Suspension of New Applications for DEP Staking

Digital Entertaiment Asset Pte. Ltd.
PlayMining
Published in
1 min readDec 26, 2023

We extend our heartfelt thanks for your ongoing support of PlayMining and DEP.

We would like to inform you that new applications for DEP staking, currently available on PlayMining NFT, will be suspended as of December 27 (Wednesday) at 10:59 (UTC+8).

This measure is part of our strategic review to enhance the value of DEP. In the future, we plan to consider a more beneficial form of staking for the entire DEP economy, taking into account the feedback from DEP holders, and aim to renew the system accordingly.

For those who have applied for staking by the above date, staking will continue as is. However, upon the expiration of the staking plan you have subscribed to, the staked DEP will be redeemed, and there will be no automatic renewal thereafter.

We will continue our efforts to enhance the value of DEP and greatly appreciate your ongoing support.

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Digital Entertaiment Asset Pte. Ltd.
PlayMining

We are issuing the crypto currency DEAPcoin and developing and operating the NFT x DeFi entertainment platform PlayMining.