Genius ends Season 2 after distributing 173 million GP

  • Genius officially ended Season 2 and distributed GP rewards.
  • 173 million GP was issued against a planned 200 million GP.
  • Users receive allocation choices during refund and unlocking windows beginning October 6 and October 12.

Genius has officially ended its second season after distributing 173 million GP, below the originally planned 200 million GP. It also introduced a full-fee refund mechanism, with applications open from Oct. 6 at 11:00 a.m. ET through Oct. 11 at 11:00 a.m. ET. Users who choose refunds will receive back 100% of the fees they paid to Genius during Season 2, but will forfeit their GP rewards; the corresponding repurchased GENIUS will be permanently burned. Users who do not seek refunds can choose from Oct. 12 during a second five-day window either to unlock their allocation immediately with an 85% deduction or to lock it for 24 months and receive 100% of the airdrop allocation. The 173 million GP distributed in Season 2 represents a potential claimable allocation of up to 6.055% of GENIUS's total supply. The remaining 0.945% will be automatically burned, alongside GENIUS associated with refunds.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.