The project has made the decision to terminate Credit and wCredit staking across all chains, and as a result, will no longer pro
20 Apr 2023, 14:45
The project has made the decision to terminate Credit and wCredit staking across all chains, and as a result, will no longer provide any incentives for staking. The rationale behind this determination stems from the potential classification of the token as a security, thereby posing a long-term risk to the project. It is important to note that the POA consensus mechanism does not rely on staking, with the exception of credit staking, which has been rescinded.
In recognition of this adjustment to the staking framework, the project will be conducting a one-time airdrop of DAO LP tokens to qualifying wallets that have previously engaged in staking activities. The distribution of tokens will be at a 1:1 ratio, and a list of eligible wallets will be compiled on May 1, 2023, followed by the issuance of tokens in due course. It is advised that stakeholders refrain from depositing additional coins into staking accounts after the airdrop has been made, as this is a singular occurrence aimed at making amends for the shift in staking practices. Locked coins will remain inaccessible until their respective release dates, after which point they may be withdrawn.
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20 Apr 2023, 14:46
The project has made the decision to terminate Credit and wCredit staking across all chains, and as a result, will no longer provide any incentives for staking. The rationale behind this determination stems from the potential classification of the token as a security, thereby…
The project has made the decision to terminate Credit and wCredit staking across all chains, and as a result, will no longer pro
The project has made the decision to terminate Credit and wCredit staking across all chains, and as a result, will no longer provide any incentives for staking. The rationale behind this determination stems from the potential classification of the token as a security, thereby… https://t.co/USOQxwKhdV
20 Apr 2023, 14:45
The project has made the decision to terminate Credit and wCredit staking across all chains, and as a result, will no longer provide any incentives for staking. The rationale behind this determination stems from the potential classification of the token as a security, thereby posing a long-term risk to the project. It is important to note that the POA consensus mechanism does not rely on staking, with the exception of credit staking, which has been rescinded.
In recognition of this adjustment to the staking framework, the project will be conducting a one-time airdrop of DAO LP tokens to qualifying wallets that have previously engaged in staking activities. The distribution of tokens will be at a 1:1 ratio, and a list of eligible wallets will be compiled on May 1, 2023, followed by the issuance of tokens in due course. It is advised that stakeholders refrain from depositing additional coins into staking accounts after the airdrop has been made, as this is a singular occurrence aimed at making amends for the shift in staking practices. Locked coins will remain inaccessible until their respective release dates, after which point they may be withdrawn.
The project has made the decision to terminate Credit and wCredit staking across all chains, and as a result, will no longer pro
The project has made the decision to terminate Credit and wCredit staking across all chains, and as a result, will no longer provide any incentives for staking. The rationale behind this determination stems from the potential classification of the token as a security, thereby posing a long-term risk to the project. It is important to note that the POA consensus mechanism does not rely on staking, with the exception of credit staking, which has been rescinded.
In recognition of this adjustment to the staking framework, the project will be conducting a one-time airdrop of DAO LP tokens to qualifying wallets that have previously engaged in staking activities. The distribution of tokens will be at a 1:1 ratio, and a list of eligible wallets will be compiled on May 1, 2023, followed by the issuance of tokens in due course. It is advised that stakeholders refrain from depositing additional coins into staking accounts after the airdrop has been made, as this is a singular occurrence aimed at making amends for the shift in staking practices. Locked coins will remain inaccessible until their respective release dates, after which point they may be withdrawn.