Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Jump to bottom

Upgrade token deposit max time length #111

Merged
merged 1 commit into from
Nov 27, 2024
Merged

Upgrade token deposit max time length #111

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
2 changes: 1 addition & 1 deletion docs/community/orgs/ktondao.md
View file
Open in desktop
Original file line number Diff line number Diff line change
@@ -1,6 +1,6 @@
# Overview

[KTON](https://coinmarketcap.com/currencies/darwinia-commitment-token/) is a token that incentivizes users to deposit their [RING](https://coinmarketcap.com/currencies/darwinia-network/) token for a specific period of time. On the Darwinia chains, users can deposit their RING for up to 36 months on the [Darwinia Staking App](https://collator-staking.darwinia.network), and in return, they receive KTON as a reward. The initial supply of KTON is zero, and it is only created when users deposit their RING tokens. Once acquired, KTON can be used to participate in the KtonDAO staking and governance processes.
[KTON](https://coinmarketcap.com/currencies/darwinia-commitment-token/) is a token that incentivizes users to deposit their [RING](https://coinmarketcap.com/currencies/darwinia-network/) token for a specific period of time. On the Darwinia chains, users can deposit their RING for up to 12 months on the [Darwinia Staking App](https://collator-staking.darwinia.network), and in return, they receive KTON as a reward. The initial supply of KTON is zero, and it is only created when users deposit their RING tokens. Once acquired, KTON can be used to participate in the KtonDAO staking and governance processes.

!!! warning
Please note that users cannot undeposit their RING during the committed period unless they pay a penalty of the amount of KTON they have received. Therefore, users have the flexibility to choose the deposit period and receive KTON in return during the RING staking process.
Expand Down
Loading