Lymus medal holders,. We want to thank you for your feedback on the Lymus medal voting.
20 Jan 2023, 11:13
Lymus medal holders,
We want to thank you for your feedback on the Lymus medal voting. We carefully read through every message and email we received. Fairness and transparency were important values that guided our decision when creating the vote. While Option 1 (Continuous Staking Bonuses) received the most votes, we understand from your feedback that some of you felt the voting options could be fairer for currently active community members. As a result, we had internal discussions and have developed a solution.
What is the solution?
We will have an additional vote for the Lymus medal holders, introducing additional token bonuses and optimizing the Staking Bonuses.
Option 1 - (1st voting winner)
Receive continuous NFT Staking Bonuses, based on owned Medal's rarity (15%/10%/5%)
Burn within 3 months for 8,245 $SPORT token if you wish to. The rest of the pool goes to the treasury.
Option 2 - (new option based on your feedback)
Receive continuous NFT Staking Bonuses based on owned Medal's rarity (7%/5%/2%)
Split 6,250,000 $SPORT dedicated for LYMUS rewards into two. This ensures that the most active users receive a larger portion of the reward, while all members still receive a fair share of the overall Lymus award.
1. All medals claimed by February 3rd will receive 3,125,000 $SPORT split equally among them. The exact amount will be determined based on the number of claimed medals.
2. The remaining 3,125,000 $SPORT will be divided among all 758 eligible medals, with each medal receiving 4,122.69 $SPORT.
Note: You will not have to burn your medals to receive the token rewards.
For example, if by February 3rd there will be 200 claimed medals, all claimed medal owners will be entitled to 19,747.69 $SPORT award.
How will it be implemented?
To ensure fairness and transparency in the voting process, we will hold the vote on our platform in the same manner as the first one. Only the participating wallets from the first snapshot will be eligible to vote. The voting period will last for 7 days.
This is a top-priority task for our development team, exact dates for voting will be revealed next week.