The move-to-earn platform had 2 billion SWEAT tokens locked up in inactive user accounts that the community has voted to return to a governance contract. Here are the most important things to know about this development:
1. The move-to-earn platform is a blockchain-based platform that rewards users for engaging in physical activity. Users can earn SWEAT tokens by completing fitness challenges and can use these tokens to purchase goods and services on the platform.
2. The 2 billion SWEAT tokens that were locked up in inactive user accounts represent a significant portion of the platform’s total token supply. By returning these tokens to a governance contract, the community is taking steps to ensure that the platform remains fair and transparent.
3. This decision by the community highlights the importance of active participation in decentralized platforms. By voting to return the tokens to a governance contract, users are demonstrating their commitment to the long-term success of the move-to-earn platform.
In summary, the move-to-earn platform’s decision to return 2 billion SWEAT tokens to a governance contract is a significant development for the platform and its users. It underscores the importance of active participation in decentralized platforms and demonstrates the community’s commitment to ensuring the platform’s long-term success.