Level Up with Yala Testnet V3’s Berry Rewards

Level Up with Yala Testnet V3’s Berry Rewards

Berries continue to serve as the core incentive mechanism in the Yala ecosystem. With Yala Testnet V3 live, we’ve juiced up the rewards system to keep the community thriving. More Berries, new ways to earn, and a slicker experience - here is your guide to stacking Berries in V3.

Berries Boost: 1.2x Rewards Incoming!

To make your transition from V2 to V3 even more rewarding, we’ve boosted rewards for key activities  by up to 1.2x to provide greater value to our dedicated community. Here’s how the numbers stack up:

New Ways to Earn Berries in Testnet V3

In Testnet V3, we’ve added new activities to make your experience more rewarding and engaging. Check out the new earning opportunities:

What Stays the Same?

While V3 brings plenty of upgrades, some core reward mechanisms remain consistent from V2, ensuring continuity for seasoned users: 

Key Takeaways for V2 Users Upgrading to V3

1. Boosted Rewards: Enjoy higher payouts for MetaMint, YBTC positions, BTC deposits, LP staking and referrals. 

2. New Ways to Earn: The introduction of Stability Pool staking and USDC conversion rewards adds more earning opportunities.

3. Transition to V3 for Continued Earnings: To keep earning Berries, ensure you perform activities on V3. All V2 points have been frozen, meaning no additional Berries can be earned through V2 tasks. Your V3 points display as: earned V2 points + new V3 points.

For a detailed guide on transitioning from V2 to V3, visit: https://docs.yala.org/user-guide-v3/migrating-from-v2-to-v3?ref=blog.yala.org 

Updated Berry Limits for High-Scorers

Users with over 10M, 20M, and 30M Berries now have adjusted daily earning limits to maintain fairness. For a complete breakdown of these limits, visit:

https://docs.yala.org/user-guide-v2/berries-rule-yalas-reward-system#berries-earning-limits-for-high-scoring-users 

Maximize Your Berry Earnings in V3!

Yala Testnet V3 is designed to provide more earning opportunities, increased flexibility, and new ways to accumulate Berries. Plus, stay tuned for upcoming NFT campaigns that will further boost your Berry earnings!

For a comprehensive breakdown of V3’s Berry rules, visit: https://docs.yala.org/user-guide-v3/berries-rule-yalas-reward-system 

Happy earning, and welcome to Testnet V3! 🚀

Join the Yala Community

Yala is building a liquidity layer unlocking Bitcoin’s untapped yield across DeFi and RWAs. With Yala, users can deposit BTC and mint $YU natively to be utilized across the broader DeFi space. This unlocks Bitcoin’s liquidity and provides users with various yield opportunities across ecosystems. In short, Yala enables BTC holders to earn yields and securely move liquidity across ecosystems, chains, and protocols.

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