Yes, by upgrading to level 5, you can disable the slashing feature, allowing you to keep your balance even if you miss a mining session. This upgrade offers protection against the penalties of inactivity.
Tag: Sunwaves
The Sunwaves Token (SW) is a utility token associated with the Sunwaves Festival, which utilizes blockchain technology to enhance the festival experience and engage its community.
Start Earning Sunwaves Tokens Today
Earn Sunwaves Tokens for free using your phone. Our app ensures a seamless experience without using any of your phone’s resources, allowing you to participate in the Sunwaves ecosystem.
How can I verify my Sunwaves account using my X profile?
To verify your account using your X profile, follow the instructions provided in the app. This update, introduced on June 28, 2024, ensures a faster and smoother verification process.
Website: Sunwavestoken
In 30 days of inactivity, you will lose all your coins above the 500 SW coins threshold. For example, if you have 10,000 SW coins and are inactive for 30 days, your balance will be reduced to 500 SW coins.
Yes, you will only enter slashing if you have more than 500 SW coins. This threshold ensures that new users are not penalized harshly for brief periods of inactivity.
Slashing starts as soon as you do not have an active mining session or any day off. It penalizes inactivity to keep the reward system balanced and fair.
Slashing ensures that active participants are rewarded for their continuous engagement. It promotes fairness and active involvement by penalizing inactivity.
You can earn SW coins by tapping the Sunwaves button daily, extending sessions early, and using days off. Staying active is key to maximizing your earnings.
Invite friends to join your team and earn a 25% bonus for active referrals. You can monitor your team’s activity and earnings on the team screen.
Community members can submit proposals, which are then reviewed and discussed within the community. Proposals that gain sufficient support are advanced to a formal vote.
Voting is conducted on the blockchain to ensure transparency and tamper-proof results. Proposals are subject to a set voting period, and decisions are made based on majority rule.
Successful proposals are enacted by the project team, with ongoing updates provided to the community to maintain transparency and engagement.