The Seventh Implementation of the Community-centric Delegation Campaign & the Second One-year Token Burn Plan!

Published in

IRISnet Blog

2 min readNov 6, 2020

In April 2020, the IRIS Foundation Rolled Out a Community-Centric Delegation Campaign & the Second One-Year Token Burn Plan.

The results of the seventh implementation are as follow:

IRIS Foundation made a distribution to delegators with an amount equal to their delegation rewards in September, distributed 679,286.9341 IRIS in total.
According to the situation of community delegation, the IRIS Foundation Eco-Development Fund has undelegated a net amount of 44.63 million IRIS from Jun. 1 to Oct. 31, and the IRIS Foundation carried out a burning of part of those IRIS tokens (8 million) on Nov. 5, 2020.
According to the Token Burn Plan, the IRIS Foundation burned delegation rewards of Eco-Development Fund on October 31, totally 2,114,680 IRIS.
The foundation set up the “Rainbow Validator” award, which will continually receive application forms. Congratulations to melea Staking-Pool for becoming our September Rainbow Validators.

More details can be found in irisplorer:

More details about delegator rewards distribution:

https://www.irisplorer.io/#/address/iaa1kww24xrc0ktleza6n3z3u4yenf0l6qxs0ymdxf

More details about special token burn:

https://www.irisplorer.io/#/tx?txHash=9E3E712DD53000A09F04F1FBB236F572F5E385AA75C9AB2DA8B99189B588B289

More details about planned token burn:

https://www.irisplorer.io/#/tx?txHash=1C860030AF13F307D417785B49C34E5D87BFAFB1C86FB7448FC37E37C3029D94

More details about Rainbow Validator rewards distribution:

Winner: melea Staking-Pool

https://www.irisplorer.io/#/address/iaa1kww24xrc0ktleza6n3z3u4yenf0l6qxs0ymdxf

The application form of Rainbow Validator rewards:

https://forms.gle/tRDcYeFue7rdeRWy7

*Validators who were not selected for the award are welcomed to re-apply, but please Re-fill the form and display your contributions for the past month.

Relevant information:

Announcement: one-year token burning plan