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Satoshiswap Friday Update - 29 July 2022 - Investment - Nairaland

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Satoshiswap Friday Update - 29 July 2022 by satoshiswap: 4:49pm On Jul 29, 2022
Hey gang,

This is our regular update where we drop the latest news on different aspects of SatoshiSwap - development, marketing, milestones, stuff happening in the pipeline and more.

Withdraw Your SatoshiSwap Tokens From The Staking Pools

Ahead of next month's token swap (see here), we are asking everyone who has not yet withdrawn their tokens from our staking pools to please do so now! You have approximately 2 weeks to do so. For quick reference, the two different staking pools we ran are here:

https://staking.satoshiswap.net (first)

https://stakingnew.satoshiswap.net (second)

We recommend withdrawing using Metamask on a desktop computer using the Google chrome browser.

Please note - if you do not withdraw your staked tokens in the next 2 weeks you will not automatically receive the new version of the SatoshiSwap token. If the deadline is missed you will instead need to go through a manual process at a later date to get the new SatoshiSwap token. Everyone will get the new SatoshiSwap token regardless of whether their tokens are in the staking pools or not, but you'll make it easier for yourself and receive them instantly if you are NOT in a staking pool.

$50,000 Staking Pool Rewards

When the HODL Bar launches on 19th August, there will be $50,000 worth of USDC rewards up for grabs, which will be distributed to staking participants. As these rewards are in the form of the USDC stablecoin, this won't involve any selling pressure. More details about the time-locking requirements of the HODL bar will be released next week, as it has some subtle improvements compared to our previous staking platforms.

SSB Community Rewards

Next week we will begin trialing an early first version of SSB community rewards, to entice and reward individuals for contributing content in the SSB community! A large portion of our community has been dormant for some time and this is our first step towards re-awakening and energising SSB. This will be a simplistic system at first, to trial it's effectiveness and then over time we will seek to refine and improve it depending on the outcome. Stay tuned for the precise details over the coming days, which will be broadcast across all of the SSB socials.

Thank you for your support. Whilst you HODL we will BUIDL.

SatoshiSwap.net

twitter.com/SatoshiSwapHQ

Telegram: at SatoshiSwapOfficial

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