- Log in to vyvowallet.com, which is the platform that hosted the staking process.
- Input your VSC wallet address in the designated field. This ensured that you would receive your staking rewards in your preferred VSC wallet. (You could modify the address until June 22nd, 2023)
- Wait until June 22nd, 2023, which is when the staking process began.
Please note:
- The eligibility criteria for the staking airdrop is to have a minimum of 500 Boosted Vyvo on Vyvo Wallet.
- All token tank accounts were dismissed on June 22nd, 2023.
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Airdrops from VSC are completely free.
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Holders of Boosted Vyvo have been awarded a free airdrop of VSCX in the equivalent amount of their Vyvo tokens.
What is $VscX and what can I do with it?
$VSCx is a receipt token which is a tokenized representation of the stake of $VSC that is held by a user.
Here is how you can use $VSCx:
- Redeeming $VSCx: after 24-month from the airdrop date, users can unlock the staked $VSCx back into $VSC, along with its staking rewards (+36%).
- Transfer $VSCx liquid stake: you can transfer $VSCx to anyone at any point during the 24-month lock-in period.
Please note:
- To find the airdrop date, go to InPersona > Wallet > VSCX. In the VSCX transaction history, locate the specific airdrop transaction to check the date.
- When transferring VSCX to another wallet, the airdrop's starting date remains the same, therefore, the 24-month count starts from the original airdrop date.
- The transaction History is only visible on the VSCX page of the original owner. The new recipient's transaction history will not reflect any information about the transferred VSCX.