The first open beta of Germchain on September 1st!

GERM
3 min readAug 13, 2021

It’s been a long time since the GERM team preparing for the project development and ecosystem building. We’re now eager to share our progress with you. As the technologies has successfully been finalized, audited, and ICO is on the period of distribution, we are currently finalizing our next steps with open beta which will be pivotal to the success of our network.The first open beta of Germchain is about to launch on September 1st!

In this round of public test, Germchain will organize alliance mining activities with various ecological projects, support people to participate in alliance mining with various testing network tokens, and obtain the benefits of Germchain testing network tokens (GERM).

In addition, we will officially launch the invitation mechanism. The more people invited to engage in Germchain mining, the greater the rewards. Once the mainnet is online, Germchain will airdrop mainnet tokens to alliance mining participants holding testnet tokens.

The open test rules are as follows:

Alliance mining:

Users will be able to collect GERM test tokens from Germchain’s pools and other pooled mining projects. After the launch of the main network, users will divide a total of 4,500,000 GERM test tokens according to the number of GERM test tokens held in proportion.

Obtain GERM test tokens in Germchain:

1.In Germchain, pledge the tokens of each alliance mining project to participate in GERM mining and obtain GERMs.

2.Pledge GERM, participate in GERM mining, and obtain GERMs test tokens.

3.After the mainnet goes online, airdrop GERM mainnet tokens to holders of GERM test tokens in proportion to obtain GERM test tokens in other alliance mining projects.

4.Pledge the tokens of each project in the corresponding mining pool of the alliance mining project to obtain GERM test tokens.

5.After the mainnet goes online, airdrop GERM mainnet tokens in proportion to the holders of GERM test tokens.

Invitation rules:

1.Contact the Telegram administrator to collect the Germchain invitation code

2.Invite friends to provide liquidity to GERM-USDT LP in Germchain Boardroom, and inviter will receive 2% of Germchain seigniorage

3.After the mainnet goes online, 500 GERM rewards are divided according to the mobility ranking introduced by the inviters.

Notes:

  1. Participants need to join and follow Germchain on Telegram and Twitter.

2. Need to fill out the form to join whitelist, after the main online and receive activities awards.(ask from admin)

3. The token contract address of the first open beta is different from the token contract address buying

4.We will airdrop GERM mainnet tokens in batches to the first round of public test whitelist users who meet the requirements after mainnet goes online.

If you are participating in Germchain for the first time and want to know how to participate in Germchain project, obtain GERM, please join our Telegram and consulte administrator.

🌈Email: support@germchain.io team@germchain.io

🌈Official Website: germchain.io ( Buy token entrance)

🌈Twitter: https://twitter.com/Germchain

🌈Telegram: https://t.me/germchain

Thanks!

Germchain team

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GERM

GERM is a blockchain-based liquidity hub that connects liquidity from a wide range of sources to power instant and secure crypto exchange in any decentralized