The Decision to Postpone the QGas Distribution

Kepple
Kepple (previously QLC Chain)
2 min readMay 27, 2019

Dear QLC holders and supporters,

Recently, while doing final code reviews of the staking contract, the team discovered an issue that could potentially impact asset security of staked QLC tokens. Putting the security of our holders’ assets in the first place, the team has made the decision to postpone the staking start time for 10 more days, from the originally planned May 28th to June 7th.

This is a decision that hasn’t been made lightly, but that will give us enough time to ensure a safe staking environment for all our holders.

Apologies to all for the short notice and any inconveniences this postponement may cause.

For supporters

To express our gratitude for your understanding, we will distribute all the Q-Gas earning, which is accumulated and deserved Q-Gas for the missing 10 Days in one go, on June 8th.

This means that Q-Gas generation is in fact activated from 28 May on QLC Chain main net, and postpone the action of staking and distribution of the Q-GAS

Correspondingly, the Q-GAS/USDT trading pair listing will also be postponed to June 8th.

Timeline

Staking portal open at 00:00:00, UTC June 7th, 2019

First Q-Gas distribution at 00:00:00, UTC June 8th, 2019

Postpone QLC staking

Thank you for your support again,

QLC Team

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Kepple
Kepple (previously QLC Chain)

Kepple (previously QLC Chain) Brings Web3 features on the BNB Chain to Social Media platforms through an All-In-One Extension