Important Announcement – SUNTR Project Shutdown

Hello everyone 👋

Today I am here to announce an important update regarding the suntr delegation project run by the witness @visionaer3003. He has been running this project for long time supporting the community.

But today with the heavy heart I am here to announce that the project will no more work and it will shutdown. For the further information read the following anouncement:

The SUNTR project will be officially discontinued.

• The reason is the new EU crypto regulation (MiCA), which came into force at the end of 2024.

• Under this framework, any project that offers regular token payouts or profit-sharing must obtain a specific license as a Crypto-Asset Service Provider (CASP).

• Since obtaining such a license would involve significant administrative effort, legal obligations, and costs @visionaer3003 have decided to voluntarily and orderly shut down the project, rather than risk non-compliance with the new rules.

🕓 Timeline:

• The project will remain active until 01 October 2025 (inclusive).

• Until then, rewards will continue to be distributed as usual.

• After that date, all incoming transfers will be automatically refunded.

• Please make sure to remove your delegations to @suntr before the deadline.

I would like to thank everyone who has supported, delegated, or contributed to this project. We have achieved a lot together — but now it’s time for a clean and transparent closure.

🔒 Note:

Thank you for your trust and participation! 🙏
— visionaer3003

^{I have made this post to inform the community on behalf of @visionaer3003.}