Dear Pinkchain community,
This is a surprise announcement for our miners specially those who have been here with us from starting of this project and helped us to test our network. And still being with us keeping good faith and looking forward to this project on a long run basis.
We are enabling our Staking Platform live from 11:00 AM (UTC) today exclusively for miners for next 18 days on our mainnet. Below are the details of our staking platform.
🔹 ALLOCATIONS: 500,000 PINK COINS
🔹 RUN TIME: 18 DAYS (Approx)
🔹 START TIME: 11:00 AM (UTC) 28-Oct-2022
🔹 PER BLOCK REWARD: 5 PINK COINS
All the above calculations are made considering average block time is 15sec. If per block time increases then this staking pool will run longer and if per block time decreases then staking pool might end sooner.
This has been done to encourage our miners to stake their mined coins until our bridge is ready.
Thank you and have a great day!