The first phase of staking for the
$Seal to Earn platform
#IBO has ended, with nearly 50% of
$Seal staked.
The first active staking phase for the Launchpad platform IBO (
seal2earn.xyz) has ended today, with nearly 50% of
$Seal staked. The first staking lock will begin now, lasting for seven days. The total Seal supply is 21M, and 11,674,233.47 Seals were staked in this phase.
The IBO, developed and operated by the Seal community, is the first Launchpad platform in the BTC ecosystem. The platform will initially support RGB++ Layer assets, allowing users to stake
$Seal to earn project tokens. In the future, the IBO platform will also include the broad UTXO ecosystem such as BCH and Dogechain, initiating a wave of Bitcoin Finance (BTCFi) supported by smart contracts.
The first Seal to Earn project token is STB (Stable++), with a total supply of 21M. 20% of STB will be airdropped to
$Seal stakers on the IBO platform. 2% of the tokens will be released after one week, and the remaining 18% will be released over the next four months.