As Closing of TOM Finance Mining is in Countdown, Participants Must Unstake LP Tokens

강승환 기자 | 기사입력 2021/01/08 [16:36]

As Closing of TOM Finance Mining is in Countdown, Participants Must Unstake LP Tokens

강승환 기자 | 입력 : 2021/01/08 [16:36]

 

Hong Kong-based cryptocurrency service provider TMTG Enterprise HK Limited has announced the countdown on the closing of TOM mining.

 

The mining has been conducted on TOM Finance, a DeFi project of TMTG. While TOM mining had been scheduled for 60 days, with Ethereum block number 11,234,809 (starting block) to 11,646,967(ending block), the closing time was slightly postponed due to the delay in Ethereum block generation. 

 

As of 11:00 am Jan. 8, 2021, the Ethereum block number is 11,611,099, with 35,868 blocks left until the TOM mining closes. The exact closing time will vary on the Ethereum network, but it is speculated that about five days remain until the closing. A detailed update on the block generation is available on the link below: Ethereum Block Countdown (https://etherscan.io/block/countdown/11646967)

 

The participants of the mining are reminded that they must unstake their LP tokens staked on TOM.FINANCE DeFi platform to retrieve their TMTG and LBXC token from the liquidity pool. As the closing of the mining is imminent, it is advised to proceed with unstaking in advance. 

 

Moreover, season 2 of TOM Finance will begin its service on Monday, Jan. 14. In the second season of TOM, the internally developed DeFi DEX TOMSWAP ver. 1 will be launched to conduct swaps and pools. 

 

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