For anyone who finds themselves in the Cardano ecosystem, the phrase ‘ISPO’ is unavoidable. With the help of the Cardano Proof of Stake mechanism, blockchain technology is becoming a more accessible and scalable network, where smart contract developments enable communities to get behind projects and expedite their development safely.
With only 25 EPOCHs remaining, Flickto’s ‘ISPO Remastered[1]‘ has done exceptionally well, and the team is pleased to report that the stake pool has now reached approximately 50 million ADA! As a way of appreciation and thanking delegators and future delegators, Flickto[2] is announcing new rewards for their ISPO Remastered! The new rewards will be in the form of a snapshot of the last 25 EPOCHs remaining, and we’ll go over how the new system works in this article.
Before we get started, it’s essential to understand that these additional incentives are in addition to the current rewards system; hence, the current bonus FLICK rewards you’ll receive from ISPO Remastered will remain the same. Flickto is simply increasing the rewards for all delegators, as a way of saying thanks, promoting decentralization and improving representation for their first round of voting. .
As you may be aware that Flickto’s current rewards systems work in the structure of:
ISPO Remastered began: EPOCH 321 (February 14, 2022)
ISPO Remastered ends: EPOCH 353 (July 24, 2022)
Base Rewards:
- 0.33 FLICK per ADA per EPOCH staked
- 1 NFT every 5 EPOCHs (100 ADA minimum stake)
The rebooters
- This group will receive NFTs at the end of the ISPO Remastered
- % Bonus FLICK
- Early access to NFTs
Long term delegators bonus
- 20% when staked for 30 EPOCHS
- 15% when staked for 25 EPOCHS
- 10% when staked for 20 EPOCHS
So, what