A space for introductions, questions, and updates from the Relevant Team New to Relevant? Check out [this guide](https://relevant.community/general/post/5f442f65800055001716f84f).
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© 2020 Relevant Protocols Inc.
A space for introductions, questions, and updates from the Relevant Team New to Relevant? Check out [this guide](https://relevant.community/general/post/5f442f65800055001716f84f).
26787 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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hey, can someone explain me what the function of sREL is? i've read the blog posts, but i'm still confused.
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hey, can someone explain me what the function of sREL is? i've read the blog posts, but i'm still confused.
Sorry buddy, I can't answer this question . Be patient the team will answer it . [@slava](/user/profile/slava) [@DrEllisJaruzel](/user/profile/DrEllisJaruzel) [@Druss](/user/profile/Druss) [@AIexCPoon](/user/profile/AIexCPoon)
Sorry buddy, I can't answer this question . Be patient the team will answer it . [@slava](/user/profile/slava) [@DrEllisJaruzel](/user/profile/DrEllisJaruzel) [@Druss](/user/profile/Druss) [@AIexCPoon](/user/profile/AIexCPoon)
[@slava](/user/profile/slava) sir where is the DAO UPDATE we are waiting ✌️
[@slava](/user/profile/slava) sir where is the DAO UPDATE we are waiting ✌️
S = Staked REL = REL It is a placeholder for REL contract locked (i.e. vesting).
S = Staked REL = REL It is a placeholder for REL contract locked (i.e. vesting).
vesting means > REL won't be accessible until vesting period is over?
vesting means > REL won't be accessible until vesting period is over?
like, i'm staking 30K sREL rn. what does that mean for me? or what is its utility?
like, i'm staking 30K sREL rn. what does that mean for me? or what is its utility?
sREL allows you to use REL for betting in the app and for voting for proposals in pending Relevant DAO. For now you can still use the regular REL balance for betting, but that will be disabled soon. Vesting is linear, so you can begin to withdraw smaller amounts as time passes.
sREL allows you to use REL for betting in the app and for voting for proposals in pending Relevant DAO. For now you can still use the regular REL balance for betting, but that will be disabled soon. Vesting is linear, so you can begin to withdraw smaller amounts as time passes.
These are great steps, even it probably solve that of auto bot stacking issues on high reputation articles. I believe this will also help to make relevant community more genuine and tokens will be in secure hand.
These are great steps, even it probably solve that of auto bot stacking issues on high reputation articles. I believe this will also help to make relevant community more genuine and tokens will be in secure hand.
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