Ecosystem Update. @RadLockio has secured the $15,000 Babylon Booster Grant.
05 Dec 2023, 12:05
š Ecosystem Update š
@RadLockio has secured the $15,000 Babylon Booster Grant! ā
RadLock delivers a robust suite of tools that safeguards project liquidity, facilitates token distribution & offers a rigorous project vetting process.
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05 Dec 2023, 12:19
šØ With further analysis we've decided to make a parameter change to rDPX v2 by removing the existing 2% delegate bonding fee at around 18:00 UTC today!
āØ This removal will reduce the cost for users bonding solely with rDPX, as delegates will no longer need to account for the protocol fee.
š¹ Delegate fees will apply only to the rDPX portion of the bond (e.g., a 10% fee on a 0.75 ETH/10 rDPX bond applies to the 10 rdpx (10% of 10 = 1 rDPX).
This update aims to streamline & simplify the bonding process. We advise all users and delegates to adjust their strategies accordingly.
Happy Bonding!
With further analysis we've decided to make a parameter change to rDPX v2 by removing the existing 2% delegate bonding fee at ar
šØ With further analysis we've decided to make a parameter change to rDPX v2 by removing the existing 2% delegate bonding fee at around 18:00 UTC today!
āØ This removal will reduce the cost for users bonding solely with rDPX, as delegates will no longer need to account for the protocol fee.
š¹ Delegate fees will apply only to the rDPX portion of the bond (e.g., a 10% fee on a 0.75 ETH/10 rDPX bond applies to the 10 rdpx (10% of 10 = 1 rDPX).
This update aims to streamline & simplify the bonding process. We advise all users and delegates to adjust their strategies accordingly.
Happy Bonding!