New Snapshot: Flux-o-Ween Returns!
Last Halloween, we took a dual snapshot that rewarded all Flux-holders and introduced two new parallel assets to the ecosystem. Get ready, as Flux-o-Ween is making a comeback!
For all stakeholders to experience the benefits of a truly decentralized ecosystem, Web3 products and applications must be able to interact and exchange tokens or data regardless of their native blockchain. This way, users are allowed to more than just a few specific platforms. At the same time, developers are empowered to leverage the varied strengths of different blockchains in building highly-scalable and multi-dimensional applications.
In this context, Flux’s parallel assets act as interoperable bridges fostering cross-platform development opportunities and chain inclusivity, allowing users to explore new platforms and access their unique advantages. (Here’s a quick read if you are new to parallel assets).
This Halloween, Flux is taking a new snapshot! Holding $FLUX during the Flux-o-Ween snapshot qualifies you to receive tokens of the new parallel asset upon its official launch.
With the addition of the new parallel asset, Flux will now be available on ten blockchains and provide users with easy access to all significant DeFi platforms. As originally stated in our whitepaper, this will be the final Flux parallel asset to be airdropped.
How to Participate:
The snapshot for the tenth parallel asset will occur on the 31st of October, 2023.
To qualify, you must hold $FLUX in your Zelcore wallet at the time of the snapshot. All holders are eligible, including users with Flux locked up in CoinMetro, FluxNodes, or Titan Nodes.
The reward for the new parallel asset will be approximately 4% of your Flux holdings at the time of the snapshot. The more Flux you hold, the more Parallel assets you can earn. Unlike previous snapshots, however, the following parallel asset will be announced soon.
Happy Flux-o-Ween!!!
To stake your Flux on Titan nodes, check out this article. You can also get started with FluxNodes here. Need to download Zelcore wallet?
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Flux is redefining the future of the decentralized internet by bridging the tech barrier and allowing end-users to interact easier with the Web3 ecosystem. We are innovating to power the free web smarter, better, and at affordable prices.