We are pleased to share that users now have the possibility to upgrade between the different tiers on the Tenset launchpad.

Users who have a Tier 1 or Tier 2 subscription can lock additional 10SET tokens to upgrade and benefit from the perks of a higher tier!

For example, you currently have a Tier 1 subscription (1,000 10SET tokens). You want to upgrade to Tier 2 (2,500 10SET), which offers the powerful perk of Tenset’s 7-day decentralised claim-back policy. You can lock an additional 1,500 10SET tokens (bringing your total locked tokens to 2,500) to advance to Tier 2 and enjoy this perk. You no longer have to create a brand new lock, you can simply upgrade the original lock.

You will find this option by visiting the launchpad page https://www.tenset.io/en/gem-launch-platform, and connecting your wallet. Scroll down to the lock that you wish to upgrade and click the button on the right, as shown below.

You will then have the option to select which Tier you wish to upgrade to. Follow the simple steps to lock the additional 10SET tokens required for that tier, and then you can enjoy these new perks!

You can find out more information and see the full list of tiers and perks for the launchpad below. In the near future, the ability to burn a Tier 3 subscription in return for a Tier 4 Regular NFT will be enabled. Stay tuned for further details on this topic.