Hey Amino Fam!
We apologize for the silence as we came up with a plan to sort all of our wAMO holders on BNB and MOVE app users.
As some may know from our TG announcements, our Pancakeswap liquidity pool for wrapped Amino on BNB was drained. This occurred due to a random hack of one of our developer’s wallets (no issues with any code). The total exposure was only ~50k USD, and the development company we used for the BNB contracts and bridge has already reimbursed us.
We have decided to take this opportunity to discontinue wAMO on BNB chain. The project was never intended to be a mining app and we have been wanting to move away from airdrop culture. Instead of re-adding the liquidity to wAMO, we are going to directly drop BNB to affected users.
Here is what you need to know:
DO NOT CLICK ANY CLAIM LINKS IN THE COMMENTS - THE DROP WILL BE DONE AUTOMATICALLY THROUGH AIRDROP
All wAMO holders with at least $2 worth of tokens pre-exploit will be automatically airdropped BNB to their wallets at the current value of $AMO on ERC-20.
wAMO holders with under $2 worth of tokens pre-exploit will only be airdropped BNB if they bought their tokens on Pancakeswap.
If you have less than $2 worth of wAMO that you already withdrew from the Amino Move app, you will be able to contact support and get your points back in your account.
All in progress AMO withdrawal requests will be reimbursed back to users’ accounts.
Looking forward: we are implementing a better system to redeem points. We want to encourage Amino members to redeem their points directly for gift cards and products in the new upcoming Amino Rewards Marketplace. Crypto enthusiasts can still withdraw and convert their Amino points to $AMO tokens on ERC-20 but we will have higher minimum withdrawal amounts.
We appreciate everyone for the patience and understand our decisions cannot please everyone but we always try to do what’s best for the true holders and future of the company.
@jonyvilly I have been using the #xenblocks monitoring app for 3 months now If you mine xnm / xuni / xblocks you need to be using this its a life saver 🫡
Friends and I built a web browser monitoring App for #Xenblocks Mining. Many #Xenians have asked me to use it and we're now 16 using it for a total collective hashrate of 696.5 Khs that would rank 1st on https://t.co/4F7LWnttyG, the actual real 1st miner having 533 Khs $XEN #X1
$AMO reversal looks like it’s officially in! SEND it!!! Still haven’t taken any profits because I believe it’ll be a top #Crypto project in 2024! @aminorewards
https://t.co/WGA3ntg8y3
Hey Amino Fam, this message is regarding pre-launch seed sale token buyers. For earners on the Move app - wallet connect is scheduled to go live with the @chainlink bridge next Wednesday.
We have added an option for $AMO seed contributors to claim the remainder of their tokens now, with a 50% penalty. If accepted, the penalty tokens will be sent to a burn wallet. Seed contributors can opt-in to this deal on the Magna app until Feb 21st. Tokens will then be released on Feb 22nd. Just log into your https://t.co/gFfGhHYn9u dashboard and you should see the option beside the claim button. We are posting this publicly in advance so the $AMO community is aware, and that this may result in some tokens being released earlier than outlined in the whitepaper.
This decision is in response to consistent heavy sell pressure from our seed sale. Several of the largest $AMO holders reached out requesting the team to find a way to release the seed tokens early. Many prospective holders have also expressed concern in joining our community until more of the token supply is in circulation. We believe this is the best way forward for the project and also decreases future unlockable tokens through burning early claim penalty tokens.
We've achieved a significant milestone with the successful completion of the initial 20% rewards drop! Celebrate with us as Wrapped Amino now boasts 75,000 holders on @BNBCHAIN! 🍾🍾🍾
For those who may not have received their tokens or received fewer than expected, consider the following possibilities:
🔴 If you only requested the airdrop today or yesterday.
🔴 If you entered an invalid receiving wallet or mistakenly used the $AMO contract address instead of a receiving wallet.
🔴 If you attempted to manipulate the referral system by referring fake users.
🔴 If you referred inactive users who did not complete the required 2 daily check-ins.
A gentle reminder: we are not a mining app that raised tens of millions for airdrops. We are a health and fitness company passionate about engaging and rewarding members with the opportunity to earn free tokens. Stay tuned for wallet connect instructions to receive the remainder of your tokens and future tokens, as well as updates on the bridge between ETH and BNB.
We appreciate your understanding and patience. Our goal is to build a lasting community, and we're excited to share incredible use cases for the earned tokens in the near future!
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$AMO shipping hard! Amino Shop is a game changer. Get ready for revenue. Revenues will be used to buy back the token from open market
Proud to back @aminorewards.
Big builders. Send it higher
We have made investment in Amino
Rewards project $AMO.
Their whitepaper is released and their
Shop is now live. Take a look, they
are building something cool.
There's a reason why you see so many chads in Amino $AMO and more joining by the day.
People are starting to put together the pieces that this very well could be a billion dollar project in the making, and can become the leader in brand loyalty & shopping. Future is very bright.