Breakeven Point at Marmara Credit Loops
Credit Loops on Marmara Chain reached today to breakeven point with activated loops first time since the launch of mainnet last year on 17th January 2020.
We are happy that the amount of MCL coins locked in credit loops exceeded the coins locked in activated after exactly 16 months. The beauty of the coins locked in credit loops is that they can be only used in real shopping to transfer the ownership since the participation to 3x staking is transferred to new bearer/holder node during endorsement of credit.
Please note that activated coins can be unclocked any time but they cannot be transferred while they are staking. Besides they have only 1x staking power, while coins locked in credit loops participate in 3x staking.
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