---
# System prepended metadata

title: Twitter Thread 20-12
tags: [swingby]

---

---
title: Twitter Thread 20-12
tags: swingby
---

GM Swingby Community! ICYMI, we launched SkyPools testnet last week! Here are some quick updates to come

1. 50,000 $SWINGBY weekly giveaway 💰
2. 25% increase in rewards for Skybridge BTC Liquidity 🧑‍🌾
3. 22% Reduction in Metanode rewards 🛠

1/3: Every week we're giving away 50,000 $SWINGBY to 10 lucky testers! To participate, read more here: https://swingby.substack.com/p/skypools-testnet-launch-our-community

Over the last 3 days, we've hit 500 test Txns on Ropsten, peaking at almost 300 Txns on Sunday. Keep those Txns coming & we look forward to drawing our 1st week's winners soon 🎉
![](https://i.imgur.com/oyK15ik.png)


2/3: As promised, with our Testnet launch, we will be raising rewards for BTC Liquidity Providers on SkyBridge by 25%. This is to ensure that there is enough BTC liquidity when SkyPools eventually launches on Mainnet. 

As a Christmas present from us to you, this will take effect on 27 December 12AM UTC. Meanwhile, provide liquidity and start earning 15% APR on your BTC today 🧑‍🌾

![](https://i.imgur.com/yCL3G3X.png)

3/3: As we grow beyond network bootstrapping, we will lower Metanode rewards from 52% APR to 30% APR (mentioned previously). With SkyPools launch coming up, we're optimistic that there will be increased growth and revenues for Metanodes 🤝

Similarly, this change will take effect on 27 December 12AM UTC 



