Grass launches Stage 2 Rewards Checker for Oct. 2024 to June 2026 contributions

Users can review eligibility for bandwidth contributions made between Oct. 14, 2024, and June 8, 2026, with payouts set to be made in USDC instead of GRASS tokens.

USDC

Summary

Grass has launched its Stage 2 Rewards Checker, allowing users to verify whether their bandwidth contributions made from Oct. 14, 2024, to June 8, 2026, qualify for rewards. The project said payouts will be distributed in USDC, a dollar-pegged stablecoin, rather than in GRASS tokens. The update signals a shift in reward distribution for the program's second stage while giving participants a way to review their eligibility across the stated contribution period.

Terms & Concepts
  • USDC: Dollar-pegged stablecoin issued on blockchain networks
  • stablecoin: Crypto token designed to track a stable asset
  • bandwidth contributions: Shared internet capacity provided by users