while crypto is revolutionary in a lot of ways, it also exists on a long-celebrated trend of removing intermediaries to shift ow

while crypto is revolutionary in a lot of ways, it also exists on a long-celebrated trend of removing intermediaries to shift ownership (and savings) to people

Same news in other sources

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ARAW
ARAWARAW #8636
Telegram
11 Jan 2024, 20:01
telegram news 11 January 2024 20:01
https://coinmarketcap.com/academy/article/breaking-sec-approves-first-ever-spot-bitcoin-etfs-in-the-us?fbclid=PAAaY_6XEqNede7hYjUVL7a0q2LR3-dmNqaP0s9DhvCv6klRPdastsSLNEUuA
DeFi Kingdoms
DeFi KingdomsJEWEL #1180
Telegram
11 Jan 2024, 20:00
LP Migration and New Staking Rewards As we announced two weeks ago, the CRYSTAL emissions from our Gardens have ended as the total max supply of 250M CRYSTAL has been emitted (https://defikingdoms.medium.com/crystal-emissions-ending-plan-update-48dd41677cd3). Going forward, to further incentivize LP staking, we're introducing a new reward system, allocating 10% of in-game fees to be distributed to all active stakers. In order to receive rewards from the new system, LP stakers will need to migrate and stake their LPs to the new contract. This will be done via the Gardens interface though a new "Migrate" button. Please note that splitting seeds is not required to perform the migration. However, migrating to the new LP contracts will claim any pending rewards you may have. Migration Schedule The migration schedule will take place as follows: January 15, 2024 8:00 PM in 4 days Players may begin migrating their LP tokens to the new contract. Token rewards (JEWEL/CRYSTAL) from Gardening Quests will be temporarily disabled for 24 hours. Players may still use the Gardening Quest, but they will only earn in-game items for Quests started or completed during this time window - please keep this in mind. January 16, 2024 8:00 PM in 5 days Players staking their LPs in the new contract will begin receiving in-game fees based on the pool reward allocation and their pool share. Token Rewards from Gardening Quests will be reenabled based on pool reward allocation and player pool share in the new LP pools only. Note that these changes currently only apply to CRYSTALVALE. LP stakers on SERENDALE will continue to receive JADE rewards for staking until all 250M JADE has been emitted, which is estimated to take place at the end of February.
LP Migration and New Staking Rewards.
LP Migration and New Staking Rewards As we announced two weeks ago, the CRYSTAL emissions from our Gardens have ended as the total max supply of 250M CRYSTAL has been emitted (https://defikingdoms.medium.com/crystal-emissions-ending-plan-update-48dd41677cd3). Going forward, to further incentivize LP staking, we're introducing a new reward system, allocating 10% of in-game fees to be distributed to all active stakers. In order to receive rewards from the new system, LP stakers will need to migrate and stake their LPs to the new contract. This will be done via the Gardens interface though a new "Migrate" button. Please note that splitting seeds is not required to perform the migration. However, migrating to the new LP contracts will claim any pending rewards you may have. Migration Schedule The migration schedule will take place as follows: January 15, 2024 8:00 PM in 4 days Players may begin migrating their LP tokens to the new contract. Token rewards (JEWEL/CRYSTAL) from Gardening Quests will be temporarily disabled for 24 hours. Players may still use the Gardening Quest, but they will only earn in-game items for Quests started or completed during this time window - please keep this in mind. January 16, 2024 8:00 PM in 5 days Players staking their LPs in the new contract will begin receiving in-game fees based on the pool reward allocation and their pool share. Token Rewards from Gardening Quests will be reenabled based on pool reward allocation and player pool share in the new LP pools only. Note that these changes currently only apply to CRYSTALVALE. LP stakers on SERENDALE will continue to receive JADE rewards for staking until all 250M JADE has been emitted, which is estimated to take place at the end of February.