TESTNET
MED RISK · 5/10
● Verified by CRR
Degis IM Public Testnet (May 17): Tasks for Credential + Lucky Draw NFT
N/A
Updated 23h ago · Source: galxe-testnet
PER-HOUR VALUE
Pool — share varies
Depends on participation
Effort
45 min
Setup + monitor
Capital
—
Holdings required
Risk score
5 / 10
Medium risk
The deal
What you do
Join Degis Initial Matching (IM) Public Testnet starting May 17. Complete Galxe tasks to claim a credential and enter a lucky draw for a Degis NFT.
Why it's 5/10 risk
- The activity is on Galxe with a defined quest link, but the opportunity’s broader legitimacy signals (team, funding, distribution rules) are not provided here.
- Because this is a testnet and the description doesn’t mention any smart-contract audit or security report, you cannot confirm technical safety from the given info.
- If rewards are only a credential and an NFT lucky draw (no stated tokens), liquidity risk is mostly about secondary market uncertainty for any NFT received.
Minimum viable path
Hold required asset · amount varies by participant
→ 45 min setup
→ expected variable
Activity Rules Snapshot
| Testnet start dateVerified | May 17 |
| Credential + lucky draw reward mechanicVerified | Claim credential after finishing tasks, then enter lucky draw for Degis NFT |
| Expected token/value details | Not specified (estimated value unavailable) |
How to participate
01 Step 1
Open the Galxe quest page for Degis IM Public Testnet and read the full task checklist before starting (avoid partial completion).
02 Step 2
Complete every required task in order until you reach the stage where the credential is claimable (set a daily check-in to ensure you don’t miss any step).
03 Step 3
After finishing tasks, claim the credential associated with Degis Initial Matching (IM) Testnet.
04 Step 4
Confirm you are marked as eligible for the lucky draw to win a Degis NFT (do this right after credential claim).
Risk breakdown
Weighted average of 6. Every factor is a risk score — higher means worse, same direction as the total. See rubric →
LEGEND: 1–3 LOW · 4–6 MED · 7–10 HIGH
| Factor | Score | Reasoning |
|---|---|---|
| Legitimacy |
5/10
|
The activity is on Galxe with a defined quest link, but the opportunity’s broader legitimacy signals (team, funding, distribution rules) are not provided here. |
| Audits |
6/10
|
Because this is a testnet and the description doesn’t mention any smart-contract audit or security report, you cannot confirm technical safety from the given info. |
| Liquidity |
4/10
|
If rewards are only a credential and an NFT lucky draw (no stated tokens), liquidity risk is mostly about secondary market uncertainty for any NFT received. |
| Token unlocks |
3/10
|
No token unlock schedule is mentioned, so the main unlock/dilution risk is unquantified rather than clearly high. |
| Concentration |
5/10
|
Lucky draws and testnet participation can concentrate outcomes among fewer eligible users, increasing variance for any single participant. |
| Regulatory |
5/10
|
An NFT lucky draw plus on-chain/testnet participation can still raise jurisdiction-dependent concerns, but the provided details don’t address compliance. |
WEIGHTED SCORE
5 / 10
Regenerated on every primary-source change.
Before You Participate
- Eligibility can fail if you complete tasks partially or miss a specific step required for the credential claim.
- Rewards are not quantified in the provided info—an NFT lucky draw is probabilistic, so time spent may not translate into value.
- Capital/treasury safety cannot be assessed because platform and funding-size details are not provided.
- Testnet events often have last-mile rule changes; always re-check quest instructions around the May 17 start.
✓ Who it's for
- Players who enjoy multi-step Galxe quest workflows and tracking tasks daily
- Testnet participants comfortable with uncertain rewards (credential + potential NFT)
✗ Not for
- Users seeking a clearly stated APY/token payout with verifiable numbers
- People unwilling to risk time spent without confirmed capital or guaranteed prizes
Affiliate disclosure.
Some outbound links on this page are affiliate links — we may earn a small commission if you sign up, at no extra cost to you.
Rankings are never paid.
Affiliate status never affects an opportunity's score or position.
Read our full policy →
Frequently asked questions
What is Degis Initial Matching (IM) Testnet?
It’s a Degis public testnet started on May 17, where participation and task completion are used as the unique way to set the initial price for the protection teading AMM pool. Finishing tasks lets you claim a credential and join a lucky draw for a Degis NFT.
What do I get if I finish all tasks?
You should be able to claim a credential and also join the lucky draw to win a Degis NFT, based on the quest’s stated mechanics.
Is there a guaranteed token or fixed reward amount?
The provided information does not specify token payouts or numeric APY; the main upside described is credential + a lucky draw for an NFT. Verify the quest page for any additional reward terms.
How risky is this compared with similar testnet quests?
The risk_context score is 5 (capital unknown, multi-step). This is broadly aligned with several competitor testnet items that also show risk_score around 5–6, but those pages may have different reward clarity—check each quest’s specific terms.
Resources
Primary source
galxe-testnet — app.galxe.com