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VYB Announcement: @x-1pob-1vyb is out of VYB || Claim ratio is now 2 POB / 1 VYB

VYB Announcement: @x-1pob-1vyb is out of VYB || Claim ratio is now 2 POB / 1 VYB


As described in the initial VYB white paper, 1,000,000 VYB were set aside to potentially be claimed using POB, with a variable claim rate. In particular, the 1,000,000 VYB were set aside as follows:

  • First 150,000 VYB, exchangeable for POB at the rate of 4 VYB for every 1 POB
  • Next 99,999 VYB, exchangeable for POB at the rate of 3 VYB for every 1 POB
  • Next 100,000 VYB, exchangeable for POB at the rate of 2 VYB for every 1 POB
  • Next 300,001 VYB, exchangeable for POB at the rate of 1 VYB for every 1 POB
  • Next 50,000 VYB, exchangeable for POB at the rate of 1 VYB for every 2 POB
  • Next 50,000 VYB, exchangeable for POB at the rate of 1 VYB for every 3 POB
  • Next 50,000 VYB, exchangeable for POB at the rate of 1 VYB for every 5 POB
  • Next 50,000 VYB, exchangeable for POB at the rate of 1 VYB for every 8 POB
  • Next 50,000 VYB, exchangeable for POB at the rate of 1 VYB for every 12 POB
  • Next 50,000 VYB, exchangeable for POB at the rate of 1 VYB for every 17 POB
  • Next 50,000 VYB, exchangeable for POB at the rate of 1 VYB for every 23 POB

The VYB were claimable from the following accounts, with the currently-remaining amount of VYB (as of the writing of this post) shown in parantheses:


@onealfa claimed the last of the VYB tokens from the @x-1pob-1vyb account (1 POB / 1 VYB) yesterday and @trostparadox has claimed the first 10,000 VYB from the @x-2pob-1vyb account (2 POB / 1 VYB). As such, as of the writing of this post, a total of 440,834 POB have been exchanged for 660,000 VYB using the POB-for-VYB claim procedure. That leaves 40,000 VYB claimable at the 2 POB / 1 VYB rate.

So, if you want to claim VYB at the 2 POB / 1 VYB rate, you can send POB (minimum 100 POB per transaction) to @x-2pob-1vyb and the appropriate amount of VYB will be sent back to you within 24 hours (as long as an adequate amount of VYB tokens remain in that account). (NOTE: the ‘market’ memo feature will no longer be utilized for any of the above accounts. If a given account is out of VYB, then any POB tokens sent to that account will simply be returned to the sender.)

Of course, as always, VYB can also be purchased on the open market using SWAP.HIVE.


[1]



Creative Commons


[1]

Creative Commons Licence

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Comments · 6

  • @holovision(73)· 1693d

    Due to VYB's logo being under a Creative Commons BY-NC-SA 4.0 license and the 5% or more rule referencing someone else's art or work when minting an NFT on proofofbrain.io I need to ask your permission to mint this design I made as a Limited Reproduction Rights NFT. Can I get my use of the VYB logo approved by you please? Thanks.

    hive_vyb.gif

  • @ghua(54)· 1695d

    where can I delegate my VYB to?

  • @barski(77)· 1696d

    Good afternoon. Unfortunately, I don't see a link to the Discord for technical questions, and I have to go off topic, sorry. The second day curatorial and author's rewards do not get into the wallet, the last mention of them in the wallet is "the day before yesterday", is this a global problem, or have I violated some rules?

  • @mineopoly(71)· 1699d

    There seems to be a price for everything.

  • @coffeelovers(64)· 1699d

    Wow this looks really impressive development. Lot of confidence is being placed in #vyb token. Happy to see this swap when market prices are almost the same

  • @thisismylife(77)· 1699d

    I was still staking POB when receiving them, this makes me wonder, if VYB is to complement POB (I read you mention that in a comment recently) why would you swap them to VYB? Just curious as I try to understand the reason :)