BOSAGORA(BOA) Withdrawal Upgrade

During the first quarter of this year, the Agora mainnet was officially launched, and the first POS Genesis block began to be generated. Since then, a total of 2,350 validators have been actively generating blocks, and 93,993,021 BOA, which accounts for 27.8% of the circulating supply, is currently staked. To ensure the stable functioning of the network and prevent sudden fluctuations, such as a large number of validators simultaneously ceasing their activities, which could pose significant risks to the network’s stability, the team has restricted staking withdrawals in the initial stages.

After half a year to keep a smooth network operation and successful testing on the Testnet, the team is going to officially upgrade it on the Agora mainnet.