@BudhilVyas@WazirXIndia@NischalShetty
Whoever sold stolen tokens in panic to INR is now getting money being made from selling my not stolen crypto. Great.
Don't agree with socialized loss but it's understandable. But this is just too much. Snapshot to 18th.
#WazirXhack UPDATE 👇
Bhai log, WazirX ka "solution" aa gaya hai
Par yeh solution nahi, confusion hai 🤦♂️
Timeline recap:
18 July: Hack hua
18-21 July: Ghost tokens pe trading chalu rahi
21 July: Trading band
Ab kya plan hai:
1. 21 July ka snapshot
2. INR withdrawal
3. Crypto mein 55% milega, 45% gaya jab tak no recovery
Par yeh kya bakwaas hai?
1. 18-21 July ki illegal trading ko validate kar rahe hai
2. Yeh blunder hai, poora WazirX ka existence question mein aa jayega
3. NCLT mein case hone wala hai, pakka
Nischal bhai, yeh kya kar diya? Yeh plan toh users ko ullu banane wala lag raha hai
Sahi solution: Hack ke time ka snapshot lo, portfolio value ke hisaab se loss divide karo
Yeh arbitrary method se kuch nahi hoga, sirf aur problems
Lagta hai @WazirXIndia ne apna dimag bhi hack karwa liya hai 🙄
Users, stay alert
Yeh mamla abhi aur garam hone wala hai
@NischalShetty Hey could you explain why the snapshot is of 21st and not 18th?
I was with you till the snap shot thing. I didn't sell believing in you guys. It ain't right. If I had known I would have sold everything for 10% loss and called it a day. Make it 18th so it's fair for everyone.
@NischalShetty@Cryptowithkhan You stopped trading the time you didn't have the coins to back that trade.
Trades of Eth and eth tokens after hack are all ILLEGAL.
People who panic sold, are getting INR now from people who didn't. Socialized loss sharing is literally paying them. How does this make sense?
@NischalShetty@WazirXIndia You should lock the value of coins in USDT and keep in account. Pay them back eventually as you say goodbye to the exchange cause everyone else will sell and exit.
Or
Snapshot the day of the hack. Let INR withdrawals for amounts from the snapshot. Lock everything else.
Cont..
@NischalShetty Will this be implemented on crypto and INR portfolio before the hack or the portfolio on the day trading stopped.
How will it be possible to compensate the people who sold eth/eth tokens to INR after hack as it was not collateralised?
MON TOKENOMICS OVERVIEW
MON will be issued as an ERC-20 token. At the token genesis event (TGE), 1 billion MON tokens will be created as the total token supply, which will never increase. MON will be distributed and unlocked as follows:
Total Supply: 1B
Community Claim: 30%
Community Sale: 6%
Ecosystem Fund: 29%
Team: 15%
Strategic Sale: 13%
Liquidity: 5%
Launch Contributors: 2%
*Percentage per category is rounded for better readability, refer to the table below for a more precise number.
COMMUNITY ALLOCATION
As the first partner of the MON Protocol, the Pixelmon Community becomes the de facto launchpad community for MON.
~36% of total MON Supply will be directly dedicated to the Pixelmon Community through two distribution mechanics, and ~29% of the total MON Supply will be indirectly dedicated to the Pixelmon & MON Protocol Communities through the Ecosystem Fund.
TOKEN UNLOCK
100% of all $MON Token will be unlocked within 48 months from TGE.
Read more on the $MON Tokenomics here:
https://t.co/8CxcpDi2Df
🔥Swing call for 4-6 months
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⚠️No Reco!!!!
⚠️Consult your financial advisor before taking this call
⚠️Buy Qty as per risk capacity
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