Hey Idexonauts. Last week we had a great week of announcements and some really positive responses.
07 Jun 2022, 03:26
Hey Idexonauts!
Last week we had a great week of announcements and some really positive responses. On the IGSP side though we had a disappointing month in that no new fees were added. We were waiting until the last minute as there were various possibilities. We had expected much better results though the month was difficult in general for crypto projects. We are looking good for June and expect it to be much better. In the meantime and given the strong staking growth we have had, we have decided to issue a special reward in $IDO for those who were staked for the whole month of May (not only IGSP, also in our other pools). These will be issued as locked stakes (i.e. the stakes earn and can withdraw $USDC rewards, though the underlying $IDO stake can’t be withdrawn until June 30, 2023). For the IGSP pool the reward for the total pool (i.e. shared by stakes in the pool) is 125,000 $FIDO. For the ISIP pool it is 6402 $FIDO (distributed as $IGSP locked stakes) and for the ITIP pool it is 1351 $FIDO (ditto).