On-chain trading terminal Genius, backed by YZi Labs, said its second season has ended after distributing 173 million GP points, equal to 6.055% of the total GENIUS token supply. The remaining 0.945% will be burned automatically. A refund window will open at 11:00 EST on Oct. 6 and run until 11:00 EST on Oct. 11. Users who request refunds can recover the trading fees they paid, but they will forfeit the GP points earned during Season 2, and the corresponding GENIUS tokens will be permanently burned. Users who do not request refunds will have a separate five-day window starting Oct. 12 to choose between unlocking their airdrop allocation immediately with an 85% reduction, or locking tokens for 24 months to receive the full airdrop amount. The update was carried by Techub News and attributed to Wu Blockchain.
Genius, an on-chain trading terminal backed by YZi Labs, said its second season has ended after distributing 173 million GP points, representing 6.055% of the total GENIUS token supply. The remaining 0.945% will be burned automatically.
A refund window will open at 11:00 EST on Oct. 6 and remain available until 11:00 EST on Oct. 11. Users who apply for refunds can recover the fees they paid, but they will lose the GP points earned in Season 2, and the corresponding GENIUS tokens will be permanently burned.
Users who do not request refunds will have a five-day window starting Oct. 12. During that period, they can either unlock their airdrop allocation immediately after taking an 85% reduction, or lock for 24 months to receive the full airdrop.
The update was published by Techub News and attributed to Wu Blockchain.
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