Updates on our Staking Program and ROND Rewards

How is our Staking Program Going?

The staking function was released on February 7, 2022, and we have received 30 million MVs, far exceeding our initial expectation of 2.5 million MVs.

We were very pleased with the response, which exceeded our expectations.

We would also like to take this opportunity to thank all the moderators and volunteers in each community, who have been so kind as to explain to others how to use the English staking function, and how to install the MetaMask wallet, which is a prerequisite. All of this even while the Polygon network temporarily locked down due to the amount of access from Japan exceeding the network’s capacity from the overwhelming response.

Revision of ROND Dividends

The ROND dividend ratio has been revised at 14:00 on February 15, 2022 (UTC+8).

ROND will soon be listed on a DEX, and will use the ROND/USDT Pool for swapping. The initial target price will be 0.1 USDT.

We had originally planned to allocate a ROND dividend of nearly 20% APR (annualized yield) on our originally estimated 2.5 million MV, but we ended up collecting 12 times the expected amount, resulting in a dividend rate that was much lower than the originally planned APR.

As the staked amount is still very volatile and the amount of ROND to be allocated for staking dividends is limited, we have only made a small adjustment to improve the amount of dividends provided.

We will revise the ROND payout again on February 22, 2022. We will gradually optimize the amount of ROND and release measures to increase the value of ROND itself.

Thank you for your continued support.

Community

Telegram community : https://t.me/gensometamain
Discord community: https://discord.gg/gensometaverse
Twitter community : https://twitter.com/genso_meta
LINE community : https://lin.ee/fRx2vvE

The Gensokishi Online Project will continue to provide blockchain game fans with the latest information on the project.