Reminder:The PALNET tribe is moving on May 12th!
This is another post to remind you that he Peace, Abundance, and Liberty Network (Palnet) Tribe are moving on May 12th to hive-engine. The tribe, including the miners, will be transitioned to Hive.
What does this mean for you?
On May 12th all trading on steem-engine of PALcoin, PALM, and PALMM will cease. If you have buy or sell orders please cancel them. If you don't, that PAL will not be included in the airdrop!.
As mentioned previously, when you post through palnet.io you're not posting to the steem blockchain and earning tokens on steem-engine; instead, your post appears on the hive blockchain and after May 12 you'll receive PAL tokens on hive-engine.com
To make this work you'll need your palcoin and miners moved from Steem/Steem-Engine to Hive/Hive-Engine. We'll be airdropping your steem-engine tokens onto hive-engine. The airdrop is scheduled for the evening of May 12. All tokens will be airdropped 1:1. If you hold them as staked they'll be staked. If you hold them as liquid they'll be liquid. It should conclude in under 24 hours.
We will also be continuing our regular monthly airdrops for stakeholders as intended when the tools are available and we are fully moved over, this has been slightly delayed with this transition!
Transition to Hive
Once the airdrop is complete all parts of PALnet will live on the Hive blockchain.
Post rewards are tallied from Hive blockchain posts and paid in PALcoin that live on hive-engine. So, if you continue to use the palnet tag on steem blogging interfaces it'll have no effect. You'll use Hive blogging tools and continue to use the tag
palnet and receive your PALcoin tokens on https://hive-engine.com.
These are exciting times especially with the halving right around the corner. We look forward to seeing you posting on hive and don't forget to use the
palnet tag to earn you tokens when you post to Hive!
If you have any questions please come and visit us in the PAL discord