5 million $XTN burned. APY is still in thousands % rideonwaves.
29 Jul 2023, 13:27
7.5 million $XTN burned. APY is still in thousands % rideonwaves.io
Same news in other sources
1WavesWAVES #307
30 Jul 2023, 13:06
#Waves ecosystem users can now swap their $XTN tokens for L2MP, the mining power token of the upcoming Waves EVM L2, on
Early birds who swap their tokens first will receive a significant advantage, as 30% of the token supply is reserved for staking. This amount is evenly distributed over time, so early movers will receive a very high APY.
Around 9 million XTN tokens have been swapped so far, but the APY is still in the thousands. This means that there is still a great opportunity to become an early whale by swapping your XTN tokens now. The high APY at the beginning will allow you to receive more tokens than users who swap later, giving you a larger stake in the new Waves chapter.
The Waves EVM L2 is the first L2 network built on top of Waves, with EVM support. This means that it will be able to support Ethereum-based dApps and smart contracts. The L2 is also scalable and secure, making it a promising platform for the future of Waves.
If you are dreaming of becoming a whale, then swap your XTN tokens now. The high APY at the beginning will give you a significant advantage over other users. And who knows, you might just become one of the first whales on the Waves EVM L2!
Here are some additional details:
- The swap can be done on the website.
- The APY will decrease over time, so it is best to swap your tokens as soon as possible.
- You will have to stake your L2MP with one of the #waves miners before the L2 launch.
#Waves ecosystem users can now swap their $XTN tokens for L2MP, the mining power token of the upcoming Waves EVM L2, on.
#Waves ecosystem users can now swap their $XTN tokens for L2MP, the mining power token of the upcoming Waves EVM L2, on http://rideonwaves.io
Early birds who swap their tokens first will receive a significant advantage, as 30% of the token supply is reserved for staking. This amount is evenly distributed over time, so early movers will receive a very high APY.
Around 9 million XTN tokens have been swapped so far, but the APY is still in the thousands. This means that there is still a great opportunity to become an early whale by swapping your XTN tokens now. The high APY at the beginning will allow you to receive more tokens than users who swap later, giving you a larger stake in the new Waves chapter.
The Waves EVM L2 is the first L2 network built on top of Waves, with EVM support. This means that it will be able to support Ethereum-based dApps and smart contracts. The L2 is also scalable and secure, making it a promising platform for the future of Waves.
If you are dreaming of becoming a whale, then swap your XTN tokens now. The high APY at the beginning will give you a significant advantage over other users. And who knows, you might just become one of the first whales on the Waves EVM L2!
Here are some additional details:
- The swap can be done on the http://rideonwaves.io website.
- The APY will decrease over time, so it is best to swap your tokens as soon as possible.
- You will have to stake your L2MP with one of the #waves miners before the L2 launch.