PokerFi Announcement

An announcement that PokerFi has officially entered the community autonomy stage.

Dear PokerFi players,

PokerFi planet has been practicing the concept of decentralized autonomy in a step-by-step manner. With the launch of the PKS governance platform, the future development direction of PokerFi and the super authority for the use of ecological construction funds will be handed over to the governance smart contract, which will automatically implement all proposals approved by the VOTE of PKS holders. At the same time, the founding team will be officially disbanded with the following decision:

1. Destroy all 1,598,845.2622 PK that are not fully allocated:

(1) If the early private placement is not PK, it will be publicly destroyed in three batches, totaling 1,452,366 pieces, according to the release rules of the private placement contract;
(2) In the early stage, liquidity address is supported in PancakeSwap, and the remaining 146,479.2622 PK will be publicly destroyed.

2. PokerFi will officially launch the PKS governance mechanism at 13:00 on November 24, 2021 (GMT+8). And make a calculation force snapshot when the calculation force of the whole network reaches 5 million (or reaches 24:00 on November 23). The calculation force of all mines will be airdropped retroactively, and every 1W calculation force corresponds to 1 PKS and is rounded down. A total of 500 PKS were airdropped at one time.

3. When the PKS governance mechanism is started. PKS combustion pool Phase 1 is synchronously started as follows:
Total Quantity: 100 PKS
Cycle: 100 days
Rule: 3 PKS per day will be airdropped in the burning pool according to the proportion of PK invested by players in the total burning PK in the total pool and allocated according to the block time

PokerFi is officially moving toward decentralized governance, which will be a pioneer and benchmark for the entire GameFi world.

PokerFi
November 23, 2021