Reminder:The PALNET tribe is moving to Hive-Engine on May 12th!

in #hive-1104906 months ago

This is another post to remind you that he Peace, Abundance, and Liberty Network (Palnet) Tribe are moving on May 12th to hive-engine. The tribe, including the miners, will be transitioned to Hive.

What does this mean for you?

On May 12th all trading on steem-engine of PALcoin, PALM, and PALMM will cease. If you have buy or sell orders please cancel them. If you don't, that PAL will not be included in the airdrop!.

As mentioned previously, when you post through palnet.io you're not posting to the steem blockchain and earning tokens on steem-engine; instead, your post appears on the hive blockchain and after May 12 you'll receive PAL tokens on hive-engine.com

Airdrop

To make this work you'll need your palcoin and miners moved from Steem/Steem-Engine to Hive/Hive-Engine. We'll be airdropping your steem-engine tokens onto hive-engine. The airdrop is scheduled for the evening of May 12. All tokens will be airdropped 1:1. If you hold them as staked they'll be staked. If you hold them as liquid they'll be liquid. It should conclude in under 24 hours.

We will also be continuing our regular monthly airdrops for stakeholders as intended when the tools are available and we are fully moved over, this has been slightly delayed with this transition!

Transition to Hive

Once the airdrop is complete all parts of PALnet will live on the Hive blockchain.
Post rewards are tallied from Hive blockchain posts and paid in PALcoin that live on hive-engine. So, if you continue to use the palnet tag on steem blogging interfaces it'll have no effect. You'll use Hive blogging tools and continue to use the tag palnet and receive your PALcoin tokens on https://hive-engine.com.

Exciting times

These are exciting times especially with the halving right around the corner. We look forward to seeing you posting on hive and don't forget to use the palnet tag to earn you tokens when you post to Hive!

If you have any questions please come and visit us in the PAL discord

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This is a fantastic news. Thank You

This is actually a very good idea

Thanks for the awesome heads up! About time! Keep up the good fight.

Nice to see Palnet move to Hive

Wow. EXCITING TIMES AHEAD

Beautiful job, nice move!

very good news...

I can hardly wait.......

Great news! Glad to see here!

oki this is good news in this day.
thank you for this informations

It's about time, welcome to The HIVE!

Gracias por la información, de verdad.