If you don’t mine for 7 consecutive days, starting from the 8th day until the 30th day, you can use the Resurrection option to recover coins lost during slashing. This option is available only once, providing a safety net for ...Read more
Slashing occurs when you miss extending your mining session, or when all your days off are consumed. It temporarily reduces your earnings until you resume regular mining. Continuous activity helps avoid slashing and maximizes your coin accumulation.
Voting rights are proportional to the number of SW tokens a member holds, aligning influence with their stake in the project.
The Sunwaves Token (SW) is a utility token designed to enhance the festival experience for attendees, artists, and partners by leveraging blockchain technology.
The total supply of SW tokens is capped, ensuring scarcity and value preservation. The exact number of tokens will be revealed after the initial mining phase concludes.
SW tokens are divisible up to 18 decimal places, allowing for precise transactions and facilitating micro-payments.
The specific smart contract address will be announced at the official launch to ensure transparency and easy verification by stakeholders.
The distribution plan for SW tokens is designed to ensure fairness and broad accessibility while supporting the long-term viability and growth of the Sunwaves festival ecosystem. The plan aims to engage a diverse group of participants, ensuring everyone has a ...Read more
Sunwaves selected the ION blockchain because it aligns with their goals of creating a seamless, transparent, and dynamic festival ecosystem. ION’s unique capabilities make it the ideal platform to enhance the experience for festival-goers, investors, and partners.