AKRE kWh Swap & Buyback Pool

As part of our ongoing efforts to promote ecosystem health, we are pleased to introduce a new feature: the AKRE kWh Swap & Buyback Pool. This initiative allows users to swap AKRE for kWh at the current market price, without selling it to the market, supporting ecosystem stability and sustainable value development.

Details of the First Round:

• Pool Allocation: 200,000 kWh

• Process: First-Come-First-Served

• Limits: No restrictions on the amount swapped per individual until the pool is fully utilized.

Eligibility Requirements:

• Users need to own five or more remote or light miners (excluding CSP and Smart Plug miners).

This initial round is being implemented as a trial. If the program yields positive results, we plan to refine and repeat it, with potential adjustments to pool size and eligibility criteria based on community feedback.

It's worth noting that this initiative goes beyond a simple swap; it also serves as a buyback mechanism, aligning with our goal of fostering long-term token value growth in the ecosystem.

When will it launch?

We're excited to share that our targeted release date is set for early May, which also marks the first pool allocation.

Event Conclusion Triggers

The event will automatically end when either:
(1) The 200,000 kWh pool is depleted, OR
(2) 14 natural days have passed since launch

Whichever condition occurs first will trigger the closure. After the event concludes, we'll evaluate all data and announce details about the next period.