🔥 Important and very nice changes in GLIZE terms and conditions!
🤔 Dear friends, over the past two weeks we have received a lot of useful feedback from the members and leaders of the ROY Club. Following this, we have decided to change the terms and conditions for the better a little bit so that everyone could benefit from GLIZE even more.
No freeze, accrual of 3.33% per day and a quick staking start
Under the old conditions, GLIZE tokens would be accrued over a month and then frozen on your balance for staking purposes for another 30 days without any possibility of using them. 😥
But everything has now changed! Within a week after migration, you will already start receiving actual GLIZE tokens at the rate of 3.33% of the exchange amount per day. In other words, you will receive 3.33% of the frozen tokens every day and will be able to use them at your discretion. No more uncertainty! 🤗
💥During the first month, the ‘body’ will be accrued. This is the amount you are entitled to for exchanging UMI for GLIZE at the price of 5 to 1, 6 to 1, 8 to 1 or 10 to 1 — depending on the migration stage. This is WITHOUT taking into account the additional migration award of up to 45% and the early bird bonus of up to 900%.
⚡️During the second month, you will already receive a migration award of up to 45% and an early bird bonus based on the same principle — 3.33% per day.
During migration, all tokens will be immediately credited to your GLIZE staking addresses (structural addresses). This also means that they will be charged a 15% fee which will be used to pay referral bonuses. 🔄
This way we will be able to speed up the start of the staking because all coins will immediately be added into the staking pool. As soon as 50,000,000 GLIZE accumulates on structural addresses, the red stage of staking will begin which will initially earn everyone 13% per month! 🤩
It’s important to work together — the community as a whole — to accumulate as many coins as possible. 🤝 It is in the interests of the entire community to accumulate coins at staking addresses (not selling them) for a faster start of staking and higher rates.
Referral and team bonuses are immediately credited to the usual address without commission
🆔 So each user will have 2 types of addresses: regular (trading) and structural (staking address).
➤ Staking is only possible using the staking address. When you replenish this address, 15% fee is charged for bonus payments.
➤ When tokens are sent to a regular address, the fee is not charged.
And the leaders will receive referral bonuses to the usual (trading) address. It means the leader gets to choose whether to transfer received bonuses to staking or to sell / exchange / donate their tokens. Complete freedom of action and decent reward for being active! 😎
Taking into account different mechanics at different migration stages, leaders will receive referral and team bonuses every day — as 3.33% is credited to the balances of their referrals. 🗓
Example: your referral will receive a total of 1,000 GLIZE at the rate of 3.33% per day, and your personal bonus will be 5%. You will also receive 50 GLIZE (5% of 1,000) at the rate of 3.33% per day. 💰
Migration — November 18 at 9:00 (UTC+0); date of token accrual — November 22–25; referral and team bonuses — November 25
✅ On November 18, at 9:00 (UTC+0), the first stage of migration will begin. All UMI exchanged for GLIZE will be collected on technical wallets and, as soon as the token is launched, will be automatically burned. Starting from November 18, you will be able to see how much GLIZE you will receive.
✅The GLIZE token itself will technically launch on November 22–25, and from this moment on accruals of 3.33% per day will begin.
✅The referral program will be launched on November 25. On this day, you will immediately receive bonus tokens for your referrals who have exchanged UMI for GLIZE since the beginning of token accrual. So, do not worry if you do not receive bonuses immediately after the start. You will start receiving them on November 25, and all bonuses will be taken into account! 💸
GLIZE Listing on SIGEN.pro — already in November
Earlier we reported that the GLIZE for UMI exchange will only be possible using U-DEX when the UMI team releases the first UMI OneApp release. However, we have held talks with the SIGEN.pro team to speed up the exchange process! 🏎
At the end of November already, the UMI/GLIZE pair will be added to the SIGEN.pro exchange and each user will be able to easily buy or sell tokens. So waiting won’t be long — trading will begin soon after the migration begins. 🚀
Liquidity for GLIZE in the amount of 50 million UMI from the UMI team
Finally, a super pleasant surprise: the UMI team is ready to provide high liquidity for GLIZE and put 50 million UMI (about $ 2 million) in a glass for purchase, at the rate of 1:10!
These are all the changes we wanted to tell you about. When deciding on doing this, we relied on your wishes and tried to make the GLIZE token as friendly and useful as possible, for all members of the ROY Club. We hope it worked! 😊