$SWITCH Tokens may be Burned for Unverified Users

PocketFi has announced that $SWITCH mining has officially ended. Additionally, the staking mechanism has been improved—rewards now go directly to the mining balance.

For users who have not yet completed Verification, the Verification section displays the number of tokens that will be burned if they fail to verify. They have until April 12 to complete the process, after which the tokens may be permanently burned. However, according to PocketFi, verification is not mandatory.

The final total supply of $SWITCH that will enter the market will be announced by PocketFi on April 14.