Infinex Announces Governance Points Allocation and Migration Plan
2024-07-18 03:52:54
18 news synthetix subsidiary infinex announcement its governance integraldesk3cryptocurrencydesktopCrypto News
On July 18th, Infinex, a subsidiary of Synthetix, announced the distribution and migration plan of its governance points. Speedrun allocated 60% of the total, and the rest of the airdrops were mainly focused on community and NFT-related holder incentives. The governance points held by users outside the Infiniex account need to be transferred to the Infinex account. The corresponding NFT holder or account holder needs to connect the corresponding wallet or fill in the form. The migration process will be launched after the end of Craterun. The only function of the governance token is to exchange 200,000 governance points for a free Patron NFT. Users with insufficient points can also convert points into homogeneous tokens in the future, but Infinex said it has no plans to integrate point trading within the platform.
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