Dear Lition community,
Thank you for being patient while we are working on the transition phase.
Lition Energy mainnet has stopped functioning for 1 week, failing to generate LIT rewards to Lition stakers according to the original reward plan. The system is expected to remain inactive for an unknown period of time while we tend to the mainnet issue, hence we have decided to enable unstaking for all LPS stakers.
Lition Pool Staking participants have 2 options:
- Unstake and withdraw your staking LIT at any given time, or
- Maintain your staking LIT in the staking dashboard. If you wish to keep your asset in Lition’s staking dashboard, your fund will remain safe but will no longer generate any staking rewards.
This update applies to everyone who is currently:
- Stakers whose lockup period hasn’t expired
- Stakers whose lockup period has expired and got LIT stuck at the withdrawal step.
Following this update, we will disable the “New Deposit" and “ReStake" buttons on the staking site, effectively not admitting new stakings or onboarding new validators.
We look forward to your understanding and patience while we are working. A full transition and audit report on technology, finance, and business & development will be published by the end of next week.
If you have any issues regarding the unstaking and withdrawal, please submit your ticket under this thread or this form: https://forms.gle/8btuZ8532Bjbg4oG9 if you are not comfortable publishing your information. This form will close at 3 am UTC Monday, Apr 20th, 2021