The Iskra team has been hard at work on our Third Governance Voting that covers Proposal #3, which seeks to restructure the token economy of our P-NFT staking to ensure its long-term sustainability.
After going through several voting stages participated by KOLs and Iskra DAO members, Proposal #3 has passed, and below are the changes that will be applied as a result of Iskra’s Third Governance Voting.
The P-NFT contract will be upgraded on September 26, 2023 to reflect the changes, while the changes themselves will be implemented starting September 29, 2023 (11:00:00 UTC).
Please note that the upcoming changes are only applicable to the matters subject of the Third Governance Voting. All other existing terms and conditions that govern P-NFT remain unchanged.
Here are the upcoming key changes you can expect:
These changes reflect Iskra’s goal to make the P-NFT staking reward system compelling and attractive for every P-NFT holder to stake – whether they bought early or purchased later on.
For those who are willing to invest in the long-term growth of Iskra, they will be encouraged to continue staking their P-NFTs because the longer they stake, the more rewards they can get.
For those who purchased their P-NFT later on, they will be encouraged to stake them as the rewards allocated to un-staked P-NFTs will be distributed to the remaining staked P-NFTs.
At the end of the day, the restructure of the P-NFT staking reward system is designed to help us sell out all P-NFTs, while providing due rewards to every P-NFT holder who staked.
About Iskra
Iskra is a single-destination Web3 game platform for developers and players that rewards them for their contribution and participation through a unique community system on the blockchain. This allows stakeholders to take a major part in building the platform for future growth.
Current services include a wallet, DEX, marketplace, NFT Mission Card (daily reward), governance staking and voting, and soon-to-launch Web3 casual and hyper-casual games.
Backed by some of the biggest technology and video game companies in South Korea, Iskra ranks in the top categories for gaming in DappRadar for unique active wallets per day and engagement.
Explore the future of play!