Hemi Network Incentivized Testnet — Step By Step Tutorial

Bitcoin or Ethereum — why not both? Hemi Network is a modular protocol, powered by Bitcoin & Ethereum. Hemi incentivized Testnet already started and we can get points daily by complete different tasks.

🧙‍♂️ Following segments will be covered:

→ What is Hemi Network?
→ Funding & Incentivized Testnet Details
→ Step By Step Tutorial For Hemi Testnet
→ Conclusion

🧙‍♂️ What is Hemi Network?

Hemi Network is a modular Layer-2 protocol for superior scaling, security, and interoperability, powered by Bitcoin and Ethereum. It represents a different way of thinking about Layer-2 scaling, by approaching Bitcoin and Ethereum as components of a supernetwork.

The Benefits of Hemi as follow:

Ease of Development
Bitcoin Programmability
Bitcoin Superfinality
Trustless Cross-chain Portability
Extensibility
Superior Asset Handling

Find our more details from Hemi docs.

Hemi Virtual Machine (hVM), which incorporates a full Bitcoin node within an Ethereum Virtual Machine. Combined with the Hemi Bitcoin Kit (hBK), developers have a familiar yet powerful platform for creating Hemi decentralized applications (hApps).

🧙‍♂️ Funding & Incentivized Testnet

Hemi Network already raised $15M from Binance labs, Big Brain holdings, Breyer Capital, Alchemy, Quantstamp etc. More details can be found on Cryptorank.io

Hemi Network already announced incentivized testnet and also introduced point system with 3 seasons as follow:

• Season 1: Testnet

• Season 2: Mainnet & TGE

• Season 3-N: Mainnet & Post-TGE

Season 1 is already going on and it’s already started back in July/August 2024. However got more hype since 19th September 2024 because of the funding announcement and Binance Labs investment into it.

So lets not waste time anymore and jump into the Step By Step Tutorial for Hemi Testnet.

🧙‍♂️ Step By Step Tutorial For Hemi Testnet

Here’s the list of tasks which can be done on Hemi Testnet to get more points:

→ 500 Points for creating a safe [ One Time Task ]
→ 2000 Points for bridging 2 ETH [ Daily Task ]
→ 2000 Points for bridging 4000 USDT/USDC/DAI [ Daily Task ]
→ 1000 Points for creating a capsule [ Twice Weekly Task]
→ 200 Points for swapping any assets except wrapping ETH to wETH [ Twice Daily Task ]

Now let’s go through the tutorial to complete these tasks one by one!

• Visit the Point Program Page which is powered by Absinthe Labs

After connecting wallet & twitter, use for referral Code: 6b86dcf6

• Now you will access the dashboard to see your points , rank etc.

• First complete the following galxe tasks to get points from social/off-chain tasks

Social P1 | Social P2 | Social P3 | Social P4 | Social P5 | Layerbank | Redstone

Galxe points are now fully on-chain and you will need $G Token on Gravity Chain. Use Gas.zip to get small funds for gas fee.

Note: Leaderboard is updated every 4 hours, so have patience after competing the tasks.

• Visit TestnetBridge to buy ETH for Sepolia Testnet using Arbitrum or Optimism mainnet

• Or use any available faucet from FaucetLink to claim for free

• Visit Aave Faucet to claim $USDT / $USDC / $DAI for bridging into Hemi Testnet

• Now use the Tunnel to bridge $ETH or Stablecoin like $USDT / $USDC / $DAI from Sepolia Testnet to Hemi Testnet

• Bridge 2 $ETH to get max 2000 Points & 4000 $USDT/$USDC/$DAI to get max 2000 Points daily.

• Bridging $ETH & stablecoin like $USDT / $USDC / $DAI will give you 4000 points daily

• Visit Hemiswap to do swaps between ETH & stablecoin like $USDT / $USDC / $DAI

• You can do swaps twice daily for max points and remember wrapping ETH to wETH won’t count for points

• Use Pure Finance to do wrapping ETH into wETH or signing signature on Hemi Testnet

• Visit Safe dApp to create a new SAFE Account on Hemi Testnet.

• Type the name & click “Next” option to add multiple wallet as signer

• Finally click “Create” button & create your safe account by confirming the transaction

• After creating a SAFE Account, you can topup the wallet with ETH and do some transaction between main wallet & Safe Account [ Optional ]

• Visit CapsuleLabs dApp and connect your wallet

• Now select the assets ( Tokens or NFT) you wanna send to others

• Submit your own wallet for “Receiver Address” option & click Transfer button to create a capsule

• After creating a capsule successfully, you will need to copy the link to redeem it.

• Copy the transfer link and paste it into the browser to redeem it.

• Click Redeem button and finally confirm the transaction to get back those tokens/NFTs

• Visit Hemi Web PoPMiner Page & Copy the Private key to save it to resume it in future.

• You can use Hemi CLI PoPMiner using VPS or own pc/laptop, follow this tutorial to do it.

• Join Hemi Network Discord & use the “#💧︱faucet” channel to get 0.10 $tBTC for running the miner.

• Every 12 hours, you can claim $tBTC from the faucet of Hemi Network discord server.

  Note: Use mempool explorer to check pending transaction on Bitcoin testnet and wait for full confirmation to start web PopMiner.

As of now, nothing to do more. Just keep doing the daily tasks like bridging funds into Hemi testnet, do swap on Hemiswap twice a day and creating capsule twice in a week etc. Also keep eye in our Twitter and Telegram channel for future updates.

🧙‍♂️ Conclusion

It wasn’t farmed hugely until the funding details and Binance Labs investment was announced. So make sure to complete the recurring tasks daily so that you can get into the top leaderboard.

Also don’t expect the airdrop during mainnet launched because the airdrop meta is changed a lot and it will take a long way to get airdrop, although team already announced multiple season for points farming. So keep focusing on other projects while doing the daily tasks for more points. Also share this tutotial with others and i appreciate that.

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