| The Staking Event That Will Change Everything This Summer
Stellar is exclusively launching Staking for an elite club of the first 11 500 owners to register and get approved. The Staking Event can be accessed starting June. The rewards for participation will be two-fold: standard inflation mechanism & time-restricted staking mechanism. Both implemented and guaranteed by the Stellar Foundation. For the purposes of the Staking Event, a total of 6.02 Billion XLM have been reallocated from the Stellar Development Foundation's inflation accounts. Due to the time-restrictive nature of the event, if the reserve is not met within 45 days, all remaining Lumens will be transferred back to the Foundation's reserve accounts. Your approximated rewards in XLM will be instantly sent to your Stellar account.
With this launch we're hoping to give back to our loyal community and all longterm holders specifically.
Note: We cannot guarantee availability to this offering. Registration will close after the first 11500 applicants have been approved. Act accordingly.
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