Tigris Protocol service closure and the associated token rewards have been completed.

As announced on February 23, 2024, Tigris Protocol has ceased operations and all related token reward distribution and review has been completed.

Reward Principles

  • The last rewards were distributed to all staking holders as of February 26, 2024 UTC+0.
  • All rewards were based on MARO in the Tigris Protocol voting pool.
  • MARO staking users received a return of their original staking amount.
  • All relevant non-liquidated tokens participated in the rewards, and rewards were distributed equally to all token holders, regardless of whether they staked or not. From the total voting pool, approximately 48828521 MARO were paid out in rewards to 2460+ Tigris-related token holding addresses, excluding MARO staking, gas costs, and expenses paid on behalf of the Foundation.
  • Addresses with a full reward amount of 1 MARO or less were excluded from the reward.
  • Holders of the existing stablecoins (CUSD, CKRW) and Acorn Staking Service's stablecoin (CUSD) were prioritized for rewards, and the remaining MARO after the stablecoin rewards were completed was distributed to CLAY token holders in equal proportions. The reward percentage for the stablecoins was calculated based on the average MARO price over the previous 7 days prior to the February 23, 2024 announcement date. The reward ratio is as follows
    • 1 CUSD = 860.9139424 maro
    • 1 CKRW = 0.646360904 maro
    • 1 CLAY = 0.11136591999865633 MARO
  • During this process, all CLAY and stablecoins owned and staked by the Foundation were excluded from the reward distribution.
  • Rewards were based on a snapshot of token holdings and staking status as of the morning of February 26, 2024. The Foundation is not responsible for snapshot errors and loss of rewards due to token movement.

The CLAY and staking information currently displayed on MARO Connect will be updated with the update.

As of the end of the service and completion of the rewards, Tigris-related tokens will no longer have any utility, and the Foundation will no longer provide any support or rewards related to the tokens, services, or related tokens. In addition, the Foundation will not operate any proxy voting mechanisms or similar services for holders in the near future.

If you have any questions, please contact the Foundation's official email.