Project Alpha: Bullet (Solana Ecosystem) & Bullbit (Base/BullChain Testnet)
Potential Rewards: Weekly point distribution (releasing late August), P&L rewards in stables, Bug Bounty incentives, and future network tokens.
Quick Info Block
- Bullet Funding: $13.53M from Anatoly Yakovenko, Solana Ventures, Wintermute, Electric Capital, Jump Capital
- Bullet Status: Private invite access / Points program starting end of August
- Bullbit Funding: Supported by Alpha Capital, SR AI, M2M Capital, Maven Capital | Current FDV for $BUBI is $180m denied via certain exchanges
- Bullbit Cost: Free (Testnet faucet available) or any amount if trading on main platformt - please check app status
⚠️ Critical Notes
- Sybil Protection/Account Warmup: For Bullet, it is critical to warm up accounts early because there are currently only ~1k+ farmers active, providing a low-competition entry window.
- Tokenomics Alert: Bullbit has allocated 55% of total supply specifically for the ecosystem and Airdrop, making activity highly meaningful.
- Bug Reporting: When using the Bullbit testnet, submitting bugs found during usage acts as an additional wayto qualify for rewards through their Bug Bounty mechanism.
⚡ Strategy & Lifehacks
Optimization Priority:
- Max Yield Path ($): Use specialized vaults like BLP Vaults in Bullet rather than just standard trading to maximize point accumulation per dollar traded.
- Tiering Alpha: Focuson increasing your 'Tier' by hitting volume targets regularly으로 maintain high standing before potential snapshots.
- Efficiency Hack (Bullbit): Instead of manual signups, use any nickname or identifier allowed via Sign Up on app.bullchaintestnet.ai to skip complex registration processes immediately.
Action Steps
Phase 1: Bullet Points Farming
- Access https://app.bullet.xyz/ if available under private invite.
- Connect wallet and focus on generating trade volume.
Phase 2: Bullbit Testnet Activity (Free)
- Visit https://app.bullchaintestnet.ai/ and perform a quick
! DYOR (Do Your Own Research)