Suiswap Crew3:
https://t.co/5pCxOo1A8g
· We are pleased to announce the launch of Suiswap Crew3.
· Every XP in Crew3 will be converted into Suiswap tokens when the mainnet goes live.
· Complete the https://t.co/kTbIiFwDlZ onboarding quest with single one click.
#Sui
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We have some news and updates to share regarding NCTR.
Firstly, we want to inform you of some pool updates. As of Thursday, the Dust City pool (https://t.co/m6TmWYra03) only had 5k NCTR tokens, and the Rektville pool (https://t.co/MGygMvs3Xb) had 16k tokens. Now, these figures are 330k and 39k, respectively. In short, we have added 500k tokens to the pools.
We made this decision because we forgot to announce changes to the staking terms in advance, and many of you may not be aware that you need to claim your rewards as soon as possible. So consider this our official announcement.
Staking will continue with the old terms. When the NCTR pools are empty, there will be a short staking suspension (approximately from several weeks to a month), and the rewards will be decreased by 33%. The basic staking amount for Dust City will be decreased from 3 to 2 per day, and Rektville from 0.3 to 0.2 NCTR.
There should be enough tokens until April or May, but please remember to claim your NCTR.
In addition, we have a few updates on tokenomics. On the 20th of January, we decided to cut NCTR's supply in half to 5M tokens. You can find the burn proof here: https://t.co/D9dGp2UawB. We want to remind you that NCTR can no longer be minted, even on a technical level, so the token has a deflationary model.
Moreover, we have burned more than 19k NCTR tokens. You can find the proof of the burn here: https://t.co/yxs6S9EX1h. This burn represents 10% of the tokens gathered via the raffles and Court platform (https://t.co/48ipgI32HR) since the last burning on January 20th.
We have over 300k tokens in our treasury, which is almost 1/3 of all NCTR in the current supply. We have not sold a single token, but we have already burned more than 36k.
If you check the NCTR chart to USD (https://t.co/JexrAJKeEN), you can see that from the 28th of December, it has remained stable. However, we only have an NCTR/SOL pool, so the token's price in USD depends on the SOL price.
If we check the NCTR/SOL pool, from the 26th of January till now, the token has been very stable with a price of 0.002 SOL. That's the price at which we added the token to the pool. The pool volume is still near $25k.
Thank you for your attention and continued support.
« GIVEAWAY »
We hear you! Your response to our previous giveaway was overwhelming.
To thank all of you, we’re firing up another WL GA and including a @Razer Prize Pack.
To enter:
〉 Follow @playSHRAPNEL
〉 Like & retweet
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