V2 — Governance & Migration

Multiplier
1 min readJul 30, 2021
https://multiplier.finance

Are you excited for the upcoming Multiplier V2 launch? With great new features on the platform, new governance rewards for staking bMXX, and new lending and borrowing incentives, there is something for everyone to look forward to!

Multiplier will begin the roll out of V2 in phases — Beginning with increased governance and staking rewards, followed by the launch of our incentivized lending and borrowing pools.

This will ensure a secure and seamless transition with stakers having ample time to unstake and migrate.

We’ll monitor the progress of the governance migration before releasing an official date for the launch of new lending and borrowing pools. Security comes first!

Staking in Governance — 2nd August 2021

Multiplier V2 will launch new V2 Governance Pools with increased rewards of 1200 bMXX daily!

Users will need to migrate their assets from V1 Governance to V2 Governance.

Do bear in mind that there is a 3-day cooldown period before you are able to unstake (24-hour window).

V1 staking rewards will end on 9th August 2021, so please ensure you migrate!

For more details on unstaking and migration, please refer to our FAQ.

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