Lymus medal holders,. We want to thank you for your feedback on the Lymus medal voting.

02 Feb 2023, 16:24

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 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 tokens 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: 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. Snapshot for currently claimed medals is here. 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 a 19,747.69 $SPORT award. Vesting Our tokenomics states that the LYMUS Reward tokens will be distributed by 2026. However, we want to take into consideration the wishes of our LYMUS holders and thank you for being a crucial part of our ecosystem. That is why all tokens will be unlocked earlier. The vesting period starts from the date of vote implementation and lasts until 2023 12 31, 23:59 UTC, no matter which option wins. During the vesting period, the tokens will be unlocked and available for claim every second. Please note that vested tokens cannot be staked. How will it be implemented? To ensure a fair and transparent 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 - February 3rd 00:00 UTC through 10th 23:59 UTC. As soon as the voting is completed, we will start working on the implementation as a top priority. We’ll update you with the date of implementation later. What happens if I sell? We will be taking a snapshot after the voting ends on February 10th 23:59 UTC. Wallets included in the snapshot will be tied to the $SPORT token vesting. This means that if you sell the NFT on OpenSea or other secondary markets, you will still be eligible to vest.

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LympoLYM #1745

03 Feb 2023, 14:24

Attention all LYMUS medal holders 📢 🫵 We need you for the second stage of voting - let’s shape the future of LYMUS rewards together. 😎Head to your profile and cast your vote by February 10th! For further details check out our updated blog article👇

Attention all LYMUS medal holders.