ParaState is pleased to announce to all users who participated in the public round offering of its $STATE token that the first tranche with 30-day lockup terms is ready for claim.
Parastate, a multi-chain smart contract platform bridging the application and developer ecosystems between different chains and Ethereum, has provided the necessary guidelines so that users can make a claim on their STATE tokens using their Ethereum address indicated in the Republic public sale through the following public link on GitBook:
Claim Your STATE With One Click — ParaState
Remember that you should preferably use the Chrome Metamask extension to be able to access the claim portal from your Chrome or Brave browser (depending on your preference) to connect your account to the claim portal.
Similarly, all users must previously have added the STATE token to Metamask to see their STATE token balance reflected on Metamask once they click on Unlock Your Tokens on the claim portal.
This 1st tranche of the STATE Token lockup (30-day lockup terms) is ready to be claimed on the expiration date, 24:00 UTC, March 2nd.
A total of 1,812,0343.59 STATE tokens are expected to be unlocked in this first tranche, as part of the scheduled distribution timeline of the IDO held on Republic on January 12, 2022.
The next tranche will be unlocked within a 90-day lockup period starting on February 1, 2022 at UTC 00:00.
A third section is scheduled to be unlocked later within a 180-day lockup period started on February 1,2022 at UTC 00:00.
Similarly, Ambassadors, hackathon winners and validators can access the ParaState claim portal to be able to claim their respective STATE tokens directly to their non-custodial Metamask wallet.
Go to this link to claim your STATE tokens according to the category that corresponds:
https://claim.parastate.io
Importantly, ParaState found two invalid Ethereum ERC20 wallet addresses from the list of participants for the Republic offering. For this reason, the ParaState team urges these two participants to resubmit a valid wallet address through Republic.
Known as Ethereum on steroids, ParaState is a multi-chain smart contract platform bridging the application and developer ecosystem between Polkadot, Substrate and Ethereum, as well as other chains wanting to provide Ethereum compatibility. While supporting the EVM pallet to provide seamless compatibility with all existing Ethereum applications, ParaState also provides developers with a next-gen smart contract implementation environment, Ethereum-flavored WebAssembly. These two infrastructures are ensured to talk to each other and share the same account system on ParaState.
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