Introduction to the Staking Revolution
Vid Foundation is gearing up for a major boost in user engagement by expanding staking options for its VI token. With a promise to reward users even more, this innovative move could turn the tides for the social media app, Vid.
The Big Announcement
Jag Singh, the sharp-witted CEO and Co-Founder of Vid Foundation, took to social media to announce that starting September 1, new stakers will be welcomed into the fold. Over the next three months, a whopping 14 million VI tokens are set to be up for grabs. No pressure, but those looking to stake should zero in on this opportunity!
What This Means for Existing Stakers
You can breathe easy, dear existing stakers! Singh assured that the changes won’t affect current stakers—so no surprise changes in your APR. Think of it like adding toppings to a pizza without taking away your favorite cheese.
More Than Just Staking: Additional Enhancements
But wait, there’s more! Beyond opening up staking options, Vid Foundation is focused on rolling out a series of improvements. Here’s what they’ve got cooking:
- Bug fixes in the VID app – because who likes unwanted surprises, right?
- Boosting the app’s visibility through marketing – time to put on those influencer hats!
- Transforming VI into a true in-app currency – yes, you heard that correctly!
- Rolling out verified accounts for influencers and creators – for that extra touch of authenticity.
- Launching a whitepaper – because every great idea needs to be documented.
- Implementing know-your-customer features for withdrawals – keeping things secure and sound.
The Big Picture: Aiming for a Million Users
Singh isn’t just tooting his own horn; he’s got ambitions of hitting a major milestone of one million users in the next three months. With these exciting updates on the horizon, it’s not out of reach—and who knows, you might just find yourself making your big move in the social media universe!
Conclusion
In a world where engagement is king, Vid Foundation is stepping up to the plate by introducing more staking options and a plethora of enhancements. So, whether you’re new to the game or an old-timer, it’s time to get stoked about staking!
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