Express

Float Protocol Ends Phase 2 at the End of This Week and Introduces Phase 3

Amy Liu

Summary: The stablecoin protocol Float Protocol community has now voted to pass the proposal to shorten the mining of Phase 2 by one week and add Phase 3. End Phase 2 at the end of this week (Sunday 28th March 10pm UTC) and introduce Phase 3.  Phase 3 shall last for 6 weeks and only contain ...

The stablecoin protocol Float Protocol community has now voted to pass the proposal to shorten the mining of Phase 2 by one week and add Phase 3. End Phase 2 at the end of this week (Sunday 28th March 10pm UTC) and introduce Phase 3. 

Phase 3 shall last for 6 weeks and only contain the incentivised BANK-ETH SLP pool but not contain any single asset pools. All rewards previously allocated to the second week of Phase 2 (10,500 BANK) are to be distributed only to the BANK-ETH SLP pool over the 6 weeks of Phase 3.

By Amy Liu

Last Update:

Tags: ,,
Link: Float Protocol Ends Phase 2 at the End of This Week and Introduces Phase 3   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 24 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.