The Ethereum-based decentralized messaging platform Status has entered the final stage of its pre-deposit campaign, offering 35 million tokens in rewards. This phase is crucial for testing the network's economic mechanisms before the gas-free mainnet launch scheduled for Q1 2025. Participants can deposit SNT, LINEA, ETH, and stablecoins like USDT, USDC, and USDS, with rewards proportional to deposits and participation duration. The campaign includes 15 million SNT and 20 million LINEA tokens, alongside Karma tokens that provide governance voting rights and priority access to gas-free transactions. This dual-token model aims to enhance user incentives and address transaction cost barriers. The campaign's success is expected to bolster the platform's adoption as it prepares for its mainnet launch, leveraging its integration with Ethereum's ecosystem and Web3 functionality.
Status SNT Pre-Deposit Campaign Enters Final Stage with 35M Token Rewards
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