Dear Zilliqa Community, We are pleased to inform you that th | Zilliqa Announcement

Dear Zilliqa Community,

We are pleased to inform you that the network upgrade is now complete and all activities except staking may now resume. In the next hour or so, we will unpause the staking contract and handle retroactive staking reward disbursement for the paused period.

Good luck with the token launch XCADEMY!

WHAT WE DID: We have fixed the bug that created a slowdown in smart contract processing particularly observed with the staking contract. We have also readjusted the inflation to bring back the previous staking APR.

For more information on this upgrade, please refer to the following documentation:
1. Zilliqa v8.0.4 release notes: https://github.com/Zilliqa/Zilliqa/releases/tag/v8.0.4
2. Scilla v0.10.1 release notes: https://github.com/Zilliqa/scilla/releases/tag/v0.10.1

AS A ZILLIQA STAKER, WHAT DO I NEED TO DO?

The contract will remain paused for the next hour or so. Please wait for a followup announcement on unpausing of the staking contract and retroactive reward distribution.

We want to say a huge thank you to our Zilliqa community for your continued support, questions, and contributions. We apologise for any inconvenience.

Best,
The Zilliqa Team