LOCK.space

YIELD on your Crypto for Retail and Institutional Investors | FULL Transparency | Low Entry Barriers | Available in Multiple Wallets | Open-Source

[LOCK.space @Lock_Space_]

We have received many messages in the last few days strongly regretting our last decision to lower the Staking APY/APR to 0%. Therefore, we would like to briefly reiterate why this decision was made and what's ahead for LOCK. This message will be shared on Twitter, Telegram and Email so that all current staking customers are informed.

We have received some messages accusing LOCK or the LOCK team of malicious behavior. This is definitely inappropriate and we strongly reject such behavior.

LOCK has put a lot of effort into the security from the very beginning to ensure that customer funds are secure to the greatest extent possible. See our video on the LOCK security concept: https://t.co/8ifMhQEPly

The security of customer deposits has always been the top priority at LOCK and still is today. The security concept has always worked as expected and there have never been any unwanted transactions. We are very proud of this.

Among other things, the security concept is designed in such way that no single employee ever has access to the customer funds, which is elementary for a custody set-up.
In the last few days we have received some messages that we should simply send back the customer funds. This process is exactly not possible, because the customer funds are extremely highly protected. The security concept can of course be adapted, but this cannot be done in a short time-frame.

Currently, the DeFiChain is facing a big update on the DMC and therefore it makes sense for LOCK to wait for this update first. Once the update is done, LOCK will re-evaluate the new conditions around the services on DeFiChain and then make another decision on how LOCK's product offering should look like in the future.

LOCK has always tried to offer the best product for its users and has done so over a long period of time.
We are very sorry that it is no longer possible to continue to offer this product. We would have liked to continue offering it and would do so, but the service does not generate enough revenue to cover the running costs. LOCK cannot and will not finance other projects, but uses the funds exclusively to ensure its secure operation. Of course, withdrawals are possible at any time.

Thank you very much.
Your LOCK Team

[LOCK.space @Lock_Space_]

Dear LOCK users,
We see that many of our users have remained loyal to our service over the past few months despite declining DFI prices, and have deposited large amounts of DFI into our Staking program. While it is great to see that many users are using our service, we regret to report that at current DFI prices, it is not economically viable for LOCK to continue offering the service at these fee rates.

While our revenue is 5.55% of DFI Rewards, our costs of running Masternodes remain in EUR due to server infrastructure and staff costs. So the revenue has decreased over the last couple of months as the DFI price has decreased, but our costs have remained the same. That is why, it doesn't make sense for us to offer this service under these conditions. Therefore we have to announce that we will lower the Staking Rewards to 0% from tomorrow onwards until the DFI price recovers.

Deposits and withdrawals continue to work reliably as usual.

Thank you very much for your understanding.

Your LOCK Team

[Jellywallet @jellywallet]

Exciting Updates for Jellywallet! 🎉

Gigantic Code Refactor !
👉🏻 Improved stability, speed & bug fixes
👉🏻 Set the stage for Ethereum & DeFiMetaChain integration
👉🏻 Extended Mode is back, now in its fresh design 😎
👉🏻 Staking: Reward Strategy for @Lock_Space_!

Important information:

The update has been rolled out to 50% of our users, and the remaining 50% will receive it shortly. If you wish to update immediately, you can reinstall the wallet.

[Michael aus Lönneberga @DeFiChainInfo]

Ihr habt bislang immer nur die LightWallet von der DFX genutzt und müsst bald umsteigen? Oder ihr seid neu im Geschäft und wollt mal @Lock_Space_ ausprobieren mit der @jellywallet zusammen?
Easy. Zeige ich euch heute. Viel Spaß!

https://t.co/F1UsS3SOQ9

[Santiago Sabater @Santiago__Sa]

Kleines Tutorial: So könnt ihr weiterhin über @jellywallet auf @Lock_Space_ und @DFX_Swiss zugreifen, falls der Zugriff auf die DFX Wallet im Store nicht mehr möglich ist.

https://t.co/DBLVx2IOvA

[DFX @DFX_swiss]

DFX discontinues commitment to the DeFiChain

DFX is holistically discontinuing its commitment to DeFiChain. This includes, in addition to the communication already suspended for months, the DFX DeFiChain Wallet already removed from the App Stores and, in particular, as of now, the FIAT On-Ramp and, probably as of December 31, 2023, the Fiat Off-Ramp.

DeFiChain was a project for us with the clear goal of building a truly decentralized community and blockchain. We honestly believed in this vision and tried our best to work towards it. Unfortunately, in our opinion, we have not achieved this goal and currently see no chance of being able to achieve it. Besides Cake, there are only LOCK and DFX on the base layer and unfortunately no other significant companies that have successfully built something. This, in our opinion, makes the vision of a truly decentralized DeFi Blockchain with a diverse ecosystem not realistic.

This decision follows a long decision process and has not been easy for the team. The DeFiChain was the base on which the team had found each other. With a lot of hard work and dedication, a very good product was created for our customers. The exclusively positive feedback on DFX's service has always been our driving force and we are very grateful for the trust placed in us.

As previously communicated, DFX continues to focus on creating an outstanding buying and selling experience as a payment provider for the cryptospace, focusing on Bitcoin, Lightning and Ethereum, as well as Layer 2 solutions.

The DFX DeFiChain wallet will continue to be available to all existing users who have already installed the app, as it is a non-custodial app controlled by the user. DFX's off-ramp service is expected to remain enabled through the end of the year. On-ramp for DeFiChain will be disabled effective immediately. Any purchases made will be automatically returned.

LOCK, as an independent company, is not affected by this decision. Customers of LOCK can still access their funds at any time without DFX using JellyWallet.

DFX does not have and has never had any business relationship with CakeDeFi.

Please note that neither DFX nor DFX employees would ever ask for your seed phrase. Never share this with a third party.

[LOCK.space @Lock_Space_]

RT @DFX_Swiss: It is impossible to buy #bitcoin with via bank into your wallet within just 2 min, right? 🤔

WRONG: DFX is the fastest way t…

[DFX @DFX_swiss]

The easiest way to buy $BTC directly in self-custody. Period.

Agree? Like and Retweet!

#Bitcoin

[DFX @DFX_swiss]

We are receiving more and more feedback about blocked accounts on CEXes, KYC processes becoming more complicated and lack of support for simple questions.

Use DFX directly from self-custody. Buy and sell 24/7. Up to 990 €/CHF without KYC.

Clear rules. No nasty surprises. 🤝

[DFX @DFX_swiss]

What a vibrant community 👀🚀
💙🧡 @arbitrum

What #arbitrum project needs an easy FIAT On- and Offramp?

[DFX @DFX_swiss]

🚨 Earn passive. Together. 🚨

Calling all DFX Ambassadors

Share your personal referral link with your friends/family and on social media. As soon as they buy or sell, you will receive 0.25% of the respective transaction volume as a referral reward.

No Limit with @DFX_Swiss 🤝

[Jonas_hivy @Jon_hivy]

Das @ralfpassing hier ohne Abstimmung PRIVATE Chats veröffentlicht, OHNE zu fragen, ob er diese verwenden darf als Statement, zeigt wie unseriös und dilettantisch er agiert, um neue Anbieter wie @Lock_Space_ an den Pranger zu stellen, welcher zweifelsohne einen riesigen Mehrwert für die @defichain gebracht hat und eines der letzten verbliebenen Unternehmen überhaupt auf der DeFiChain sind.
Ich bin sicher, es wurde auch bei anderen Anbietern wie CAKE oder DFX angefragt, ob die ihre kompletten internen Finanzen offen legen, oder @ralfpassing ?

[DFX @DFX_swiss]

Selling from your ��� #MetaMask back to your 🏦 bank account - the new WAY - with @DFX_Swiss 😎

https://t.co/4vXCNl8plW

✅ Easy as 1️⃣ - 2️⃣ - 3️⃣
✅ Up to 990 €/CHF without KYC
✅ unlimited TX volume with KYC
❌ No need for a CEX

@arbitrum @ethereum @optimismFND @BNBCHAIN

[Dr. Florian Lindner🌴🧑🏻‍💻 @flo_chainreport]

The can’t sync your @DFX_Swiss and @Lock_Space_ by automatically just entering the API from #DFX
@OliRuuu @JonasofLOCK

The can’t track the Yields Vaults, Cake Elite, LM etc form @cakedefi @andreattafab

[Dr. Florian Lindner🌴🧑🏻‍💻 @flo_chainreport]

A crypto tax software price comparison (German) with an example: purchase of a tax year with an account that includes 12,000 transactions spread over 4 years.

#cryptotax #finanztipps #kryptosteuern

[DFX @DFX_swiss]

It will blow your mind how easy it will be to sell coins and token from your @MetaMask directly to your bank account through our @DFX_Swiss exchange.

Anyone interested in a screenshot? 👀

Like ❤️ and retweet 🔄

@ethereum @arbitrum @optimismFND @BNBCHAIN

[LOCK.space @Lock_Space_]

@mrgrauel Congrats 🎉🍾

[DeFiChain @defichain]

DeFi Meta Chain's FloppyNet is now live! Test DeFiChain's EVM functionality on our public testnet alpha. Connect to MetaMask and deploy contracts today. Do expect rollbacks or intermittent connectivity.

Early testers are encouraged to use FloppyNet to test their applications and provide feedback so that we can make the next testnet launch as smooth as possible!

[Jonas_hivy @Jon_hivy]

#onpoint

[LONGEVITY HACKERS @BENE__LONGEVITY]

Wir haben uns heute zum ersten Mal in der "Expertenrunde" zusammengesetzt und darüber diskutiert, wie man @defichain verbessern kann.
Vielen Dank an alle die dabei waren. 🙏

DEFICHAIN EXPERTENRUNDE
https://t.co/2ewJQDU1ot