(IMPORTANT UPDATE) Remitano Network Mining App

Update, Remitano Airdrop: You must pass very easy ‘kyc level 2’ on/before 31st September else you’ll loose your mined RENEC to community reserve.

UPDATE:

As you know, RENEC Mainnet is scheduled to launch on October 1, 2022 (the official time may fluctuate around the first week of October 2022).

Before this milestone, you will need to understand the following 3 issues for a smooth transfer of RENEC to the mainnet.

#1 KYC Level 2 to claim RENEC

  • The amount of RENEC from mining: is eligible to be transferred to mainnet once you have completed the KYC level 2 verification.
  • The amount of RENEC from the Ambassador program: is eligible to be transferred to the mainnet once both you and your downliners have completed the level 2 KYC verification.
  • The amount of RENEC rewarded for registering via a referral link: is eligible to be transferred to mainnet once you have completed the KYC level 2 verification.

Before the mainnet launch, you will see your RENEC be classified into 2 sources: verified and unverified, when accessing your Remitano wallet.

Complete the KYC level 2 and also remind your downliners to complete the KYC level 2 so that the transfer of RENEC to the mainnet in the future will be seamless.

KYC reminder feature:

  • When clicking the KYC prompt button, your downliners will receive a notification from the Remitano app and an email with a ‘how to complete KYC Level 2’ instruction.
  • You can only click the KYC prompt button 7 times a day at most.
  • Upadte your Remitano Network application if KYC reminder feature is not showing for you.

#2 RENEC unlocking schedule for the RENEC Community

  • Year 1: Unlock 20% during 3 months from October 1, 2022 to December 31, 2022 weekly (every Saturday).
  • Years 2–5: Unlock 20% monthly (first day of each month).

#3 What happens to the unverified RENEC amount?

This fund will be used for the distribution of rewards to the RENEC community through promotion programs, community development, application development hackathons on the network. In other words, the fund will be distributed back to the community that supports and believes in RENEC.

Update, Remitano Airdrop: You must pass very easy ‘kyc level 2’ on/before 31st September else you’ll loose your mined RENEC to community reserve.

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