Thank you. Looking forward to this being executed
Hi
Can you please confirm when rewards are to begin as its been 5 days since the advised 2 days.
Thanks
We have encounter (non technical) difficulties, legacy multisig was not able to execute the restart of the rewards programme. We will publish a follow up proposal very soon for DAO to restart it.
this is still a parameter in the smart contract. no realistic scenario for a liquidation to occur though.
This could potentially discourage staking, thus it’s probably a good idea to remove if it has no active function…
You are right.
A proposal / forum temp check - whether we should begin work on moving the goverance out of L1 - is being prepared, revamp of the ui staking experience would be part of that.
Voting for the second part of this proposal is live. ~14 hrs remaining to vote here:
re-vote?) And I think it’s worth describing the proposal in more detail in the vote…
@StrategoHoldings @Archi123 @leecrowhurst – trying this once more…
Tally proposal is posted for passing ownership of stkTRU rewards distritubtor to DAO timelock AND setting stkTRU rewards rate to 5k TRU/day.
→ Voting begins Saturday 12:17p UTC
→ Voting ends Tuesday 6:02a UTC
Please, tweet about it
Bold to have the majority of the voting period during the weekend.
Staking rewards had been turned on.
Hi Kaimi,
Do the staking “rewards” not show on the frontend like they used to?
Cheers
Please use TrueFi app -< legacy interface.
Thank you for the update.
In Binance the staking reward is still 0.07%, shall you reach out to Binance in order to increase it or shall we move our funds out of there?
There would be a huge outflow from there which might impact liquidity there, is Binance aware of this risk?
Ah okay, got it! Thanks
Please update reward on binance! I feel safer staking on binance!
Ah, great catch. I forgot about Binance staking. We love working with Binance and I will reach out to them to see if they can increase the staking reward they offer users on their platform.