2020-05-11 18:08:47
POA Mania Announcement: POA Mania is upgrading to version 2.0. This update will occur in approximately 1 hour.New contracts will be deployed to https://www.poamania.com and the previous version will move to beta.poamania.com.
All funds contained the previous version are safe, and will remain available indefinitely, but will need to be withdrawn and re-deposited into the new version to continue participation.
More info, details and instructions here: https://www.poa.network/for-users/poa-mania/news-updates
Upgrade details: • Quantstamp completed a comprehensive security audit: https://www.poa.network/for-users/poa-mania/poa-mania-security-audit
• Rules were adjusted based on community feedback:
◦ Max deposit lowered to 50,000 POA to encourage more participation (was 100,000 POA)
◦ 15% of rewards are added to the daily jackpot (was 10%)
◦ 0% now goes to lottery administration (was 5%)
• With the update, POA Mania is decentralized and funded by automated network emissions. The reward contract has been updated to send POA to the lottery. Each block, 2 POA are emitted. 1 goes to the validator who seals the block, 0.5 goes to the POA Emission Fund, and 0.5 goes to the POA Mania savings lottery. This change was voted on and approved by the POA Network Validators.
If you have deposits in the previous version of POA Mania:Your funds are SAFU! However, you must withdraw them from the old version of the application. Following the update, go to beta.poamania.com, connect your wallet and start the withdrawal process. If needed, more instruction is available here:
https://www.poa.network/for-users/poa-mania/deposit-withdraw
You can then redeposit POA (noting the new 50k max limit) into the new version.
The new version replaces the prior version at poamania.com, with new rules and reset jackpot.
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