Well, not the opening we hoped for! Contrary to popular belief we did in fact set the opening price on the exchange but there were lots of farmers willing to sell immediately for $.01 so the price corrected immediately. This is how exchanges work.
ANNOUNCEMENT: Based on network size, in approximately one week at block #420,480 rewards will be halved from 4 per block to 2. Keep farming guys, may your harvest be bountiful 🚜🌽🌾
#spare#sparecoin#sparenetwork
Today $SPARE became the first Chia fork to list on an exchange! It wasn't easy, but forging new paths never is. We're going to keep moving forward farmers 👨🌾🚜🛣️
@almariah@ArnolfoKukafu@alejoha18 @eGirlHunta @DDDD679 Just to be clear, we did set the initial price with the exchange at $20 which you can see in the minute view in XT. Farmers were just willing to sell much much lower... 🧑🌾📉
90 minutes until $SPARE’s initial exchange listing on XT! Whatever happens, we’re in it for the long haul. Any farmers out there planning to fight the good fight and HODL??
Some clarification:
1. We are in this for the long haul
2. We didn't make money off this listing
(in fact it costs a decent amount of money to list)
3. We think that $SPARE is selling at a bargain right now
Well, not the opening we hoped for! Contrary to popular belief we did in fact set the opening price on the exchange but there were lots of farmers willing to sell immediately for $.01 so the price corrected immediately. This is how exchanges work.
Anyone else watching the countdown on https://t.co/sjdXuk0lQW? Initial listing price will be $20. We'll see what happens $SPARE farmers: https://t.co/3XwbLiRVmp
Ahem! *clears throat* Let's try this again, shall we?
$SPARE's Initial exchange listing price will be $20 on https://t.co/sjdXuk0lQW 🚀Sep 8, 2021 at 06:00 UTC🚀
UPDATE: It appears most farmers are now seeing successful deposits of $SPARE on XT. We are now on standby waiting for XT to give us the all clear. We'll update everyone when we hear from them, which should be later today.
UPDATE: For farmers who cannot withdraw their $SPARE from XT right now this is to be expected until the listing occurs. Typically there is a very small window (a few hours) between initial transfer and listing, so it's not an issue. This is temporary!
UPDATE: The issues farmers are experiencing on https://t.co/sjdXuk0lQW are delayed transfer times and wallets not displaying $SPARE. XT is working to resolve things. We hope to list within 24-48 hours or sooner. We're frustrated, we know you guys are too. Thx for your patience 😭
UPDATE: We're still actively in conversation with https://t.co/sjdXuk0lQW's dev team as they resolve the $SPARE deposit issue. We will announce a new listing time when we are sure the issues are resolved.
@Stefan77023285 XT had technical issues which prevented many farmers from depositing their $SPARE, so yes we asked them to reschedule the launch to make it fair for all members of the community.
LISTING UPDATE 1 of 2:
Due to technical hiccups on https://t.co/sjdXuk0lQW some users haven't been able to deposit $SPARE in time for the listing. In order to make it fair for all farmers, we are delaying listing until issues have been resolved
LISTING UPDATE 2 of 2:
We will announce the new initial listing time once https://t.co/sjdXuk0lQW gives us the all clear and all $SPARE farmers can join the listing with the same opportunity 🧑🌾🧑🌾🧑🌾 Thanks for you patience everyone.