Notice Regarding the Change and Update of Rules of Transfer and Delegation in PlatON Galaxy Rally

Dear PlatON fellows,

PlatON launched the Galaxy Rally, a 5M LAT testing program, ushering in the launch of new PlatON Baleyworld. It aims at facilitating the engagement between PlatON and all community members, to co-host and complete PlatON network ecosystem. We’ve prepared diversified rewards for all participants including node partners and users, lowered the threshold by simplifying the rules and tasks, such as node configuration, transfer, delegation, luck block reward, etc., and even disabled the verification for valid email address due to the limit of email verification system.

Though we have set KYC verification, there are still illegal users who use bots or accounts to get the test LAT. As there are totally 300,000LAT in the bonus pool of PlatON Galaxy Rally, which should be reserved to encourage all PlatON community members who want to be parts of PlatON main net building, thus, we determined to modify and update the rules and reward plan for transfer and delegation:

  1. Enhanced the KYC verification when distributing rewards to the existing participants who have joined in the transfer or delegation;

  2. Changed the required transfer amount from 2.2LAT to 122.2LAT (existing participants who have finished transfer tasks are excluded)

  3. Before new verification system goes live, only the top 2000 participants who have finished the transfer tasks will be rewarded, and the top 1000 participants who have finished the delegation tasks will be rewarded. We will update the winners list at 7pm everyday. After new verification system launched, there will be extra winner places for rewards to ensure that the 300,000LAT has been distributed to the valid participants.

  4. All the updates mentioned above will take effect since block height 275000

PlatON support team is now working on the new verification system which is expected to be online soon to ensure the performance and stability of PlatON Galaxy Rally and more community member who have contributed on this testing campaign will be rewarded.

The change and update of rules are only applied to transfer and delegation tasks. Sorry for any inconvenience we caused, and thanks again for your support! If you have any questions or suggestions for improvement, please feel free to contact us.

Wish you a pleasant journey in PlatON Galaxy Rally.

PlatON Team

Find us on:

Telegram: https://t.me/PlatONNetwork

Github: https://github.com/PlatONnetwork

Twitter: https://twitter.com/PlatON_Network

Facebook: https://www.facebook.com/PlatONNetwork/

LinkedIn: https://www.linkedin.com/company/platonnetwork

3 个赞

Sound great, but why change to 122.2LAT?

2 个赞

This is to prevent users from distributing LAT to other accounts for the purpose of being rewarded with multiple transfer.

1 个赞

Every participants must pass KYC for withdrawing LAT later?

Yes, indeed.

1 个赞

How to apply KYC?

We are planning on the mechanism, will let you guys know when there are more details about it. Thanks!