In Brief:
- Trezor wallet users are facing errors in claiming their LooksRare trading rewards.
- Trezor developers are working to find a fix, while Metamask is also planning to bring EIP-712 signing for Trezor to Metamask by February 7.
- LooksRare extended reward claiming duration for the time being to prevent any inconvenience.
Trezor wallet users are experiencing errors when attempting to claim their LooksRare airdrop. The issue was first reported on 12th January by one of the Trezor wallet users on Twitter. Many users came forward days later, asking for a fix so they could claim their earned rewards.
Trezor responded that it does not currently support the LooksRare native token $LOOKS (ERC-712), but that developers are working on making improvements to fix the error.
Yesterday on Twitter, LooksRare requested Metamask to prioritize solving the persisting problem so that people can use Trezor with EIP-712 support. Dan Finlay, Metamask’s lead developer, said in response that Metamask would soon bring EIP-712 signing for Trezor to MetaMask. It’s currently in progress and will be resolved by February 7th at the earliest.
For users unable to list, purchase, and claim using Trezor, LooksRare extended the reward claiming period to prevent inconvenience.
LooksRare offers trading rewards on selling or buying eligible NFTs. Such that users can earn $LOOKS tokens. Trading rewards are calculated daily and rewarded to users 2 hours after the end of each day. Users can claim rewards at 2:00 AM (UTC) each day, as per the website, but they can not claim for 2 hours between 0:00 AM and 2:00 AM (UTC) while trading rewards are calculated.
Since rewards can only be claimed for a limited period of time, LooksRare decided to extend the claiming time duration. According to the tweet, $LOOKS trading rewards currently are worth over $17 million.
About LooksRare
LooksRare is a newly launched NFT marketplace that emerged as the community-first NFT marketplace that actively rewards collectors, traders, and creators for participating. LOOKS tokens are the core of LooksRare and are utilized to reward platform users as well as lure existing OpenSea customers. This month, as its debut in NFT space, LooksRare launched with a Vampire Attack on Opensea.
Also Read: Crypto Wallets: All You Need To Know About Their Types
