727 FinanceOdaily Planet Daily News Genius announced that the second season has officially ended. A total of 173 million GP will be distributed this season, and the original plan is to distribute a total of 200 million GP. Genius also launched a full refund mechanism for handling fees. The refund window will open at 11:00 ET on October 6 and last until 11:00 ET on October 11. Users who choose to refund can get a 100% refund of the handling fee paid to Genius in the second season, but will give up the GP obtained this season, and the corresponding repurchased GENIUS will be permanently destroyed.
Users who did not opt for a refund can choose to unlock their allocation immediately with an 85% deduction during a second 5-day window starting October 12, or lock in for 24 months and receive 100% of their airdrop allocation.
The 173 million GP issued this season corresponds to a potential claimable allocation of up to 6.055% of the total supply of GENIUS. The remaining 0.945% will be automatically destroyed, and the GENIUS corresponding to the refund will also be permanently destroyed.