We are working very hard on it and the GLMR distribution should be streamlined and automated tomorrow
I also want to explain a bit more why it was delayed:
I also want to explain a bit more why it was delayed:
1. at the beginning, we want to build a derivative product that can provide liquid on locked GLMR which we called cGLMR token.
2. We want to issue cGLMR token on our chain and build XCM channel with Moonbeam so that users can redeem GLMR on Moonbeam at any time. We also want to let cGLMR trade on our AMM or even be used in our Money Market.
3. It was a good idea to provide additional liquidity for locked GLMR tokens, but in reality, we overestimated what we can do within a short period of time.
4. it requires Polkadot XCM to be ready, which Polkadot still didn’t launch XCM feature yet. It requires some “storage proof functionalities” on our chain so that we can correctly calculate how much users can transfer their vested GLMR token, etc
Our initial intention to be build something great for all users, and we learned from the delay this time. We changed our plan to have respected Parachains issue their tokens directly to users from now on. I believe all future distribution would be in real-time and streamlined.
Let us know if you have any more feedback and we are always happy to support you!
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