SFT Announcements
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Welcome to our official updates, news, and content-only channel! To chat with the community, head to @SFTProtocol
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πŸ“’ Dive into the thrilling world of the DePIN movement with us! πŸš€ We'll shine a spotlight on the innovative solutions from @SFTProtocol and the contributions of @iotex_io, @EMCprotocol, and @metablox. 🌟 Mark your calendars for March 17th at 1pm UTC and set your reminder here: https://twitter.com/i/spaces/1DXGyjVVaANJM . Don't miss out on exploring the potential of #DePIN with us! πŸ’Ό
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Dear SFT Chain Community Members,

SFT Chain is currently undergoing a contract upgrade, expected to be completed around March 18, 2024, at 13:00 (UTC+8).

During this upgrade, staking and one-click staking functionalities may be affected. We ask for your patience during this process.

If you have any questions or require assistance, please feel free to contact the SFT Chain customer support team.

SFT Chain Team
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SFT Chain Daily - 2024-03-18
🎯SFT Protocol Weekly Report | March 11th to March 17th

πŸ“ˆStatistics TVL : $29,399,022.48
Total FIL staked : 3,118,597.90 FIL
FIL Average APR : 15.74%; Average APY : 17.55%; Average LP APY: 45.47%

πŸ”₯Campaigns:
βœ…Partnership with SoonVerse🀝
βœ…Celebrating the Network's DeFi projects⭐️
βœ…Dive into the heart of #DePIN with #CESS, featuring insights from @iotex_io, @EMCprotocol, @SFTProtocol, @metabloxπŸ”₯
βœ…Excited to share our latest deep dive into the #SFTChain Sushi-LP Staking Liquidity Pool!πŸŽ‰
βœ…SFT Chain Infrastructure CESS Pre-launch AnnouncementπŸŽ‡

πŸ“– Check complete report: https://link.medium.com/wVgZx8OJ3Hb
πŸ”ˆ SFT Chain Update Announcement πŸ”ˆ

Dear SFT Chain Community Members,

We are excited to announce the official launch of the SFT Chain invitation incentives, accompanied by a series of significant updates:

1. Referrers will receive rSPD rewards equivalent to the FIL amount their referred friends deposit when participating in the 6-month fixed-term farm staking.

2. New addresses that deposit β‰₯ 50FIL for 6-month fixed-term staking and have no prior interactions with FEVM blockchain contracts will instantly receive 50 rSPD rewards.

3. We have optimized the minimum GAS limit, and operations on SFT Chain, such as staking, are no longer restricted to having 1 FIL balance for GAS.

4. The one-click staking feature has been upgraded, eliminating the need for a second signature from users.

If you need assistance or have any questions, please contact the SFT Chain customer support team promptly.

SFT Chain Team
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πŸ”ˆ SFT Chain Infrastructure IO.NET Launch Announcement πŸ”ˆ

Dear SFT Chain Community Members,

We are pleased to announce the official launch of the SFT Chain Infrastructure IO.NET, scheduled for March 20, 2024, at 18:00 (UTC+8).

Participation Details:

1 .Equipment Scale: 50 units of 3080 GPUs.(Participate in testing only, invalid after mainnet launch)

2. Participation Method: Limited to one participation per address, with a total of 40 shares available, each at 500 rSPD. The participating rSPD will be sent to a burn address for destruction.

Risk Advisory: Please be aware that the IO.NET rules are still in the process of being finalized, presenting considerable risk, and the rewards may be uncertain or non-existent. We advise caution in participation as SFT Chain will not be liable for risks beyond the hardware infrastructure.

For inquiries, please contact the SFT Chain customer support team.

SFT Chain Team
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πŸ”ˆ SFT Chain Infrastructure IO.NET Launch Update πŸ”ˆ

Dear SFT Chain Community Members,

We are excited to announce that the SFT Chain Infrastructure IO.NET was officially launched on March 20, 2024, at 14:00 (UTC+8).

Participation Details:

1. Equipment Scale: 50 units of 3080 graphics cards, exclusively for the test phase and will not be valid after the mainnet launch.
2. How to Participate: Each address is allowed one participation, with a total of 40 shares available, each for 500 rSPD. The rSPD used for participation will be sent to a burn address for destruction.
3. Risk Advisory: Be aware that the rules for IO.NET are still under clarification, posing significant risks. The rewards might be uncertain or null, so please proceed with caution. SFT Chain will not assume liability for risks beyond the hardware infrastructure.

For any questions, please contact the SFT Chain customer support team.

SFT Chain Team
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SFT Chain Daily - 2024-03-21
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SFT Chain Infrastructure ALEO Launch Announcement

Dear SFT Chain Users,

We are excited to announce that the ALEO infrastructure of SFT Chain is scheduled to launch on March 22, 2024, at 18:00 (UTC+8).

Participation Details:

1. ALEO Infrastructure: The total scale of the ALEO infrastructure test equipment is 800k P/S, divided into two phases. Phase 1 involves 300k P/S, with an expected burn of 150k rSPD, and Phase 2 involves 500k P/S, with an expected burn of 450k rSPD.

2. Post-Launch: Once the ALEO mainnet is live, the early participants in the hardware infrastructure will be the first to activate, enjoying 365 days of infrastructure services, with all rewards allocated to them.

3. Participation: Participants can contribute any amount of rSPD to join the ALEO hardware infrastructure nodes. Rewards will be distributed based on the amount of rSPD contributed, with all participating rSPD being burned.

4. Additional Infrastructure: An additional 800k P/S ALEO device service nodes will be established, with the revenue rights belonging to the reserve pool.

5. Testnet Rewards: If the ALEO testnet offers rewards, they will be allocated to the participants.

6. Phased Approach: Following the completion of the first phase of infrastructure participation, the second phase will commence based on the prevailing circumstances.

7. Mainnet Impact: If the ALEO mainnet goes live during the first or second phase, the ongoing infrastructure exchange service will be halted, and subsequent activities will be conducted according to ALEO's official rules.

For assistance or any queries, please contact the SFT Chain customer support team.

SFT Chain Team
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SFT Chain Daily - 2024-03-22
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πŸ”ˆ SFT Chain Hardware Infrastructure ALEO Launch Notification πŸ”ˆ

Dear SFT Chain Users,

We are delighted to announce that the SFT Chain hardware infrastructure ALEO is now officially live.

Should you require assistance or have any questions, please do not hesitate to contact the SFT Chain customer support team.

SFT Chain Team
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Discover how SFT Protocol's DePIN innovation is revolutionizing sectors from energy to telecommunications, showcasing real-world benefits and efficiencies.

Through blockchain integration, SFT Protocol is forging a path for decentralized solutions, enhancing daily life with reliable and accessible services. For a deeper insight into how we're leading the DePIN evolution, visit http://sft.network

✨ SFT Protocol | Website | X | Discord | CMC
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Embrace DePIN with SFT Protocol for unmatched security, efficiency, and innovation in managing physical infrastructures.

We extend beyond traditional sectors, impacting areas like decentralized storage, cloud computing, content delivery networks, smart cities, renewable energy, and digital communications, driving forward a community-powered, decentralized future.

Discover the breadth of SFT Protocol's influence in redefining connectivity and sustainability across diverse industries. Learn more about our pioneering efforts in the DePIN landscape at http://sft.network. #SFTChain #RealWorldDePIN #SFTImpact #SFTProtocol

✨ SFT Protocol
| Website | X | Discord | CMC
πŸ”ˆ SFT Chain Announcement πŸ”ˆ

Dear SFT Chain Users,

We are pleased to inform you that the SFT Chain has successfully completed the CESS-2P storage node.
πŸ‘‰ Click to verify

We will gradually launch the next phase of CESS infrastructure nodes based on the actual situation, so please stay tuned for the official announcement regarding the specific timeline.

If you need assistance or have any questions, do not hesitate to contact the SFT Chain customer support team.

SFT Chain Team
SFT Protocol is catalyzing DePIN's societal evolution, enhancing connectivity across urban and rural landscapes, advancing sustainable development, and streamlining healthcare and education through decentralized infrastructure.

We're not just reshaping society; we're pioneering a movement towards a more interconnected, efficient, and equitable world. Discover the full spectrum of our transformative impact and the diverse applications of DePIN in various sectors at http://sft.network.

✨ SFT Protocol | Website | X | Discord | CMC
Celebrate with us and the @InitVerse team on Galxe to win 200 USDT plus 200 $rSPD!

Join our special partnership celebration by completing a few simple social tasks.

πŸ‘‰ Enter now: https://galxe.com/SFTProtocol/campaign/GCR9StTanL

Act fast - this opportunity won’t last! Wishing you the best of luck! πŸŽ‹

✨ SFT Protocol | Website | X | Discord | CMC
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Finalizing our exploration of DePIN with SFT Protocol: a week-long journey culminates as we look ahead to a future dominated by SFT's pioneering in decentralized, interconnected ecosystems.

Expect groundbreaking progress as we further sculpt the DePIN landscape. What innovative milestones will DePIN and SFT accomplish moving forward? Remain involvedβ€”the future is brimming with potential.

Discover the full spectrum of our transformative impact and the diverse applications of DePIN in various sectors at sft.network.

✨ SFT Protocol | Website | X | Discord | CMC
7 Ways to Earn rSPD Points:

1. πŸ‘‰ Fixed-term Farm Staking: Participate in fixed-term farm staking to earn ten times the daily FIL rewards in rSPD.

2. πŸ‘‰ Referral Rewards: Refer friends to participate in 6-month fixed-term farm staking, and instantly receive rSPD rewards equal to the FIL deposited.

3. πŸ‘‰ New Address Rewards: New addresses depositing β‰₯50FIL for 6-month fixed-term staking, with no prior FEVM blockchain contract interactions, will immediately receive 50 rSPD.

4. πŸ‘‰ rSFT Staking: Stake rSFT in the Pool to earn double the daily FIL rewards in rSPD.

5. πŸ‘‰ SuShi-LP Staking: Stake SuShi-LP to partake in the daily total release of 2000 rSPD.

6. Events: Earn airdrops by actively participating in community events.

7. Swap for rSPD: Exchange on SushiSwap.

For a Swap-rSPD video tutorial, click here.

To swap for rSPD, click here.

rSPD contract address (FEVM) : 0x97AAe66a1D2a41eAC573397B7a5656a9cF3E5616

rSPD contract address (BSC): 0x3958BE0c308F9be63F5116aA0Ee92d4531bac21E
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πŸ”ˆ SFT Chain Feature Upgrade Announcement πŸ”ˆ

Dear SFT Chain Community Members,

To further enhance your user experience, SFT Chain has completed the latest feature upgrades on our platform:

1. New Features: Added real-time price display for rSPD and updated the APR calculation method.
2. Technical Enhancement: Integrated RPC polling technology.
3. Design Optimization: Componentized the APR functionality for improved modularity.
4. Interface Improvement: Introduced new page loading animations for a sleeker user experience.

Should you encounter any issues or have questions during use, please do not hesitate to contact the SFT Chain customer support team, who are always ready to assist you.

Sincerely,
The SFT Chain Team
πŸ”ˆ Upcoming Launch: SFT Chain DePIN Infrastructure πŸ”ˆ

Dear SFT Chain Users,

1. SFT Chain DePIN Infrastructure Launchpad is set to launch:

Launch Date: Scheduled for April 3, 2024 (UTC+8 SG)

Value Capture: There will be three 8-hour value capture sessions daily. During these periods, users can stake any amount of rSPD to earn rewards in SMH, AR, CESS, ALEO, and more.

Reward Distribution: Rewards will be allocated based on the proportion of rSPD staked by users.

Earnings Calculation: Settlements will be based on real-time over-the-counter prices, with a specific discount of 15% (initially, subject to adjustment via DAO governance), deducting the corresponding amount in USDT-based rSPD for burn. Unburned rSPD will automatically carry over to the next value capture phase.

Value Capture Scale: Initially set at 4Pib of SMH (to be gradually increased), with daily SMH production going entirely into the reward pool.

2. Upcoming Updates from SFT Chain:

AR Infrastructure Testing: The AR infrastructure of SFT Chain has entered the List project phase and is currently in the testing stage.

DAO Governance Launching Soon: Prior to the SFT Chain mainnet launch, rSPD will temporarily hold governance rights. Stay tuned for further announcements on detailed rules.

For any inquiries or assistance needed, please contact the SFT Chain customer support team.

SFT Chain Team
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🎯SFT Protocol Weekly Report | March 25th to March 31th

πŸ“ˆStatistics TVL : $33,533,999.25
Total FIL staked : 3,303,842.29 FIL
FIL Average APR : 16.14%; Average APY : 15.30%; Average LP APY: 24.28%

πŸ”₯Campaigns
βœ…Join our special partnership celebration by completing a few simple social tasks.πŸŒ™
βœ…Major Update from #SFTChain!πŸ†™
βœ…Finalizing our exploration of DePIN with SFT ProtocolπŸ”₯
βœ…SFT Protocol is catalyzing DePIN's societal evolutionπŸŽ‡
βœ…Milestone Achieved: SFT Chain's DePIN Network Evolution.πŸš€

πŸ“– Check complete report:https://link.medium.com/2vnDb68MqIb