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Tectum to Make Staking Program Changes
Tectum is making significant changes to its TET staking program. The company is transitioning to a new consensus and staking model, which will result in the discontinuation of the staking pools with 120, 150, and 180-day lifespans from October 3rd.
Event date: October 3, 2024 UTC
Tectum
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Dear Tectum Community,
We would like to inform you about important changes to our $TET Staking Program.
As we transition to a new consensus (https://tectum.io/blog/ivy-tree-consensus-the-staking-mechanism-that-grants-equal-opportunities-to-all-validators/) and new staking model, the staking pools with 120, 150, and 180-day lifespans will be discontinued starting from October 3rd.
What this means for you:
These pools will no longer be available for new or additional staking after the mentioned date. Existing stakes in these pools will continue to earn rewards as normal until the end of their respective terms.
We apologize for any inconvenience this may cause and appreciate your understanding as we continue to improve and enhance the Tectum Ecosystem for long-term growth and security.
We would like to inform you about important changes to our $TET Staking Program.
As we transition to a new consensus (https://tectum.io/blog/ivy-tree-consensus-the-staking-mechanism-that-grants-equal-opportunities-to-all-validators/) and new staking model, the staking pools with 120, 150, and 180-day lifespans will be discontinued starting from October 3rd.
What this means for you:
These pools will no longer be available for new or additional staking after the mentioned date. Existing stakes in these pools will continue to earn rewards as normal until the end of their respective terms.
We apologize for any inconvenience this may cause and appreciate your understanding as we continue to improve and enhance the Tectum Ecosystem for long-term growth and security.
TET Price Changes After Event Publication
17.63%
1 day
25.86%
2 days
79.73%
Now (Added 4 months ago)
The event is about to begin
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Oct 4 01:37 (UTC)
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