< N-Hub 10th Virtual Investment Closing Notice >.
26 Dec 2022, 09:13
< N-Hub 10th Virtual Investment Closing Notice >
We’d like to thank all the users who have participated in the 10th Virtual Investment,
and inform you that the 10th VI cycle’s will be ending with the Virtual Investment Reward Snapshot at 00:00 Dec 27 (GMT).
< NVIR collateralized after the Reward Snapshot will not be included
for the user’s share of reward pool for basic reward and earnings rate reward>
📅 UNEN Reward Claim Period
: Dec 27, 2022 (Tue) 03:00 ~ Jan 2, 2023 (Mon) 00:00 (GMT)
📅 UNEN Reward Distribution Schedule
: Distribution will be made on the same day after UNEN Reward Claim Period finishes at 00:00 Jan 2, 2023 (Mon) (GMT).
✨UNEN Reward Claim Requirements and Details
- After the 10th 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 10th Virtual Investment.
📌FYI
When a user redeems UNEN during the cycle, earnings rate is fixed at that of the previous day at 00:00 (GMT), and the user will not be eligible for basic reward and earnings rate reward.
11th Virtual Investment cycle details will be announced on a separate notice.
Thank you.