Serenity Shield has made a major announcement on its X page, following the recent token burn of around 300k SERSH tokens. This token burn reduced the total supply of SERSH tokens to 99.7 million. Now, Serenity Shield is launching the Serenity Revenue Share program, which is funded by its partnership with Contentra, an educational publisher. The partnership utilizes Serenityโs Web3 technology to store Contrentraโs archives.
The token burn contributes to Serenity Shieldโs deflationary tokenomics and the plan is to have more burns in the future to increase the value of the SERSH token.
How to Participate in the Reward Program
Participating in the reward program is simple:
- Be an active StrongBox user with verified data. StrongBox is a blockchain-based solution for storing data.
To take part in the program, youโll need to hold SERSH for six months. The revenue funds will continue to grow as Serenity onboards more clients and Dapps. The more data you store or SERSH you hold, the more revenue youโll be entitled to. Distribution is set to begin in Q3 2024, and the terms and conditions will be released in May.
The Partnership with Contentra
The partnership with Contentra is a significant milestone for both projects and demonstrates the increasing adoption of blockchain technology for real-world use cases. Contentra will store 10 million gigabytes of digital data on Serenityโs solution, enabling them to provide decentralized storage solutions to their clients.
Serenity Shield offers a better way to safeguard sensitive data and helps secure document inheritance. With Serenity, you can nominate who inherits your assets using their non-custodial seed recovery system known as Digital Asset Legacy (DAL).
Whatโs Next for Serenity?
Serenity Shield has been making significant progress within its ecosystem:
- The team has been recognized as an RWA project to watch out for.
- SERSH was recognized on CoinMarketCap as one of the trending projects.
In addition, the team recently participated in the Token 2049 conference and their staking pools reached maximum capacity, demonstrating the communityโs trust and confidence in Serenityโs vision and roadmap.
Serenity Shield has announced the launch of its Serenity Revenue Share program, funded by a partnership with Contentra. This program is a result of the recent token burn and aims to increase the value of the SERSH token. To participate in the reward program, you need to be an active StrongBox user with verified data. Holding SERSH for six months will entitle you to a share of the revenue funds. The partnership with Contentra allows for decentralized storage solutions and enhances Serenity Shieldโs ability to safeguard sensitive data. The team has been gaining recognition and recently participated in the Token 2049 conference. With these developments, Serenity Shield continues to make strides in the crypto space.
Sources: GlobeNewswire, Twitter, Twitter, Altcoin Buzz, Twitter, Twitter, Twitter.
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