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Celebrate Ethereum Merge Success With 99.95% Off Chipotle’s New Garlic Guajillo Steak

BlockNews Team by BlockNews Team
September 28, 2022
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To celebrate the successful completion of the Ethereum Merge, Chipotle and Flexa have joined hands to offer exclusive “proof of steak” discounts on Chipotle orders for the delicious new Garlic Guajillo steak. The collaboration follows the Ethereum blockchain’s triumphant transition to a proof-of-stake consensus mechanism.

Chipotle Mexican Grill, Inc. is an American chain of fast-casual restaurants specializing in bowls, tacos, and mission burritos made to order in front of the customer. Reputed for its position among the first chains of fast casual dining establishments, Chipotle has outlets across the U.S., U.K., Canada, Germany, and France. There are over 2,975 Chipotle restaurants in different locations across the United States.

On the other hand, Flexa is a global leader in pure digital payments, offering the world’s fastest, most secure (fraud-proof) payments network. The network’s success and popularity ride on guaranteed settlement for users, flexible integration options, and support for multiple currencies, including USD and CAD digital dollars, among a dozen other popular loyalty tokens and digital currencies.

Flexa-powered payments at Chipotle are simple, fast, carbon-free, and available nationwide in the U.S. Flexa uses high-quality, verified carbon offsets to maintain a fully carbon-free network. This helps to balance the carbon emissions of all its blockchain and operating activities. 

Ethereum Transitions To The “Proof-of-Stake” Model

The Chipotle-Flexa collaboration offers Mexican food enthusiasts and crypto users a chance to celebrate the Ethereum Merge success with 99.95% off the new menu- Garlic Guajillo Steak. You get a generous discount when using Flexa to spend ETH at any Chipotle restaurant in the United States. Citing Chipotle on a Twitter post,

“Ethereum’s recent move to proof of stake could mean that ETH now uses 99.95% less energy.”

According to details about the Merge, the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism is a manifestation of the merger between Ethereum’s mainnet and the Beacon chain PoS system.

Ethereum’s website notes that by transitioning to the PoS model, the network has reduced its energy consumption by approximately 99.95% overnight. The change would significantly affect Ethereum and the entire cryptocurrency industry, including NFTs and the following web cycle. Henceforth, there would be no more miners, high-powered computers, and ETH mining farms.

Celebrate Ethereum’s Merge success with “Proof of Steak.”

The 99.95% discount offered by Chipotle is equal to the projected overall energy savings achieved post Merge with Ethereum’s transition to proof-of-stake consensus. According to the announcement, the offer is only valid between Tuesday, September 27, and Tuesday, October 4, at any Chipotle outlet in the U.S. Chipotle has also Tweeted a paragraph from Flexa’s medium post, which read:

“After the Merge, Ethereum now uses 99.95% less energy. Celebrate with 99.95% off the NEW Garlic Guajillo Steak at Chipotle when you spend ETH using Flexa.”

The collaboration and savings offer underscores Chipotle’s commitment to fostering a better world. As part of this effort, the restaurant chain sources meat from farms that treat their animals humanely while upholding environmental friendliness in their farming endeavors.

With terms and conditions applying, Chipotle calls upon every Mexican food enthusiast to take advantage of this special deal by using a Flexa-supported app to pay with ETH at any outlet in the U.S. before October 4, while supplies last.

Customers who do not have a Flexa-enabled app can download SPEDN and make some ETH deposit to kick-start their experience with Flexa’s instant digital currency payments at Chipotle.

According to the promotion terms, customers must use the Flexa payment method and Ether (ETH) as a currency to enjoy the discount. In addition, the offer excludes online or in-app purchases and is limited to one acceptable transaction for every Flexa account. This translates to a maximum value of $20 per purchase. The terms also underscore that the offer cannot be stacked with any other offers or discounts the restaurant provides.

Chipotle started accepting digital currency payments on June 1, 2022, with Flexa benefitting from exclusive rights. With this debut, customers can spend their crypto, including Bitcoin (BTC) and other digital currencies, from any Flexa-supported app.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BlockchaincryptoethereumWeb3
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