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ASTAR Staking v3 Upgrade Complete Notice


Hello, due to the Staking v3 update of the ASTAR Network, there are some changes in the GROW ASTR Staking feature. 



Please review the following information:


  1. Auto Staking Feature Changes With the change in ASTAR Network's Staking policy, the Network's Auto Staking feature can no longer be used. GROW is currently developing its own Auto Staking feature to address user inconvenience, and we will provide additional guidance once it is completed.

  2. Changes due to Staking v3 Upgrade With the upgrade to Staking v3, ASTR that was staked in v2 will have its Voting unlocked, and rewards will not be distributed. GROW will take measures to continue reward distribution by conducting a comprehensive Voting process. To receive Staking rewards, both Staking and Voting procedures must be completed.

  3. Staking v3 Reward Distribution and Voting Era Guidance In Staking v3, there is a period for voting across the entire network, and a separate period for reward distribution, rather than immediate rewards upon staking. The durations for each period are subject to fluctuations based on the network's status. Detailed information regarding this will be provided through future announcements.



We are making efforts with this update to provide a more effective and stable service. If you have any questions or need additional information, please feel free to contact us at any time.







 

About GROW


Singapore-based GROW offers top-notch reward rates so that clients can safely grow their wealth on a leading global platform for lending and borrowing crypto assets. Additional company information and details on the GROW app can be found by visiting www.grow3.io.

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