The cryptocurrency market continues to face turbulence, with Ethereum ($ETH) struggling to revisit its all-time high (ATH). In response, Athene Network has unveiled a series of pivotal strategic adjustments. These changes aim to ensure the platform’s long-term stability. The adjustments further intend to enhance its offerings to holders during this period of market volatility.
Athene Network Postponed Mainnet Launch to Ensure Stability
Athene Network has rescheduled its Mainnet launch to 2025. citing the need for a more secure and resilient network infrastructure. The exact date has yet to be disclosed. The decision reflects the company’s commitment to delivering a robust platform. The platform that can effectively navigate the uncertain crypto landscape.
Athene Network prioritizes security and stability and takes deliberate steps to meet the expectations of its community and investors. The network further emphasizes the importance of readiness before launching its Mainnet.
P2P Platform Policy Adjustments for ATH Holders
Athene Network bid to stabilize the value of its native ATH token and encourage long-term holding. It has implemented a series of policy changes for its peer-to-peer (P2P) platform. Effective immediately, ATH deposits into the P2P platform have been permanently suspended.
However, withdrawals to the Parthenon network remain operational. It ensures continued access for users. To incentivize accumulation, the platform has also removed purchase fees for ATH. Besides this, the selling fees increase to discourage short-term trading.
These measures reflect Athene Network’s proactive approach to protecting token value. The policies further foster holder benefits during a challenging period for the crypto industry. The platform prioritizes strategic adjustments over immediate gains. It remains focused on its mission to create a secure and user-centric ecosystem. The company has reaffirmed its dedication to overcoming market challenges. The company has further expressed gratitude to its community for their continued support.
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