1/ Litentry Parachain will execute a rebalance transfer to the Token Bridge.
22 Mar 2023, 03:22
1/ Litentry Parachain will execute a rebalance transfer to the Token Bridge.
A transfer of 8,444,219 LIT from the Ecosystem Wallet to the Token Bridge will be executed in a few days. The purpose is to rebalance the Token Bridge Litentry and Litmus Parachains.
Same news in other sources
1LitentryLIT #585
22 Mar 2023, 03:24
Litentry Parachain will execute a rebalance transfer to the Token Bridge.
A transfer of 8,444,219 LIT from the Ecosystem Wallet to the Token Bridge will be executed in a few days. The purpose is to rebalance the Token Bridge Litentry and Litmus Parachains.
What purpose of rebalancing?
There are a total of 12M LIT on both the Litentry and Litmus Parachains, and there should also be 12M LIT locked on the corresponding Token Bridge to maintain the total supply of 100M LIT unchanged.
Litentry Parachain will execute a rebalance transfer to the Token Bridge.
Litentry Parachain will execute a rebalance transfer to the Token Bridge.
A transfer of 8,444,219 LIT from the Ecosystem Wallet to the Token Bridge will be executed in a few days. The purpose is to rebalance the Token Bridge Litentry and Litmus Parachains.
What purpose of rebalancing?
There are a total of 12M LIT on both the Litentry and Litmus Parachains, and there should also be 12M LIT locked on the corresponding Token Bridge to maintain the total supply of 100M LIT unchanged.