We're delighted to announce that refunds for the "Mutated Scientist" and "Lab Test NFTs" have now distributed to our valued minters. Your FLR tokens used for minting have been returned to you as promised. For transparency and to verify your refund, please visit the following link: https://flare-explorer.flare.network/address/0xB32772D4Fb556D2D02EFc4F4f5Fbb57CC131b185.
We deeply appreciate your patience and understanding throughout this process. Thank you for being an integral part of our community.
https://x.com/FAssets_/status/1766436338889580644?s=20
This refund is issued in accordance with the details outlined in our previous tweet, as shown below:
"Dear Community Members,
We regret to announce the discontinuation of our 10% NFT Rewards Program due to compliance requirements. To uphold our commitment to transparency and integrity, we propose full refunds to all NFT minters of "Mutated Scientist" and "Lab Test" NFTs. The refunds will be issued directly to the wallets that originally minted these NFTs, in FLR tokens equivalent to the amount initially sent for minting.
To ensure our community is fully informed and can express any concerns, we are initiating a 30-day notice period effective immediately, before processing the refunds. We encourage community members to reach out with any objections or concerns by no later than 11:59 pm AEDT on 7 March 2024. For example, concerns may arise if you purchased an NFT on the secondary market and did not directly transfer FLR tokens to us for minting. Under our proposed refund plan, secondary sale purchasers would need to liaise with the original buyer for their refund, due to our policy of not collecting personal information or verifying identities of minters or holders.
Absent any communicated objections within this period, we will proceed with the refund plan, issuing refunds from the wallet 0xB32772D4Fb556D2D02EFc4F4f5Fbb57CC131b185 on 8 March 2024. For updates or questions, please visit our Discord and social media channels [https://discord.gg/c7qvDZU6Gg]. "
Posted:
X: https://x.com/FLR_LABS/status/1754857462577135741?s=20
Discord:https://discord.com/channels/1081031544925323324/1081050563535446107/1204417064744394803
Additionally, we wish to inform you of a critical update regarding the 'chill' proposal's impact on our Flare and Songbird delegators within the Flare Time Series Oracle (FTSO) data provider network.
The Flare Foundation has approved the 'chill' proposal, and it will soon be implemented on our data providers at the following addresses:
Flare: 0x14b424Bc9E9B8091A40384ff3d8F0C3DfC1a2879
Songbird: 0x43f0a819dccddeb05a282c78027873ab5be35cf5
This action will modify the reward distribution for delegations made to our data providers. To continue receiving FTSO rewards, it is essential for delegators to redirect their delegation to alternative data providers not impacted by the 'chill' action.
We advise you to promptly reassess and adjust your delegation arrangements to ensure uninterrupted reward eligibility within the FTSO system.
We regret any inconvenience this necessary action may cause. This measure is crucial to safeguard your interests and guarantee the continuous accrual of rewards within the Flare Network.
Our commitment to transparency and integrity is unwavering. We are devoted to providing regular updates as the situation unfolds. Should you require assistance with reallocating your delegation, or if you have any inquiries, please do not hesitate to contact our support team via Discord or directly through our website.
Discord: [https://discord.gg/c7qvDZU6Gg].
Website: https://flrlabs.com
This notice is made in good faith and does not constitute legal or financial advice. FLR LABS does not accept any responsibility or liability for the consequences of the Flare Foundation's decision, and continues to pursue avenues to challenge the decision. You are responsible for seeking your own independent and professional advice and for mitigating any potential loss you may suffer, including redirecting your stake to alternate data providers as soon as possible.
Thank you for your understanding and continued support during these significant times.
Sincerely,
FLR LABS
Posted:
12:19 AM · Feb 7, 2024
X: https://x.com/FAssets_/status/1756525699173941702?s=20
Discord: https://discord.com/channels/1081031544925323324/1081050563535446107/1206085531038126190
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