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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🎁 SFT Chain Activity Announcement 🎁

Dear SFT Chain Users,

We are excited to announce the launch of the first SFT DAO Participation Incentive Program! We invite you to join and earn exclusive rewards.

How to Participate:
Use a new address to join the SFT DAO proposal, with each address staking at least 1,000 rSPD.

Reward Rules:
At the end of the event, a snapshot will be taken, and rewards will be airdropped to the top 100 eligible new addresses.

Reward Pool: 10,000 rSPD

Deadline: November 18, 2024, 11:00 AM UTC

For more details and to participate, visit the SFT DAO Governance Page.

If you have any questions or need assistance, please feel free to reach out to the SFT Chain support team.

Sincerely,
SFT Chain Team
πŸ”ˆ SFT DAO Proposal Announcement πŸ”ˆ

Dear SFT Chain Community,

A new proposal will soon be initiated to allocate the remaining 5% airdrop share (2,261,681.76453 rSPD) to the farm staking reward contract.

Proposal Details:
Total rSPD Distributed: 1,966,250.35547
Total rSPD Burned: 772,067.88
Cumulative rSPD Produced: 2,738,318.23547
Remaining Airdrop Share: 2,261,681.76453

Under this proposal, the remaining airdrop share of 2,261,681.76453 rSPD will be allocated entirely to the farm staking reward contract.

Voting Details:
Start Time: November 22, 2024, 11:00 UTC
End Time: November 27, 2024, 11:00 UTC

Voting Options:
-For
-Against
-Abstain


Minimum Votes Required: 100,000

Proposal Type: Standard DAO Proposal

We encourage all community members to participate in the voting process and help shape the future of the SFT ecosystem!

For more details, visit the SFT DAO Governance Page: https://sft.network/#/Governance

Sincerely,
SFT Chain Team
πŸŽ‰ SFT Chain MiniApp 2.0 Launch Announcement πŸŽ‰

Dear Community,

We’re thrilled to announce the test version of SFT Chain TG MiniApp 2.0 will be launched today at 12:00 PM UTC! The official version will be launched on November 24, 2024, at 8:00 AM UTC.

Key Information:
Test Version Rewards: All rewards earned during the test phase will remain valid and will not be cleared.
Features and Benefits: Enjoy new user incentives, game rewards, and NFT fragment collection just as in the official version.

Highlights:

1. New User Incentives: Complete tasks to earn points (SIP), which can be redeemed for rSPD. Earn bonus rewards for accumulating 8,000 SIP.

2. Game Rewards: Participate in games to collect NFT fragments. Redeem 10 fragments for a full NFT and enjoy exclusive benefits, including DePIN project access, monthly airdrops, early product access, and more.

Task Rewards:
- Join Telegram: 800 SIP
- Visit the Website: 1,000 SIP
- Follow Twitter: 1,200 SIP

Conversion Rate:
500 SIP = 1 rSPD
Redemption Process: All SIP will be automatically converted into rSPD every Monday.

How to Join:
1. Access the MiniApp via the link.
2. Complete tasks in the Networks module to start earning rewards.

Thank you for your continued support! For assistance, contact our support team.

SFT Chain Team
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🎁 Exciting SFT Chain Event Announcement 🎁

Dear SFT Chain Community,

To celebrate the successful launch of the SFT Chain TG MiniApp 2.0, we are delighted to introduce a limited-time rewards campaign packed with benefits!

Event Highlights:
Engage in MiniApp activities to earn points and collect NFT fragments. Gather 10 fragments to redeem a full NFT, unlocking a world of exclusive advantages, including:

1.Priority access to DePIN initiatives.
2.Monthly mystery airdrops.
3.Early access to cutting-edge products and features.
4.Potential value appreciation in secondary markets.

Task Rewards:
Complete simple tasks to earn SIP points:

1. Join our Telegram group: 800 SIP
2. Visit our official website: 1,000 SIP
3. Follow us on Twitter: 1,200 SIP

Incentive Structure:
The top contributors will receive rSPD rewards based on their total points:

1. Top 5 earners: 250 SIP = 1 rSPD
2. Rank 6–20 earners: 500 SIP = 1 rSPD
3. Beyond rank 20: 1,000 SIP = 1 rSPD

How to Participate:

1. Access the MiniApp via this link: SFT MiniApp.
2. Complete the listed tasks under the Networks section to start earning points immediately.

Submission Deadline:
December 2, 2024, at 10:00 UTC.

We sincerely appreciate your support and enthusiasm for SFT Chain. Stay tuned for more exciting activities, and let’s make this campaign a memorable one!

If you need any assistance, feel free to contact our support team.

Best regards,
SFT Chain Team
πŸ”ˆ SFT Chain Announcement πŸ”ˆ

Dear SFT Chain Community,

We want to inform you that a total of 17,448.3 WQUIL in rewards is still available for claim. Please be aware that all unclaimed rewards will expire on December 5th, 2024. Any rewards left unclaimed after this date will be forfeited.

To ensure the continued growth and stability of the SFT Chain ecosystem, all unclaimed WQUIL rewardsβ€”amounting to 17,448.3 WQUILβ€”will be used for an rSPD buyback and burn. This will help increase the value of rSPD and further strengthen the ecosystem.

πŸ”— Claim Your Rewards Now: Don't miss out on securing your rewards and helping to fuel the future of SFT.

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

Thank you for your continued support!
SFT Chain Team
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πŸ”ˆ SFT Chain MiniApp Upgrade Announcement πŸ”ˆ

Dear Community Members,

The SFT Chain MiniApp is currently undergoing a scheduled upgrade to enhance system stability and functionality. During this time, some features may experience temporary disruptions.

Expected Completion Time:
November 27, 2024, at 3:00 AM (UTC)

If you encounter any issues, please reload the MiniApp or wait 10 minutes before trying again.

We apologize for any inconvenience caused and appreciate your patience during this process. For further assistance, feel free to contact the SFT Chain support team.

Thank you for your attention.
SFT Chain Team
πŸ“Š Poll Time! Let’s Hear from You!

Which crypto feature excites you the most?
1️⃣ NFTs
2️⃣ Staking
3️⃣ Decentralized Apps
4️⃣ Other (Comment below!)

πŸ’¬ Cast your vote and tell us why in the comments! Your voice shapes the future of SFT Protocol. πŸš€

✨ SFT Protocol | Website | X (Twitter) | Discord | CMC
πŸ”ˆ SFT Chain MiniApp Upgrade Announcement πŸ”ˆ

Dear Community Members,

We are pleased to announce that the scheduled upgrade of the SFT Chain MiniApp has been successfully completed. The system is now more stable and efficient, offering an improved user experience.

Thank you for your patience and continued support as we strive to provide you with the best possible service.

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

SFT Chain Team
πŸ¦ƒπŸ Happy Thanksgiving from the SFT Family! πŸπŸ¦ƒ

This season, we're thankful for YOUβ€”our incredible community. Together, we've built more than just a decentralized future; we've created a family driven by innovation and shared dreams. πŸ’–

As we reflect on our journey, we're excited about the path aheadβ€”unlocking the limitless potential of SFT and DePIN. πŸš€βœ¨

Let’s continue building, dreaming, and innovatingβ€”together. Thank you for being part of this amazing adventure! 🌟

#Thanksgiving #Gratitude #SFTProtocol #DePIN
πŸ”ˆ SFT DAO Proposal Announcement πŸ”ˆ

Dear SFT Chain Community,

We are excited to present Proposal 3: Building a Value Forging Mechanism to further strengthen and promote the sustainable development of the SFT ecosystem.

Proposal Overview: The goal of this proposal is to capture diversified values and implement a "forging" process that achieves multiple objectives, including value consolidation, irreversible destruction, and liquidity expansion. This will contribute to the long-term growth and stability of the SFT ecosystem.

Forging Methods:

rSPD Buyback: Captured value will be used for token buybacks to support the market stability and vitality of rSPD.

Liquidity Injection: rSPD and SOL will be added to a contract to form a trading pair, acquiring liquidity tokens (LP). These LP tokens will then be permanently destroyed by transferring them to a "black hole" address.

The value capture pool will focus on assets within the POW and DePIN sectors, with the possibility of exploring additional areas in the future to help sustain the ecosystem's value.

Special Reward for New Addresses: New addresses participating in this vote will receive a 5% staking reward for their participation.

Voting Details:

Start Time: November 29, 2024, 11:00 UTC
End Time: December 2, 2024, 11:00 UTC

Voting Options:
- For
- Against
- Abstain
We encourage all community members to participate and vote on this proposal to help shape the future of the SFT ecosystem.

For more details, visit the SFT DAO Governance Page: https://sft.network/#/Governance

Thank you for your continued support!
SFT Chain Team
🎁 Scores Redemption Event Announcement 🎁

Dear SFT Chain Users,

We are pleased to announce that the scores redemption for rSPD event is happening again!

How to Participate: You can check it by sending "Score" in the group. Then please truthfully fill out your Telegram ID, scores, and SOL wallet address in the following form, along with attaching a screenshot of your scores.

Form Link: https://forms.gle/MD7DEyGs5oSe6qrBA

Prize Pool Quantity: 800 rSPD

Redemption Rules: The redemption ratio for participants will be determined based on the ratio of their individual points to the total points participated.

Deadline: December 2, 2024, 10:00 AM (UTC).

Please note that all points will be reset after 10:00 AM on December 2 (UTC), so be sure to fill out the form promptly.

Thank you for your support!

SFT Chain Team
πŸ”ˆ SFT Chain MiniApp Announcement πŸ”ˆ

Dear SFT Chain community,

Please be informed that the rewards for MiniApp participants will be distributed at 8:00 AM UTC tomorrow.

Due to the frequent crashes caused by the large number of scripts running, we have decided to temporarily suspend the MiniApp. We will be conducting a deep upgrade to improve its performance and stability. The reopening time will be announced in due course.

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

Best regards,
SFT Chain Team
πŸ”ˆ SFT DAO Proposal 3 Voting Results πŸ”ˆ

Dear SFT Chain Community,

We are pleased to announce the results of Proposal 3: Building a Value Forging Mechanism. The voting has been approved, and we appreciate all community members who participated!

Voting Summary:

Total Votes: 100,063.27
For: 100,063.27
Against: 0
Abstain: 0

The goal of this proposal is to capture diversified values and implement a "forging" process that achieves multiple objectives, including value consolidation, irreversible destruction, and liquidity expansion. This will contribute to the long-term growth and stability of the SFT ecosystem.

Best regards,
SFT Chain Team
πŸ”ˆ SFT Chain Announcement πŸ”ˆ

Dear SFT Chain Community,

To enhance the user experience, we are pleased to announce the latest updates to the SFT Chain website:

1. Updated Homepage Layout
2. New Team Introduction Page
3. Adjusted Default RPC Configuration
4. Bug Fixes

Experience the updates now:
https://sft.network

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

Sincerely,
SFT Chain Team
πŸ”ˆ SFT Chain Announcement πŸ”ˆ

Dear SFT Chain Community,

As of December 5th, 2024, the claim period for the Phase 2 DePIN-Quilibrium WQUIL rewards has ended. Final figures are as follows:

Total WQUIL Claimed: 82,815.5345
Unclaimed WQUIL: 16,030.4653

The unclaimed rewards have been utilized for an rSPD buyback through the following process:

Liquidity Injection: rSPD and USDT were added to a contract to form a trading pair, acquiring liquidity tokens (LP).

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

SFT Chain Team
πŸ”ˆ SFT DAO Proposal Update πŸ”ˆ

Dear SFT Chain Community,

We are pleased to inform you that Proposal 2: Allocating the Remaining 5% Airdrop Share has been successfully completed.

As outlined in the proposal, the remaining 5% airdrop share (2,261,681.76453 rSPD) has been allocated to the farm staking reward contract, contributing to the further development of the SFT ecosystem.

Key Highlights:

Total rSPD Distributed: 1,966,250.35547
Total rSPD Burned: 772,067.88
Cumulative rSPD Produced: 2,738,318.23547
Remaining Airdrop Share: 2,261,681.76453

Thank you to all who participated in the voting process! Your involvement is helping to shape the future of the SFT ecosystem.

For more details, visit the SFT DAO Governance Page: SFT DAO Governance

Sincerely,
SFT Chain Team
SFT AMA Alert! πŸ”₯

Get ready for an exciting live session all about SFT Protocol Staking!

πŸ“… Date: 10th December, 2024
⏰ Time: 10 AM UTC
πŸ“ Where: https://discord.gg/QZHTjYAAbX

πŸ’¬ Have questions? Drop them below, and we’ll answer them live! Plus, 10 lucky winners will receive a 500 rSPD reward! Don’t miss it!

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

Dear SFT Chain Community Members,

We would like to inform you of the updates to the Farm Liquidity Pools on SFT Chain:

1. Deposit Function Suspension: The deposit functionality for the FEVM Network Pool liquidity is currently paused. However, the FIL redemption option remains available, allowing users to withdraw their funds.
2. rSFT Reward Suspension: The distribution of rSFT rewards for the FEVM Network Pool will be temporarily suspended.
3. Introduction of Points System: A new Points System will be implemented. Points are awarded based on the duration of rSFT holdings. The longer the holding period, the higher the points. Accumulation of points will cease once a user stops holding rSFT.

Points System Details:

1. Non-transferable and Non-tradable: Points represent the user’s contribution and cannot be traded or transferred.
2. Redemption Rights: Points can be redeemed for future benefits. The redemption system is expected to launch in Q2 2025, with further details and rules to be announced closer to the date.
3. Calculation Method: Points are calculated based on the length of time rSFT tokens are held:
- 0-30 days: Points multiplier = 1
- 30-60 days: Points multiplier = 1.4
- 60-90 days: Points multiplier = 2.2
- 90-120 days: Points multiplier = 3.8
- Over 120 days: Points multiplier = 6

If you have any questions or need assistance, please contact the SFT Chain Support Team.

Best regards,
SFT Chain Team
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Merry Christmas & Happy New Year from SFT Protocol! πŸŽ„πŸŽ†

Thank you for being part of our journey in 2024. As we celebrate the holidays, we’re excited for what’s to come in 2025β€”new milestones, innovations, and opportunities together!

Enjoy our festive surprises and let’s make the new year unforgettable. 🌟

#MerryChristmas #HappyNewYear #SFTProtocol

✨ SFT Protocol | Website | X (Twitter) | Discord | CMC
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Happy New Year 2025! πŸŽ‰

A new year means new opportunities in the crypto space. πŸ›Έ Let’s make this year the best yet with SFT Protocol!

#HappyNewYear #SFTProtocol
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🎁 Scores Redemption Event Announcement 🎁

Dear SFT Chain Users,

We are pleased to announce that the scores redemption for rSPD event is happening again!

How to Participate: You can check it by sending "Score" in the group. Then please truthfully fill out your Telegram ID, scores, and SOL wallet address in the following form, along with attaching a screenshot of your scores.

Form Link: https://forms.gle/Z6NFavz3cNURc9TW7

Prize Pool Quantity: 800 rSPD

Redemption Rules: The redemption ratio for participants will be determined based on the ratio of their individual points to the total points participated.

Deadline: January 6, 2025, 10:00 AM (UTC).

Please note that all points will be reset after 10:00 AM on January 6 (UTC), so be sure to fill out the form promptly.

Thank you for your support!

SFT Chain Team
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