Dear SMT community,
After a thorough evaluation of our project's current status, funding availability, and broad market trends, in collaboration with our esteemed partner, Student Coin, the SMT team has decided to stop its operations and initiate a token redemption program.
We are convinced that reallocating the remaining SMT’s funds towards a well-structured redemption and repurchase process will serve our community more effectively than continuing our marketing agency activities in the present digital currency environment.
This decision reflects our dedication to ensuring fairness and transparency for all $SMT token holders and the broader community.
We will meticulously craft the redemption process to accommodate the various methods through which tokens were obtained, such as through purchases, airdrops, bonuses, and promotional partnerships.
This ensures that we acknowledge and appreciate the distinct contributions of each participant to our project. Additionally, the redemption of $SMT tokens, in conjunction with $STC tokens, will be easily facilitated through the STC Wallet.
This process is designed to be straightforward, requiring no additional actions from those who have stored their $SMT tokens in the STC Wallet.
Key Points on SMT Redemption & Repurchase:
For 97% of $SMT holders who kept their tokens in the STC Wallet: Your $SMT tokens will automatically be converted into $STC. This conversion will be reflected in your account under sections titled STC, ETH, SMT, LEAN from other sources.
Additionally, any USDC due from your $SMT holdings will be automatically processed during the redemption in the STC Wallet without needing any further steps.
For 3% $SMT holders who kept their tokens on-chain or with ProBit: The Smart Marketing Token team will provide the necessary liquidity to enable the sale of your tokens in the open market at a price higher than the current market rate starting June 9, 2024.
The price will depend on the liquidity left from SMT redemptions at STC Wallet. Please note that this option to sell will be available for a limited period.
The redemption price range will be from $0.20 to $1.00, depending on the activity of the individual user. We invite you to read the full announcement here: https://t.co/OlnyHIUWLB.
Thank you for your trust and support.
Kind regards,
Smart Marketing Team
Dear SMT Community,
As we close the journey with Smart Marketing Token, we want to acknowledge and thank all of you who have been part of this incredible experience.
Over the last three years, your unwavering support has been the backbone of everything we’ve accomplished. Whether you were an early adopter, a token holder, or simply a member of our community, your dedication and trust allowed us to grow and evolve as a project. The journey has been filled with innovation, collaboration, and milestones we reached together.
With the redemption process approaching its end, we want to express our deep gratitude for the commitment, patience, and engagement you’ve shown throughout.
Important Final Steps
In just a few days, on October 9, 2024, the SMT project will officially be closed. This marks the last chance for holders of SMT tokens to complete the redemption process.
We’re proud to share that more than 97,5% of SMT Tokens have already been burned, with almost all users successfully proceeding with the redemption process. We appreciate your patience and participation, and now we encourage any remaining token holders to finalize their redemptions before the deadline.
Once October 9 passes, all remaining SMT-related activities will cease. Our team will close all active systems and services, and Helpdesk support will no longer be available. At that point, any tokens left in the STC Wallet will be automatically burned, and all associated data will be permanently deleted.
If you still hold SMT tokens in a DeFi wallet, such as MetaMask or Ledger, please ensure that you redeem them before the deadline. After October 9, no further assistance or redemptions will be available.
For detailed instructions on completing your redemption, please visit https://t.co/wKFi0vtadA.
Final Message
This is our last message to you as the SMT team. We are proud of the community we’ve built together and everything we’ve accomplished along the way. Your support has made all of this possible, and we wish you continued success in your future endeavors.
Thank you for being part of this journey.
Warm regards,
The Smart Marketing Token Team
Dear SMT Community,
As we reach the final stage of the Smart Marketing Token project, we want to remind you that the last phase of SMT redemption will officially close on October 9, 2024.
This is an important reminder for all users holding SMT tokens on-chain. You have seven days left to redeem your tokens. The redemption process will no longer be available after October 9, 2024.
Additionally, please note that on October 9, 2024, support on Zendesk will also be closed, and we will no longer be able to address any issues or inquiries. If you still hold SMT tokens, we strongly encourage you to complete the redemption process as soon as possible by following the instructions on https://t.co/wKFi0vtI38.
For STC Wallet users, please remember that the wallet will also be closed on October 9, 2024, and all user data will be permanently erased. Be sure to take the necessary steps before this deadline.
We greatly appreciate your support throughout the SMT journey and are committed to ensuring a smooth redemption process in these final days.
Warm regards,
The Smart Marketing Token Team
SMT Token Delisting Schedule 📆
In accordance with our SMT Redemption plan to redeem 100% of the token supply in circulation, we are now coordinating the delisting of SMT token from exchanges.
Please review this announcement to ensure that your tokens are properly redeemed, and read the full announcement at https://t.co/wKFi0vtadA.
⏳ Probit Delisting Timeline:
🗓 June 28, 2024, 08:00 UTC+2
Deposits closed, trading pairs removed, and all open orders canceled.
🗓 July 28, 2024, 08:00 UTC+2
Withdrawals closed.
✅ Important actions for users:
- Make sure to sell your SMT tokens on available trading pairs or withdraw them to your DeFi wallets.
- Please sell your SMT on the exchange or withdraw them to your DeFi wallet and convert them to USDC on-chain.
🔔What will happen after delisting from the exchanges?
According to the announcement, by the date indicated above you must withdraw your tokens from the Probit exchange or convert them. After the deadline, any remaining SMT tokens will be forfeited.
We do not control the tokens held by our community on centralized exchanges; therefore, if you have any questions, please contact the exchanges directly. We strongly recommend that you withdraw your tokens immediately.
🔗What about on-chain?
On-chain liquidity will remain unaffected, and tokens can continue to be exchanged via on-chain platforms.
We appreciate your commitment and support in the redemption process, which made everything run smoothly and quickly. Thank you!
🔥 Burn update!
The SMT Redemption process is in full swing. We've successfully burned 9,398,126.866 SMT tokens, making up 94% of the total $SMT supply.
All tokens held by the project have been completely burned. Check it out here: https://t.co/oqu9jZJzYC
Everything is running smoothly, and we are incredibly thankful for the community's unwavering support and warm messages. Your commitment means the world to us. Thank you! 🙏