Nado's NLP capacity will increase by $1.4 million, with priority given to NFT holders
Foresight News reported that Ink ecosystem DEX Nado tweeted that on February 26, the NLP quota will be increased by $1.4 million (from $6 million to $7.4 million). This applies to NFT holders who were restricted during the last quota increase period and were unable to deposit funds in the previous round. Eligible users can now participate in deposits on a first-come, first-served basis and enjoy whitelist status for 48 hours. The maximum deposit per eligible wallet is $20,000, and this cap cannot be accumulated. If funds have already been deposited, the remaining allowable deposit is the difference between the cap and the current balance. If there is still remaining capacity after 48 hours, it will be open to the public, with the $20,000 per wallet cap maintained. In addition, as the vault size increases, the total NLP points allocation will also increase, but the allocation will not grow linearly and there is a maximum allocation cap.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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