To clarify, there is no change in token contract. The staking rewards are being funded from my own $DTF tokens I have purchased. The supply has not, and can not change.
The migration is into the DETF that I will deploy around the current $DTF/ETH pool.
Not change in tokens, not change in addresses.
This is being done so that my delay in deploying the DETF code does not become your problem in being there to enter.
@downto_finance You are really amazing and have such a great vision. We are all supporting you. I hope this time we can send our beloved DTF to the moon. He will be like our child, loving you, loving you, loving you.
@0xBiZzy I think this wave of panic is really great, hahaha. It eliminates even the unresolute holders, making future takeoffs easier. In fact, dev isn't foolish; he's very smart. He's being against humanity.
@downto_finance I think this wave of panic is really great, hahaha. It even eliminates those hesitant holders, making future takeoff easier. In fact, dev is not foolish; he is very smart. He is opposing humanity.
I apologize for how long the final testing has taken. Now that the work is complete I can define a roadmap.
First, as an apology, there will be a temporary staking rewards program starting tomorrow, Sept 4, and running until Sept 7.
6M $DTF will be available as rewards for staking $DTF for that time with no lock. Users may claim their rewards and withdraw their principle during that time, if they wish.
On Sept 7, any tokens still staked and unclaimed will be migrated to the protocol DETF rebasing token on or after 00:00 UTC.
This way, everyone can be rewarded for their patience, and give equal entry into the protocol DETF to accrue fees automatically. No need to worry, or stay up long hours to catch the launch.
For those that do not want to stake, or would rather play the market, you will be free to claim your staking rewards and withdraw your principle until the migration.
DETFs use deposits to buy into liquidity. So this migration could result in a drastic price drop depending on how much $DTF is staked and used as the deposit to mint the rebasing token of the Protocol DETF. Manage your positions as you see fit with this notice of protocol activity.