On Oct 13th 2019, the TTC Foundation announced that it would unstake 250m CLAY tokens from Tigris Rewards Program and would stake them back over a 1.5 year period.
Following the announced schedule, the TTC Foundation will stake 50m CLAY tokens today (June 30th, 2020), as the 3nd part of the restaking process. As a result, the total staked CLAY tokens within the Tigris Protocol will increase from roughly 570m to 620m.
You will see the changes on the total number of staked CLAY tokens tomorrow. The actual effect on the rewards amount will take a place, starting on July 2st, 2020.
250m CLAY tokens, unstaked on Oct 13th 2019 by TTC Foundation, will be re-staked based on the following schedule.
✅ 2019/12/30: 50,000,000 CLAY
✅ 2020/03/30: 50,000,000 CLAY
✅ 2020/06/30 : 50,000,000 CLAY (Now)
◻️2020/12/30 : 50,000,000 CLAY
◻️2021/03/30 : 50,000,000 CLAY
Total: 250,000,000 CLAY
If you would like to learn more about Tigris Protocol, check out our Telegram Group.
TTC Foundation | Tigris Protocol
About Tigris Protocol
Tigris Protocol is an open, trusted and interoperable Decentralized Financial (DeFi) service built on the TTC Blockchain Platform. It provides effortless crypto loans, stable daily rewards, and paramount security. For details, visit our website.To receive the latest news on TTC, join our Telegram and follow us on twitter.
TTC is a blockchain fit for mass adoption and a sustainable token economy model. For details, visit our website.To receive the latest news on TTC, join our Telegram and follow us on twitter.
Tigris Protocol — Foundation’s CLAY Token Staking (3/5) was originally published in TTC — Official Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
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