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MintID Holders Alert: Big Update on Staking Rules!

MintID, as an important NFT asset in the Mint Blockchain ecosystem, has attracted widespread attention from Minters since its launch. Its staking mechanism not only grants holders direct airdrop benefits but also serves as a key component of ecosystem empowerment. However, as the ecosystem continues to evolve, we have received feedback from many community members who hope for a more flexible staking mechanism while ensuring that all holders can fairly enjoy ecosystem rewards.

To further optimize user experience and maximize the benefits for MintID holders, we are announcing an important adjustment to the MintID staking rules. This update introduces greater flexibility and extends the claim period for MintID staking rewards, allowing more users to participate and receive greater returns.

To ensure that MintID holders can manage their NFT assets more flexibly, starting from May 31, 2024, at 8:00 AM (UTC), all holders will be free to choose whether to continue staking their MintID or to unstake and retrieve their NFT.

This adjustment means that Minters are no longer restricted by mandatory staking. Users can make decisions based on their personal investment strategies and expectations for the Mint ecosystem. This provides greater flexibility and diversifies how MintID can be utilized within the ecosystem.

As the Mint Blockchain mainnet continues to grow, MintID will gain more practical use cases and ecosystem value. The official team has announced that unstaked MintID will receive additional ecosystem empowerment:

  • MintID will be mapped to a Mint mainnet NFT
  • Additional features and benefits will be unlocked in future ecosystem developments

For users who continue to stake their MintID, their NFT will remain highly valuable and continue to receive future ecosystem benefits.

Additionally, the first 5,000 MintID holders who staked early have already received a Minty NFT airdrop. Minty is not only an NFT collection within the Mint Blockchain ecosystem but also the official native IP of Mint Blockchain.

The next 5,000 Minty NFTs will be airdropped to the first 5,000 users who successfully synthesize Mint-eNFT. This airdrop aims to reward users who participate in $MINT staking and restaking, supporting the long-term development of the Mint ecosystem.

To ensure that more users have the opportunity to participate in staking, we have decided to extend the MintID staking deadline to August 1, 2024, at 8:00 AM (UTC).

During this period, users who continue staking can still claim their MINT airdrop rewards. At the same time, users who unstake their MintID before this deadline can still claim the MintID NFT on the Mint mainnet.

MintID holders can participate in staking by locking one or multiple MintIDs. Only staked NFTs are eligible for $MINT airdrop rewards. If staking is not completed before this deadline, Ethereum-based MintID NFTs will lose all future rights, including utility in the Mint ecosystem.

If you have not yet staked your MintID, please complete the process on Mintpool as soon as possible to ensure your NFT assets retain their ecosystem benefits!

As the Mint ecosystem continues to expand, the official team will keep optimizing the Mint Blockchain ecosystem to bring Minters a fairer, more open, and more prosperous NFT experience. We encourage all holders to actively participate and witness the growth of Mint Blockchain together!

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