Genius said Season 2 has officially ended, with 173 million Genius (GP) distributed during the campaign, equal to 6.055% of the $GENIUS token supply. The project added that the remaining 0.945% that was not distributed will be burned automatically.
The team also rolled out a full refund option in response to community requests. The refund window will open from 11:00 a.m. ET on Oct. 6 to 11:00 a.m. ET on Oct. 11. Users who apply for a refund will receive a 100% return of platform fees, give up their Season 2 points, and the tokens bought back through that process will be permanently burned.
Users who do not request a refund will enter a second five-day window starting Oct. 12. During that period, they can either unlock their allocation immediately with an 85% deduction, or lock the tokens for 24 months to receive 100% of their airdrop allocation.
Genius has officially closed Season 2. The project said it distributed 173 million Genius (GP) during the season, representing 6.055% of the $GENIUS token supply. The remaining 0.945% that was not distributed will be burned automatically.
In response to community requests, the team introduced a full refund option. The refund window will run from 11:00 a.m. ET on Oct. 6 to 11:00 a.m. ET on Oct. 11. Users who choose a refund will receive a 100% return of platform fees and give up their Season 2 points. Tokens repurchased through that process will be permanently burned.
Users who do not apply for a refund will be able to choose between two claim options during a second five-day window starting Oct. 12. They can either unlock their allocation immediately with an 85% deduction, or lock it for 24 months and receive 100% of the airdrop allocation.
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