PANews reported on December 4 that the intent-based cross-chain bridge clearing layer Everclear has passed an important proposal to migrate NEXT tokens to CLEAR. According to the announcement, the migration will start at 21:00 on December 6, and the three-month first quarter reward plan will also be launched simultaneously, with a total reward pool of 6.25 million CLEAR tokens.
Among them, 1.75 million CLEAR will be allocated to vbCLEAR stakers, and 4.5 million will be used to incentivize solvers. In terms of migration, NEXT holders on the L2 network will be automatically upgraded to CLEAR, while NEXT holders on the Ethereum mainnet will need to manually perform a 1:1 migration. The newly launched voting binding system allows users to lock CLEAR for up to two years to obtain vbCLEAR, participate in governance, and obtain a share of the protocol revenue.
