THE FINAL BURN AND REWARD TO STAKERS. ICYMI: $FIDA staking was deprecated on May 5th for a few core reasons.
18 Jul 2023, 14:36
THE FINAL BURN AND REWARD TO STAKERS 🔥
ICYMI: $FIDA staking was deprecated on May 5th for a few core reasons
When staking ended we still had a reserve of 3,096,490 $FIDA to be burned & rewarded to stakers. The burn & rewards were twapped to safeguard the continuity of rewards moving forward.
As promised though, the "reserve" still had a clear goal - 90% to be burned & 10% to be dropped to stakers as set out from the start.
To appropriately uphold this promise, we have burned the rest of the $FIDA & dropped 10% of that proportionately to stakers (depending on the amount staked & duration thereof).
Burn:
We've laid out all the details:
If you do have any questions, don't hesitate to ping us. On another note, thanks to all our stakers ❤️
Read here 👇