The CheckDot multichain expansion took a step forward today.
07 Mar 2023, 10:04
The CheckDot multichain expansion took a step forward today; the $CDT smart-contract has been officially integrated and verified on #Arbitrum blockchain.
Arbitrum is an #L2 blockchain designed to improve the capabilities of Ethereum smart-contracts by https://t.co/Oik6gKNAIY…
Same news in other sources
2Wrapped MinimaWMINIMA #9923
07 Mar 2023, 10:21
Incentive Reward Payout Update
Hello Minimalists!
I bring you an update today about Incentive Reward Payouts. This is a long one, please read to the end!
When Will You Receive Your Native Minima?
We have been working hard behind the scenes to get you your Native Minima and have encountered a problem that despite all efforts, we cannot overcome.
As you know, we are currently in the middle of our Presale where we are selling WMINIMA which is 1:1 with MINIMA.
This obstacle means native MINIMA cannot be traded before the exchange listing date for WMINIMA on the 21st March 2023.
The only way for us to legally comply is to only begin the distribution of your native Minima Rewards on the 21st March 2023. This is the date at which distribution will now begin.
Bonus MINIMA For Everyone - Incentive Reward Balance Calculations
In light of this, we are giving every Minimalist that is able to withdraw a minimum Bonus of 50 MINIMA on top of what they have already earned. We will also be including the Incentive Rewards to you for the period up to the 21st March.
We also recognise that during Testnet the Incentive Reward System was at times unreliable. For this reason we will be treating every node as if it were connected and pinging every single day since your account was created, even if you had days where your node was offline for some reason.
We are finalising the numbers now, the vast majority of you will be very pleased with the increases in your Incentive Reward Balances 🙂
Example:
You first connected your node to Incentive Rewards 100 days ago, you will get 100 MINIMA.
This also extends to every node that used your invite code. Provided that those you invited have passed Verify, you will receive Invite Rewards as if their node was running every day.
Example:
You invited two nodes that each ran for 50 days and they have Verified. You earn 0.1 MINIMA for each day those 2 nodes were active, so you will get 10 MINIMA as Invite Rewards.
When Can I View My Final Balance & Submit a Withdrawal Request
The final balances will be updated by 12:00 UTC this Wednesday, March 8th 2023.
At the same time, we will be making the Incentive Payout MiniDapp available for download to you, where you can request withdrawal of your Rewards to your wallet.
You can request withdrawal before the 21st March but we will first start processing them on March 21st 2023. Once processed, your Rewards will show in your Wallet MiniDapp.
Maintaining, Backing Up and Securing Your Nodes
Once you submit your Withdrawal Request your Wallet Address is locked in. We cannot change it… If you lose your node after this point and cannot recover it, you will lose your coins.
So please, before you submit your Withdrawal Request, ensure you have:
1. Written down your seed phrase
2. Taken a backup of your node (please do not use special characters in your backup password)
3. If you have encrypted your keys using the Vault, please ensure you can unlock it and relock it.
This is your personal responsibility. If you fail to do so, we cannot help you, we won’t be able to recover your coins.
We will be holding a security Workshop on Thursday 9th March, so if you are unsure about what to do, please do not start the Withdraw process until after your have attended the Workshop or watched the recording.
You can more detail on how we are calculating final balances and how Verify fits into the Payout Process for those still waiting to complete here:
Nearly there Minimalists!
Your Minima Team
Incentive Reward Payout Update. Hello Minimalists. I bring you an update today about Incentive Reward Payouts.
Incentive Reward Payout Update
Hello Minimalists!
I bring you an update today about Incentive Reward Payouts. This is a long one, please read to the end!
When Will You Receive Your Native Minima?
We have been working hard behind the scenes to get you your Native Minima and have encountered a problem that despite all efforts, we cannot overcome.
As you know, we are currently in the middle of our Presale where we are selling WMINIMA which is 1:1 with MINIMA.
This obstacle means native MINIMA cannot be traded before the exchange listing date for WMINIMA on the 21st March 2023.
The only way for us to legally comply is to only begin the distribution of your native Minima Rewards on the 21st March 2023. This is the date at which distribution will now begin.
Bonus MINIMA For Everyone - Incentive Reward Balance Calculations
In light of this, we are giving every Minimalist that is able to withdraw a minimum Bonus of 50 MINIMA on top of what they have already earned. We will also be including the Incentive Rewards to you for the period up to the 21st March.
We also recognise that during Testnet the Incentive Reward System was at times unreliable. For this reason we will be treating every node as if it were connected and pinging every single day since your account was created, even if you had days where your node was offline for some reason.
We are finalising the numbers now, the vast majority of you will be very pleased with the increases in your Incentive Reward Balances 🙂
Example:
You first connected your node to Incentive Rewards 100 days ago, you will get 100 MINIMA.
This also extends to every node that used your invite code. Provided that those you invited have passed Verify, you will receive Invite Rewards as if their node was running every day.
Example:
You invited two nodes that each ran for 50 days and they have Verified. You earn 0.1 MINIMA for each day those 2 nodes were active, so you will get 10 MINIMA as Invite Rewards.
When Can I View My Final Balance & Submit a Withdrawal Request
The final balances will be updated by 12:00 UTC this Wednesday, March 8th 2023.
At the same time, we will be making the Incentive Payout MiniDapp available for download to you, where you can request withdrawal of your Rewards to your wallet.
You can request withdrawal before the 21st March but we will first start processing them on March 21st 2023. Once processed, your Rewards will show in your Wallet MiniDapp.
Maintaining, Backing Up and Securing Your Nodes
Once you submit your Withdrawal Request your Wallet Address is locked in. We cannot change it… If you lose your node after this point and cannot recover it, you will lose your coins.
So please, before you submit your Withdrawal Request, ensure you have:
1. Written down your seed phrase
2. Taken a backup of your node (please do not use special characters in your backup password)
3. If you have encrypted your keys using the Vault, please ensure you can unlock it and relock it.
This is your personal responsibility. If you fail to do so, we cannot help you, we won’t be able to recover your coins.
We will be holding a security Workshop on Thursday 9th March, so if you are unsure about what to do, please do not start the Withdraw process until after your have attended the Workshop or watched the recording.
You can more detail on how we are calculating final balances and how Verify fits into the Payout Process for those still waiting to complete here:
https://discord.com/channels/562272317930209280/1062676819620413500
Nearly there Minimalists!
Your Minima Team
CheckDotCDT #1599
07 Mar 2023, 10:06
The CheckDot multichain expansion took a step forward today; the $CDT smart-contract has been officially integrated and verified on Arbitrum Blockchain.
Arbitrum is an L2 blockchain designed to improve the capabilities of Ethereum smart-contracts by boosting their speed and capabilities and it's already used by top notch DeFi's.
Arbitrum blockchain allows us to run unmodified EVM contracts and Ethereum transactions on the second layer, while we still benefit from Ethereum's excellent layer 1 security.
Arbitrum uses a technique known as transaction rollups to record batches of submitted transactions on the Ethereum main chain, and execute them on a cheap, scalable layer 2 sidechain while leveraging Ethereum to ensure correct results.
👉 CheckDot Arbitrum Contract:
👉 Tweet:
The CheckDot multichain expansion took a step forward today.
The CheckDot multichain expansion took a step forward today; the $CDT smart-contract has been officially integrated and verified on Arbitrum Blockchain.
Arbitrum is an L2 blockchain designed to improve the capabilities of Ethereum smart-contracts by boosting their speed and capabilities and it's already used by top notch DeFi's.
Arbitrum blockchain allows us to run unmodified EVM contracts and Ethereum transactions on the second layer, while we still benefit from Ethereum's excellent layer 1 security.
Arbitrum uses a technique known as transaction rollups to record batches of submitted transactions on the Ethereum main chain, and execute them on a cheap, scalable layer 2 sidechain while leveraging Ethereum to ensure correct results.
👉 CheckDot Arbitrum Contract: https://arbiscan.io/token/0x0cBD6fAdcF8096cC9A43d90B45F65826102e3eCE
👉 Tweet: https://twitter.com/Checkdot_proto/status/1633046003858251776?t=LOZCHnm-53hz3iUxPPB84g&s=19