Image of article: Change to distribution policy May 2019

Change to distribution policy May 2019

Published on 24/04/2019

Dear lessors, in order to avoid problems related to the Waves Lease Loyalty token (WLLT) being perceived as a Security and to attract more WAVES leasers, we will stop distributing MRT to WLLT holders and increase the amount of funds dedicated to buybacks from 20% to 50% of MRT received.

Additionally, 50% of node income will be used to increase funds for WLLT buyback&burn operations or to airdrop tokens of the most interesting project on WAVES.

The new distribution policy will be effective from payment #48.

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