Next week will once again be an important and decisive week for PANDABYTE. With the announcement of the update to version 1.4.X and the associated protocol update, the IOTA network will become even more secure. Up to thirty new validators can join the Committee (which will then consist of 80 validators in total), provided they can prove a minimum stake of 2M IOTA.

As previously announced, PANDABYTE also needs the help of the entire community with this update to achieve this goal for our second validator "PANDABYTE II." Unfortunately, based on the testnet, we found that the new validators should actually be in the Committee and, according to the first epoch of the new protocol v10, should have received rewards. However, it seems that this will only happen in the following epoch. For our supporters, this would mean that if they wish to re-delegate part or all of their stake to PANDABYTE II on August 13, they will not receive rewards for the epoch in which they switch, nor for the first epoch with the new update.

This presents a huge problem for us as PANDABYTE, as the community always comes first, and we do not want you to miss out on rewards twice. Therefore, we have decided that, if you still wish to support us and we reach the required 2M IOTA as a stake, we will not only keep the commission at 0% for 2 weeks but for a whole month (30 days) to compensate for the lost rewards.

Since transparency and the community are the most important things, we have decided to publish this article and inform you in a timely manner. We hope you will stand by PANDABYTE once again, and I thank you in advance for all the support you provide to PANDABYTE.

Lastly, I would like to announce maintenance work on our first validator 'PANDABYTE'. The maintenance will begin with the release of the new node version on August 13, 2025, and will take approximately 15 minutes.

Best regards,
No8ody