$APR $JCT $CAP The Difference Between KYC Completion and Distribution

Completing a KYC round and receiving transferable ITLG are separate parts of the process described in the announcement. Previous Level 1 KYC completion means eligible users will not need to repeat verification for this round and can proceed to the waiting list. The amount of transferable ITLG distributed is separately described as dependent on account metrics. Keeping these points distinct helps avoid assuming that a completed verification automatically means every account receives the same amount.

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