Lorenzo Protocol (@LorenzoProtocol): 1/ We know the community has been looking forward to yLRZ rewards. We’re actively preparing the distribution, and before it goes live, we’d like to sh…
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- BANK+50Positive
1/ We know the community has been looking forward to yLRZ rewards. We’re actively preparing the distribution, and before it goes live, we’d like to share the planned arrangement yLRZ is an additional $BANK reward introduced in the Babylon Staking Campaign’s Cap1 and Cap2 phases to thank early supporters. There are two prize pools: -Cap1: $1.5M worth of $BANK (21M $BANK, 1% supply) -Cap2: $3M worth of $BANK (42M $BANK, 2% supply) The pools were set by converting the committed USD amounts ($1.5M / $3M) into BANK using the reference FDV from the Cap1 & Cap2 campaign periods. Market value may fluctuate, but the token amounts remain fixed. Here’s how it works 🧵