stblnexus

Multi Factor Staking (MFS) 1.5 Rollout & Transition Update Following the successful deployment of the MFS 1.5 contract, this update provides additional clarity on the transition process and outlines key next steps to ensure a smooth and seamless migration for all users. MFS 1.5 has been developed to deliver improved long-term rewards, increased flexibility in staking durations, and enhanced sustainability for the broader ecosystem. The framework introduces an updated reward curve with multipliers of up to 5× and expanded lock options of 30, 60, and 90 days, enabling alignment between user staking preferences and commitment levels. Rewards & Unstaking from MFS Version 1: Users with unclaimed rewards in MFS Version 1 are required to complete the reward claim process first. Once rewards are claimed, the corresponding staked tokens will automatically unlock, enabling users to restake in MFS 1.5. This functionality will go live at 2 PM UTC today. Positions with unclaimed rewards will remain locked in Version 1 until the claim process is completed and will not continue to accrue rewards. For process efficiency, the unstake admin function will be executed once daily for the next 7 days, covering all claimed positions and maintaining a transparent and consistent migration process. Transition Rewards: To ensure fairness and continuity, all MFS Version 1 users, including those completing unstaking today, will receive one day’s equivalent reward as part of the transition. The reward distribution will be executed via airdrop within 7 days. The MFS 1.5 rollout has been structured to maintain transparency, fairness, and long-term system integrity. Community support and feedback continue to play a significant role in guiding the evolution of the MFS framework, contributing to a more resilient and rewarding ecosystem for all participants.