[VENT TIER SYSTEM UPDATE] Dear Ventorians! Throughout Decemb | Vent Announcements

[VENT TIER SYSTEM UPDATE]

Dear Ventorians!

Throughout December, VentUp will be hosting numerous project launches on VentUp. We are proud to see the growing interest in both Vent, and in the projects, we're launching on VentUp. As we get close to the "Vent-fever December", we are issuing an important update impacting the public sales launching on VentUp. 

Following the Snapshot Period, investors must now hold their VENT tokens corresponding to their Tier until the public sale is over on VentUp. 

The Snapshot period will be used to measure your VENT Average Holding Score in order to place investors in the appropriate tier. Following the Snapshot Period, investors must hold the minimum amount of VENT corresponding to your Tier based on the Vent Tier System up until the public sale is over. 

Users who fail to hold the amount of VENT corresponding to their tier system will lose their allocation (even if they have already invested) and their vested tokens will be redistributed to the rest of the participants that have successfully held their tokens.

This latest update will protect and benefit long-term VENT holders who will constantly support Vent and participate in existing and future project public sales launching on VentUp.

IMPORTANT: These guidelines will be in effect from the Street Runner offering and all subsequent public sales.

Please read carefully the guidelines to participate in a Public Sale launching on VentUp: https://blog.vent.finance/tiers-dc0165925828

Best,
The Vent Team

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