<(Announcement) N-Hub 13th Virtual Synthetic Asset Investment UNEN Compensation Application Notice>.
10 Jul 2023, 08:38
<(Announcement) N-Hub 13th Virtual Synthetic Asset Investment UNEN Compensation Application Notice>
We’d like to thank all the users who have participated in the 13th Virtual Investment, and the UNEN compensation application will proceed as follows.
📅 UNEN Reward Claim Period
July 10, 2023 (Mon) ~ July 14, 2023 (Fri) 00:00 (UTC)
📅 UNEN Reward Distribution Schedule
Distribution will be made on the same day after UNEN Reward Claim Period finishes at 00:00 July 14, 2023 (Fri) (UTC)
✨UNEN Reward Claim Requirements and Details
- After the 13th VI cycle, users with more UNEN than Target Redeem UNEN will be able to claim UNEN Reward.
- Reward claim is available in “UNEN EX” tab on top of N-Hub website.
- Collateralization of NVIR is not available during the UNEN Reward claim period.
- Synthetic asset trading and NVIR redemption is available during UNEN Reward claim period.
- The amount of UNEN not requested for exchange will be available for exchange in the next reward claim period.
- Users will receive ETH as a reward according to the exchange rate decided at the point of time that reward claim period finishes based on the total UNEN reward claim amount, out of 50% of transaction fees in the 13th Virtual Investment.
📌FYI
When a user redeems UNEN during the cycle, earnings rate is fixed at that of the previous day at 00:00 (UTC), and the user will not be eligible for basic reward and earnings rate reward.
14th Virtual Investment cycle details will be announced on a separate notice.
Thank you.