Algorand Foundation lanceert 200 miljoen Algo Staking Reward Program
Inclusief programma biedt deelnemers de mogelijkheid om een rendement van meer dan 100% te verdienen voor het houden van Algos en het ondersteunen van het netwerk
SINGAPORE-(BUSINESS WIRE)- De Algorand Foundation kondigde vandaag een veelbelovend beloningsprogramma aan dat zijn gemeenschap zal belonen met 200 miljoen Algos, dat extra kansen zal bieden en diegenen zal belonen die haar visie op het langetermijnsucces van het Algorand netwerk en zijn technologie delen.
Het programma biedt 200 miljoen Algos aan geregistreerde deelnemers, waardoor zij hun positie in Algos kunnen vergroten door het token vast te houden. De beloningen worden verdeeld over vier periodes van zes maanden, in totaal twee jaar, aan de in aanmerking komende deelnemers die zich inschrijven (via een nulwaardetransactie) met bloknummer 1618450, wat naar verwachting op 31 augustus 2019 zal gebeuren.
Algorand Foundation Launches 200 Million Algo Staking Reward Program
Inclusive program offers participants an opportunity to earn a return of more than 100% for holding Algos and supporting the network
SINGAPORE–(BUSINESS WIRE)– The Algorand Foundation announced today a staking rewards program that will reward its community with 200 million Algos, bring additional opportunities and reward those who share its vision for the long-term success of the Algorand network and its technology.
The program provides 200 million Algos to registered participants, allowing them to increase their position in Algos by holding the token. The rewards will be distributed over the course of four 6-month periods, a total of two years, to qualifying participants who commit by registering (via a zero value transaction) by block number 1618450, which is expected to happen on August 31st, 2019. Only the first 200 million Algos across the registered wallets will be eligible.
“The Algorand Foundation is following through with programs that demonstrate their long-term vision and reward all users for supporting the protocol,” said Massimo Morini, member of the Algorand Foundation’s Economic Advisory Committee. “I am pleased the foundation has launched this staking rewards program for the entire community as another important step in the growth of the Algorand network.”
Participants have an opportunity to earn a return of more than 100% by participating in the program. The return rate could increase if some users choose to voluntarily disqualify themselves by dropping out of the program. The Algos which the disqualified users would have received are returned to the reward pool to be distributed to the remaining eligible users.
The entire reward pool is fixed, and 50 million Algos will be distributed on a stake weighted basis to remaining qualifying participants at the end of each 6-month period, according to a published schedule.
For more information about the staking program, please visit algorand.foundation/stakingrewards.
About the Algorand Foundation
The Algorand Foundation is providing the trusted infrastructure needed to support the growth of a borderless economy with an approach that is decentralized by design. With research led by Dr. Tal Rabin, a 2018 Forbes World Top 50 Women in Tech, the Algorand Foundation is incorporated in the Republic of Singapore.
For more information, visit algorand.foundation.
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Contacts
Kalyn Schieffer
March Communications
algorandfoundation@marchcomms.com
617-960-9948