The second buy back combined with a burn of the bought back tokens will happen tomorrow.
With those changes we can 1) reward our token holders and 2) continue to decrease the total supply.
The treasury funds will be used for future operational costs, marketing campaigns, etc.
The staking period will always be one month and will distribute all the bought back tokens from the previous month to reward SWIRL holders.
We already completed the first buy back and sent the tokens to the staking contract!
1) The SWIRL team also wants to send out best wishes to our former chat admin @acv987 who was a victim of death threats via DMs during todays events.
For everyone out there: Never forget that there are always real people behind nicknames and profile pictures!
3) We have a zero tolerance policy for stuff like that in our chats. Threatening other people in general and especially behind the protection of anonymity is just a disgusting behaviour.
If you demand kindness, act accordingly.
Today some former Wault marketing team members tried to start a FUD campaign against @Wault_Finance and its CEO.
They also tried to drag SWIRL into their accusations.
Here is the official Wault statement on the events:
1) Responding to FUD. 2 former marketing team members went rogue. They wrote an article with false accusations which only showed their lack of basic knowledge of blockchain&tech, fumbling around and misleading users while announcing their new project on Kucoin chain.๐คฃ More below
@rookiemamba@0xPolygon@Wault_Finance 4) it's already deflationary
5) you have launchpad access (also cross chain)
6) future government token of Wault
7) Alpaca pool in the making
8) unique, no cross chain clones
$waultx
34 days ago we bought back and burned Swirl tokens worth 500 BNB.
Today we reached the next 100 BNB milestone in collected fees from our dApp!
๐ฅ๐ฅ๐ฅ
Instead of giving free tokens to all those airdrop hunters out there, we want to reward our loyal community for holding on to their Swirl tokens despite the recent market crash and show them that they always have an impact on our decisions.
#BSCย #BinanceSmartChainย #staking
Single asset staking returns to the Swirl dApp!
Make sure to stake your tokens here to earn some sweet rewards: https://t.co/TfhlAPWShn
Start: Thursday, June 10th, 6 pm UTC
To bring staking back is a clear answer to the feedback we got from our community.
The plan was to use the funds for a 2nd airdrop, but our community asked for another way to distribute the Swirl tokens, because they were unhappy with the sell off after our 1st airdrop.
Did you know our smart contracts are audited by @rdauditors ?
We recently added the audit report to our website. You can check it out here: https://t.co/HS2oMzluKq