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Holders Of Viral Multimillion Dollar Staking & Gaming Meme Coin $SPONGE Vote For Instant Staking Rewards
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Monday, May 27, 2024 – The community for Sponge ($SPONGE), a popular meme coin that brought its early supporters returns of up to 10,000%, has voted to receive the project’s lucrative staking rewards instantly.
This means all accrued staking rewards will be paid out to $SPONGE holders after the claim goes live on May 30, at 10AM UTC.
Sponge polled its X followers between May 16 and May 21, asking the community to decide between accessing the large volume of staking rewards immediately, locking them for a month, or vesting the rewards linearly over either six months or a year. The logic for the community vote was explained in a follow-up post, and was mostly to do with price stability.
It’s time to vote, #SPONGERS!!
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