The Seventh Implementation of the Community-centric Delegation Campaign & the Second One-year Token Burn Plan!

By Cosmos Network Family and Friends | Cosmos Community | 6 Nov 2020

In April 2020, the IRIS Foundation Rolled Out a Community-Centric Delegation Campaign & the Second One-Year Token Burn Plan.

The results of the seventh implementation are as follow:

IRIS Foundation made a distribution to delegators with an amount equal to their delegation rewards in September, distributed 679,286.9341 IRIS in total.
According to the situation of community delegation, the IRIS Foundation Eco-Development Fund has undelegated a net amount of 44.63 million IRIS from Jun. 1 to Oct. 31, and the IRIS Foundation carried out a burning of part of those IRIS tokens (8 million) on Nov. 5, 2020.
According to the Token Burn Plan, the IRIS Foundation burned delegation rewards of Eco-Development Fund on October 31, totally 2,114,680 IRIS.
The foundation set up the “Rainbow Validator” award, which will continually receive application forms. Congratulations to melea Staking-Pool for becoming our September Rainbow Validators.

0b580148a155945b4abedb93af965141013412f7005762337a0effda3052e54e.png

More details can be found in irisplorer:

More details about Rainbow Validator rewards distribution:

Winner: melea Staking-Pool

https://www.irisplorer.io/#/address/iaa1kww24xrc0ktleza6n3z3u4yenf0l6qxs0ymdxf

The application form of Rainbow Validator rewards:

https://forms.gle/tRDcYeFue7rdeRWy7

*Validators who were not selected for the award are welcomed to re-apply, but please Re-fill the form and display your contributions for the past month.

Relevant information:

Announcement: one-year token burning plan

How do you rate this article?

Cosmos Network Family and Friends

The Cosmos Network is a decentralized network of independent, scalable, and interoperable blockchains, creating the foundation for a new token economy. Please enable JavaScript to continue to the Cosmos website. The foundation for a new token economy.