Full Sail Prediction Competition

Overview

The Full Sail Prediction Competition is a four-week event designed to showcase and stress-test the protocol’s predictive voting model. Participants stake tokens, forecast pool volumes, and earn rewards based on the accuracy of their predictions.

Eligibility & Participation

How to Get SAIL-TEST

• Users can obtain SAIL-TEST primarily by providing liquidity.
• Additional allocations will be distributed through a Zealy campaign.
  - 3,000 SAIL-TEST tokens for completing the quest Full Sail Prediction Competition
  - 1,500 SAIL-TEST tokens for entering a Community Code
  - 1,500 SAIL-TEST for retweeting and telling others how excited you are
• Token distribution for LPers happens every Thursday.
• Token distribution for Zealy participants happens daily.

Lock Requirement

• Token: Participants must lock SAIL-TEST into veSAIL-TEST to enter the competition.
• Lock Option: Only a single lock option will be available for the competition.

How to Lock SAIL-TEST

• Select veSAIL-TEST from the Navigation Bar

• Input amount of SAIL-TEST you want to lock

• Select Lock SAIL-TEST button

• Confirm the transaction and veSAIL-TEST will be added to your wallet

Prediction Mechanics

Prediction Submission

• Participants predict the trading volume of specific pools for the next epoch.
• Each prediction includes:
  - Selected pool
  - Expected trading volume
  - Weight of voting power allocated to that prediction

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Constraints

• Prediction edits allowed: Users can update their predictions during the epoch.
• One prediction per pool per user per epoch.
• Voting is reset each epoch; users must participate each week to earn rewards.

How To Predict

• Select Predict from the Navigation Bar

• Enter your volume predictions and voting power allocations for your selected pools

• Select Submit Votes button

• Select Submit Votes button again in the pop up

• Confirm the transaction and your predictions will be submitted

Epoch & Duration

• Each epoch lasts 7 days starting at 00:00 UTC every Thursday.
• The Prediction Competition will run for 4 weeks total.

Rewards

Reward Types

• Rewards are issued in the form of 4-year locked veSAIL at TGE.

Reward Calculation

• Based on a hybrid model:
  - Voting Power: The amount of veSAIL a user has and allocates to a pool.
  - Accuracy: How close the predicted volume is to the actual volume.
• It does not matter whether the prediction is an overestimate or an underestimate; only the proximity to the actual result is used to calculate rewards.
• The more accurate the forecast and the greater the weight, the larger the reward.

Reward Distribution

• A fixed value of rewards will be awarded per week:
  - Week 1: $10,000 worth of veSAIL
  - Week 2: $20,000 worth of veSAIL
  - Week 3: $30,000 worth of veSAIL
  - Week 4: $40,000 worth of veSAIL
• An additional $60,000 worth of veSAIL will be awarded to the top 3 communities
  - $15,000 for 1st place, $10,000 for second place, $5,000 for third place in terms of community participation
  - $15,000 for 1st place, $10,000 for second place, $5,000 for third place in terms of accuracy of predictions
• All rewards are valued at $25mm FDV
• All rewards will be distributed at TGE (Token Generation Event)