Announcement for adjustment of the deposit requirement

Dear community member 😉
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Balancing the virtual economic system and making full use of blockchain incentives for self-governance of community members is the cornerstone of the long-term development of blockchain. Recently, Totem’s official mailbox has received feedback from many Totem community users on the issue of mining deposits on the Totem network. In order to maintain a balanced incentive mechanism, the pledge model is now adjusted as follows:
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1. The pledge deposit is adjusted to
P1: 120U
P2: 240U
P3: 360U
P4: 480U
P5: 600U
P6: 720U
P7: 840U
P8: 960U
P9: 1080U
P10: 1200U
The surplus USDT pledged will be returned according to the level of the miner pledged by the account. For example: Before the adjustment, the p3 pledge deposit is 1200U, after the adjustment, only 360U pledge deposit is required, and 840USDT should be returned.
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The specific adjustment time will be subject to the latest announcement.
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It is expected that after the adjustment, the Totem blockchain will have a more balanced and healthy virtual economy, and the ecosystem will grow stronger.⠀