We’re excited to introduce the Linera Markets Testnet, a weekly competition cadence designed to stress-test the network, reward active participation, and surface real skill in fast, onchain decision-making.

This post walks through how the testnet works, how competitions are structured, and how you can earn rewards by participating. Points earned as rewards for participation will directly influence how your mainnet behavior will be considered for TGE.

🎯 Our Goal

The primary goal of the testnet is simple:

Maximize the number of wallets using the application — and how often they use it.

To get there, we’ve designed the system to encourage:

• Repeat engagement

• Experimentation without fear of permanent loss

• Consistent participation over time

All while keeping the system easy to understand and easy to run on a rolling basis.

🧱 Application Structure

GMIC Balances

• Every user starts each competition with 1,000 GMIC

• GMIC balances reset to 1,000 at the start of every competition

• GMIC acts as your prediciting capital and fluctuates based on performance

This ensures every competition starts on equal footing.

Daily Login Bonus

• Earn +10 GMIC for each subsequent day you log in during a competition

• This helps:

  • Encourage daily participation

  • Ensure users can keep playing even after losses

  • Maintain activity throughout the week

⏱️ Competition Format

• Competitions run in fixed weekly cycles

• You can join at any point during the week

• When a competition ends:

  • A new one begins immediately

  • Leaderboards and GMIC balances reset

This creates a steady rhythm of fresh starts and new opportunities.

🏆 Leaderboards & Cash Prizes

There are two primary leaderboards, each rewarding a different type of skill.

GMIC Balance Leaderboard

• Rankings are based on your final GMIC balance at the end of the week

• Everyone starts with the same amount of GMIC

• Performance during that week determines your rank

Prize Pool: $2,000 USDC

Winning Streak Leaderboard

This leaderboard rewards sustained accuracy.

• Rankings are based on the longest consecutive winning streak across all markets

• Streaks are determined by prediction order, not by market:

  • Each prediction is evaluated in the sequence it was placed

  • A loss resets the streak

Prize Pool: $500 USDC

• Awarded to the user with the longest winning streak

• If multiple users tie, the prize is split evenly

This leaderboard rewards precision and discipline, not just volume.

⭐ Portal Points: Long-Term Rewards

In addition to cash prizes, participants earn Portal Points, which track long-term participation and performance across competitions.

Portal Points are:

• Permanent

• Additive

• Carried across competition cycles

They are earned through activity, consistency, and competitive success.

Base Earning (Activity)

• 0.05 Portal Points for every settled prediction

This rewards on-chain activity without letting pure volume dominate.

Daily Streak Bonuses (Consistency)

• Settle at least 15 predictions in a day to unlock a daily streak

• Once unlocked, you earn points equal to your streak length:

  • Day 1: +1 point

  • Day 2: +2 points

  • Day 3: +3 points

  • And so on…

This encourages daily engagement throughout the week.

Performance Bonuses (Per Competition)

At the end of each competition, users earn one-time Portal Point bonuses based on how they rank on the GMIC Balance Leaderboard. This may be adjusted for subsequent tournaments.

Winning Streak Bonuses

Additional bonuses are awarded at the end of the competition based on your ranking on the Winning Streak Leaderboard. This may be adjusted for subsequent tournaments.

🚀 Why This Matters

The Linera Markets Testnet is about:

• Using the application and testing the experience

• Making real decisions and helping prime mainnet behavior

• Learning how fast, onchain prediction markets can provide opportunity for humans and agents alike

Every competition is a fresh start. Every prediction helps test the system. And every participant helps shape what Linera looks like at mainnet.

Jump in, place some picks and let’s see what breaks — and what works: linera.io/markets