Dear users,
SunSwap will terminate liquidity mining on January 28, 2022 (SGT) and make adjustments to the rules governing the distribution of mining rewards. At the same time, the new pool will go live on SUN.io. Details are as follows:
1. Liquidity Mining
Liquidity mining on SunSwap will be closed on January 28, 2022 at 20:59:59 (SGT), following which no more rewards will be generated. Previous rewards will be distributed according to the adjusted rules, and you can still claim your rewards in SunSwap > Liquidity Pool.
2. Adjustments to Reward Distribution Rules
- Mining rewards generated before 21:00:00 on January 21, 2022:
- 1/6 of the rewards can be claimed at any time;
- The remainder will still be unlocked over a 24-week period, with the unlocking frequency changed from 1/24 of the rewards every week to 1/6 every four weeks. The portion unlocked last week (from 21:00:00 on January 14 to 20:59:59 on January 21) will be distributed on January 25, followed by distribution at four-week intervals on February 22, March 22, April 19, and so on.
- Mining rewards generated between 21:00:00 on January 21, 2022 and 20:59:59 on January 28, 2022:
- 1/6 of the rewards can be claimed at any time;
- The remainder will be unlocked together on February 22, 2022.
For previous mining rules, please see How Does the Liquidity Mining Work?
3. New Mining Pool on SUN.io
The upcoming new mining pool on SUN.io will support both V1 and V2 LP tokens, with more details to follow in its launch announcement. Stay tuned!
Thank you for your support!
SUN Team
January 21, 2022