I used to think @grass was one of the few real success stories where participants could actually earn meaningful rewards.
But in the end, it feels like the team got greedy.
According to the tokenomics, 17% was allocated to the community. Even if we conservatively assume that only 10% was intended for this distribution, that would still be worth around $50 million.
If the community's estimates are correct, the actual distribution falls far below what the tokenomics led participants to expect.
On top of that, any unclaimed rewards will be retained by Grass.
However, the outcome is so extreme that I think there's also a possibility the Rewards Checker itself is incorrect.
If these distribution amounts are accurate, it will be extremely difficult for Grass to maintain its business model and the trust of its community going forward.
I used to think @grass was one of the few real success stories where participants could actually earn meaningful rewards.
But in the end, it feels like the team got greedy.
According to the tokenomics, 17% was allocated to the community. Even if we conservatively assume that only 10% was intended for this distribution, that would still be worth around $50 million.
If the community's estimates are correct, the actual distribution falls far below what the tokenomics led participants to expect.
On top of that, any unclaimed rewards will be retained by Grass.
However, the outcome is so extreme that I think there's also a possibility the Rewards Checker itself is incorrect.
If these distribution amounts are accurate, it will be extremely difficult for Grass to maintain its business model and the trust of its community going forward.
Community Incentive Airdrop Update
The schedule planned for June 30th will be extended by 12 to 18 hours.
Here is the update
- here is no need to claim. We will send the incentives directly to your registered wallet
- It will be sent as $Xef on the Xphere Mainnet to your personal wallet. Please add the Xphere Mainnet to your registered wallet
We apologize for the 12–18 hour delay and appreciate your understanding
The team is working diligently to stay on schedule as planned.
To the members of the @Xphere_official and @Xeffy_io community, we’d like to highlight two important points.
1. First, registration will close very soon! Please make sure to complete your registration right away.
2. Second, please be careful of scam links that are not official.
Even though there are many different stories circulating, our products continue to evolve, Vault is generating revenue, and many exciting announcements are coming soon!!
Thank you for always being with us.
I've received a lot of requests from users wanting to easily check the number of holders and detailed reward info for the XAX staking event. To make things easier, I've just deployed a dashboard site!
🔗 https://t.co/75Wm40iPso
You can now view the compiled data for the top 1 to 50 holders alongside their designated rewards.
I hope you all find this website super useful!
Please note that since this is a self-made personal site for user’s convenience, the site might experience slow or even crash if there's a huge spike in daily traffic. Thank you so much for your understanding in advance!
Appreciated.
Airdrop Registration Period Update🌈
Due to the temporary Telegram ban in certain regions, we are extending the airdrop registration period by 5 days
Please be sure to complete the airdrop registration mission before the deadline!
Thank you
This week is going to be a Big Week for XAX.
We are currently running our Pre-deposit event. Depositing into XAX now will grant you a specific weight boost (multiplier) for the upcoming @Xeffy_io airdrop.
Please note that even without factoring in any additional incentives, the protocol offers a pure 14.06% Base Yield derived purely from our delta-neutral trading strategy.
🔗https://t.co/ZDlsYN8eJH
#Xeffy #Vault #Airdrop
5th Mission - XAX Vault: PreStaking 🔥
The PreStaking mission is voluntary, but the team highly values and appreciates the contributions of users who participate in this part!!
Even a small amount is fine. Feel free to join the Vault staking!"