KuChain Will Use the Kratos Testnet Development Reserve to Recover the Amount of Punished KTSt

Dear KuChain Community,

In response to Kratos’ on-chain proposal, KuChain team will use the Kratos Testnet Development Reserve to recover the amount of punished KTSt for both Kratos nodes and KTSt holders, with a recovery ratio of 1:1.

For users delegated KTSt through the Pool-X governance platform, Pool-X will distribute the corresponding KTSt (with a recovery ratio of 1:1) to users’ Pool-X accounts within 6 working days (before 8pm on January 5, 2021 (UTC+8)). The distributed KTSt includes the amount of punished KTSt initially delegated on the following nodes: wetez123456, hashquark123, bitcatbitcat, kratos. In addition, Pool-X has distributed the KTSt (with the ratio of 1:1) delegated on the “poolxstaking” node on December 30, 2020 (UTC+8). Please check the recovery on your Pool-X account.

For users delegated KTSt through Awake Wallet, KuChain team will directly distribute the punished KTSt, with a ratio of 1:1, to your Awake Wallet address within 6 working days (before 8pm on January 5, 2021 (UTC+8)) . Please check the recovery on your Awake Wallet account.

The detailed figures will be published in the next KuChain Biweekly Report. Before that, users can also autonomically query related data on KuChain Block Explorer.

Thanks for your support and understanding.

KuChain Team

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