Flowmint to make way for a network upgrade!
Starting as a small incentivization program for bootstrapping, FlowMint has proved to be a tremendous success with over 2 billion USD worth of tokens bonded at peak.
The initiative witnessed participation from over 278 validators and 2500 users of 7 different chains: Near, Polkadot, IRISnet, Matic, Cosmos, BSC and Fantom.
A vast majority of these users have been actively engaging in staking the MPond they have received thus far.
Unfortunately, the old must die to make way for the new. It is time to sunset FlowMint 1.0 to begin the migration process for the planned network upgrade. FlowMint rewards for all chains will stop henceforth.
We can’t wait to unveil the next iteration of FlowMint. Stay tuned!
Spread the word: https://twitter.com/MarlinProtocol/status/1410633780583276547
