Aleph.im incentives program migration

Darryl_Aleph
Aleph.im
Published in
3 min readSep 17, 2020

Aleph.im is excited to announce that we are taking one of the first steps of many toward our migration of standing up our aleph.im core channel nodes and staking.

Last night, staking on Kucoin Pool-X went live! Come participate in our incentive program with APR up to 54.75%* (*varies based on total staked) in preparation for the launch of aleph.im core channel nodes in Q4, 2020.

Join here to participate in Kucoin Pool-X aleph.im staking

Due to the Q4 migration to the aleph.im core channel nodes, aleph.im will cease POCM liquidity rewards in 10 days. We would like to ask our community members to withdraw their POCM rewards no later than 27 September. We would also like to request those of you that have dutifully run nodes to be prepared to shut those down no later than 27 September as we will no longer be providing rewards for their operation past that date.

Thank you

We would like to thank the NULS team, NULS community, and those that setup and ran nodes. Most NULS node owners that ran aleph.im nodes on the NULS network received more than 200,000 ALEPH from their staking and will be able to use those ALEPH to setup a new node on the aleph.im network Q4, 2020. Those that have at least 10,000 ALEPH will be able to stake in the new aleph.im nodes once they come online.

After 27 September 2020, we plan to use some of the rewards that were allocated towards POCM for several upcoming events. These will include Kucoin Pool-X staking, both spontaneous and planned give aways, and a couple of other ideas we are working on that we think the community will like.

Many thanks to all of you for your continued support and patience. Stay tuned and stay healthy!

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