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the_qora_transition [04/27/2023 17:54] – gfactorthe_qora_transition [05/01/2023 01:53] (current) – gfactor
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 **THE DATE TO BURN QORA HAS PASSED, NO MORE BURNING WILL BE ACCEPTED.** **THE DATE TO BURN QORA HAS PASSED, NO MORE BURNING WILL BE ACCEPTED.**
 +
 +**QORA Burn Rewards go to wallets every block without having to mint. This is the only reward that does not require minting. If you are also a minter, this reward is still issued on top of your minting reward.**
  
 Every user of the existing QORA project had the ability to transition into Qortal excluding Poloniex and OpenLedger wallets due to these exchanges inability to honestly return user's "unrecoverable" coin (given the fact that they are either a holder who has QORA in a private wallet they control or a forger who has the private key of an account that had forged blocks on QORA during the given time frame). Every user of the existing QORA project had the ability to transition into Qortal excluding Poloniex and OpenLedger wallets due to these exchanges inability to honestly return user's "unrecoverable" coin (given the fact that they are either a holder who has QORA in a private wallet they control or a forger who has the private key of an account that had forged blocks on QORA during the given time frame).
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 ===== Ratio Of QORA:QORT ===== ===== Ratio Of QORA:QORT =====
  
-The ratio of QORT overall that will be given for each QORA, is 1:250 (QORT:QORA). Meaning, for every 250 QORA you hold, you will end up with a final amount of 1 QORT (250:1). This is to reduce the total amount of QORT service token coming in as to not dilute the value and at the same time give value to the original QORA holders.+The ratio of QORT overall that will be given for each QORA, is 1:250 (QORT:QORA). Meaning, for every 250 QORA you hold, you will end up with a final amount of 1 QORT (250:1). This is to reduce the total amount of QORT coming in as to not dilute the value and at the same time give value to the original QORA holders.
  
 =====QORA:QORT Transition===== =====QORA:QORT Transition=====
the_qora_transition.txt · Last modified: 05/01/2023 01:53 by gfactor

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