Based on feedback from the community:
1) SRM airdrop size UP from 2 SRM / 500 FTT --> 3 SRM / 500 unlocked FTT each week.
2) These SRM airdrops will be in locked SRM, unlocking over the next 7 years.
3) As always, total over time will be 500m SRM.
help.ftx.com/hc/en-us/artic
Conversation
Sam you are the best ceo I ever know. Great decision!
GIF
read image description
ALT
3
Seems like a bad deal for $FTT holders. Rewards x1,5 for a 7 year lock is a pretty poor trade.
Btw: Does it unlock after 7 years, or over a 7 year period?
Would rather have the tokens liquid.
1
3
Replying to
Locked SRM (1-7 year) means SRM that is fully locked until 2021-08-01 and unlocks linearly over the 6 years after that.
1
1
3
Show replies
This is great. 2 SRM was too much for an uncommited reward. Increase reward but ensure a more long term commitment seems to be a fair solution
2
Thank you Sam for always having the interest of your supporters at investors at heart.
1





