Relevant: The Only Social Network Built On Trust

A space for introductions, questions, and updates from the Relevant Team New to Relevant? Check out [this guide](https://relevant.community/general/post/5f442f65800055001716f84f).

28767 Members

See All

News Feed

We'll be adding more communities soon!

A space for introductions, questions, and updates from the Relevant Team New to Relevant? Check out [this guide](https://relevant.community/general/post/5f442f65800055001716f84f).

28767 Members

We'll be adding more communities soon!

0 @futurefood_io • 2 Years Ago

...

hey, can someone explain me what the function of sREL is? i've read the blog posts, but i'm still confused.

mmaatthhyyss

0 @futurefood_io • 2 Years Ago

...

hey, can someone explain me what the function of sREL is? i've read the blog posts, but i'm still confused.

jonaone

@ChanHtike • 2 Years Ago

...

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)

jonaone

@ChanHtike • 2 Years Ago

...

@Mohit9868 • 2 Years Ago

...

[@slava](/user/profile/slava) sir where is the DAO UPDATE we are waiting ✌️

@Mohit9868 • 2 Years Ago

...

[@slava](/user/profile/slava) sir where is the DAO UPDATE we are waiting ✌️

Dr. J.

@DrEllisJaruzel • 2 Years Ago

...

S = Staked REL = REL It is a placeholder for REL contract locked (i.e. vesting).

Dr. J.

@DrEllisJaruzel • 2 Years Ago

...

S = Staked REL = REL It is a placeholder for REL contract locked (i.e. vesting).

mmaatthhyyss

@futurefood_io • 2 Years Ago

...

vesting means > REL won't be accessible until vesting period is over?

mmaatthhyyss

@futurefood_io • 2 Years Ago

...

vesting means > REL won't be accessible until vesting period is over?

mmaatthhyyss

@futurefood_io • 2 Years Ago

...

like, i'm staking 30K sREL rn. what does that mean for me? or what is its utility?

mmaatthhyyss

@futurefood_io • 2 Years Ago

...

like, i'm staking 30K sREL rn. what does that mean for me? or what is its utility?

slava

@slava • 2 Years Ago

...

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.