, please follow these instructions to do so.

You can view more details tomorrow on the Cygni release changelog.

Cygni Rewards

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***The Cygni Network Upgrade reward is only for on-time upgrade. The validators who are online at upgrade will receive the rewards.***

In case of a failed upgrade, the reward will be distributed to validators who are part of making the chain (skip-upgrade). There are a total of 250 AKT rewards for completion of Cygni.

Cygni Voting

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All validators and delegators will have 48 hours to cast their votes on the proposal

  • The voting starts on Friday, May 29th, 2020 1600 UTC
  • The voting closes on Sunday, May 31st, 2020 1600 UTC.
  • Instructions to vote for the proposal will be here.

There are a total of 250 AKT rewards for completion of Cygni.

Track Our Progress with Block Explorers

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Check out the following block explorers to track our progress:

For those who want to integrate their wallets, staking dashboards, or any other tools with Akash, we have the open RPC and LCD available.

The Akashian Challenge Rewards

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Visit The Akashian Challenge website for a detailed schedule of rewards. A total of 3 million AKT (3% of total AKT supply) is allocated for rewards that include:

  1. 64 Finalist Rewards
  2. One-Off Challenges
  3. Phase Completion
  4. Top 5, 10, 20 Finalists
  5. Bi-Weekly Winners
  6. Bonus Challenges

Get the Latest Updates

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Join our Telegram for the latest announcements and news. *Please ensure you create a username and adjust your privacy settings to access our Telegram group.

Join our Riot dev chat for The Akashian Challenge support and information.

Get Started Now

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