Update: As of April 23, the testnet phase of our campaign has concluded on Symbiotic. Testnet vaults are now closed. Please see this blog post for more information on participating in the mainnet phase of our campaign on Symbiotic.
Last week, we began our “Hello, New World” campaign to celebrate Omni’s first SolverNet integration with Symbiotic – the fastest-growing restaking protocol with over $1 billion TVL.
To accelerate adoption of Symbiotic and future applications built on SolverNet, the Omni Foundation is launching a $10 million rewards program for early users.
SolverNet was created to make using crypto apps feel effortless—no more bridging, no more delays, no more friction. This incentive program, which now includes Cygnus, is our way of showing how intuitive the onchain experience can be when complexity disappears.
How Do I Participate?
Users who transact through SolverNet-enabled apps — starting with Symbiotic and Cygnus — will be eligible to earn a share of the $10 million in rewards.
Symbiotic
You can begin earning today by using Symbiotic’s SolverNet-powered wstETH vault on testnet. To get started, add Base Sepolia as a custom network in your wallet with these settings:
Once you have added Base Sepolia as a custom network in your wallet, follow these steps:
- Head to the Omni Base Sepolia Faucet. Enter your address and request testnet ETH and wstETH on Base Sepolia.
- Navigate to the wstETH vault on Symbiotic’s testnet interface, powered by Omni.
- Connect your wallet. Under the “Deposit” tab, enter the amount of wstETH that you’d like to deposit and click “Deposit from Base”. Note: the maximum deposit amount on testnet is 1 wstETH in a single transaction.
- Finalize your deposit with the pop ups that appear and click “Done”.
At this time, all users are eligible, whether you deposit on Symbiotic’s testnet or after SolverNet’s impending launch on Symbiotic mainnet. If you’ve already deposited from Base with SolverNet since our April 15 launch, you automatically qualify for these rewards and the transactions you’ve conducted up to this point are factored into the incentive program. You can also still conduct more transactions to earn a bigger share of the rewards pool.
Cygnus
To participate in the rewards program on Cygnus:
- Head to https://app.cygnus.finance/base/usdc/mint and connect your wallet.
- Select the network from which you’d like to deposit USDC by clicking on the dropdown menu in the UI.
0:00 /0:05 1×
- Enter the amount of USDC you’d like to deposit and click “Approve”. You’ll be asked to confirm the transaction before it is finalized.
When Symbiotic, Cygnus, and other SolverNet integrated applications launch on mainnet, we will provide step-by-step instructions for how to earn even more rewards.
$10 Million to Experience the Future of Crypto Apps
Every crypto user should feel compelled to understand just how different the crypto user experience can be. For too long, our industry has made every transaction too complex, and yet that complexity is still the status quo.
In our mind, $10 million is a small price to pay for as many users as possible to experience the new paradigm shift we’ve kicked off. It’s time for the status quo to change, and that change begins with SolverNet.
