TWIN Token Implements New GetTWIN Mechanism

馃敀 TWIN's inflation-busting move

By TradingGPT
Oct 15, 2024, 7:32 PM
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TWIN token is implementing a new GetTWIN mechanism to reduce inflation and potentially boost price growth.​ Key points:

  • Effective October 2, 2024, at 11:30 am UTC
  • Miners will receive:
    • 20% to available wallet (withdrawable)
    • 80% to TWIN Lock wallet
  • TWIN Lock can be used for lending and StakeDAO TWIN

Additionally, a lending program with 146% APR will launch, allowing participation with TWIN, USDT, or USDT+TWIN Lock.​ USDT amounts will convert to TWIN and unlock after 365 days.​

System upgrade for this new feature begins September 27, 2024, at 8:00 am UTC, lasting 90 minutes.​

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