After internal discussions & review of $PB's scope, we have also renounced the $PB token contract, alongside the staggered buybacks ๐ค
An incident like before cannot occur again. Taxes will remain at 5/5 & the team will continue the buyback directive for the foreseeable future.
We have had extensive internal discussions for the best strategy/recovery ๐ค
1โฃ We will be operating a buy-back of $PB with funds from revenue sharing/taxes since our TGE (60 $ETH) in a staggered manner.
2โฃ Tokens from the buy-back will be locked under a vesting contract and strategically rewarded to community members/partners
3โฃ We will also address the previous badly executed marketing partnerships and go with more reputable/effective deals
We know that the current outcome has been negative but we would like to remind you that the team has delivered several times for P2B, including the release of our product before anyone else, alongside its fast and efficient performance.
We did not intend for the 20% sell tax to negatively effect the community and it was a protective measure against predatory negative actors who had been strategically dumping our token without carrying out any support or marketing work.
As a team, our expertise is not in the marketing / growth field โ but the development aspect and as such certain parties took advantage of this for their financial gain.
๐ค Further to this analysis on-chain proves undisputedly that the team/deployer sold not a single token during the dump event and it was carried out by third parties/buyers who purchased $PB on the open market.
We have been a 95% circulatory token since our LBP and did not contribute to this event.
We thank you all for your support and we are sure that the above strategy will restore the market valuation of $PB.
We have had extensive internal discussions for the best strategy/recovery ๐ค
1โฃ We will be operating a buy-back of $PB with funds from revenue sharing/taxes since our TGE (60 $ETH) in a staggered manner.
2โฃ Tokens from the buy-back will be locked under a vesting contract and strategically rewarded to community members/partners
3โฃ We will also address the previous badly executed marketing partnerships and go with more reputable/effective deals
We know that the current outcome has been negative but we would like to remind you that the team has delivered several times for P2B, including the release of our product before anyone else, alongside its fast and efficient performance.
We did not intend for the 20% sell tax to negatively effect the community and it was a protective measure against predatory negative actors who had been strategically dumping our token without carrying out any support or marketing work.
As a team, our expertise is not in the marketing / growth field โ but the development aspect and as such certain parties took advantage of this for their financial gain.
๐ค Further to this analysis on-chain proves undisputedly that the team/deployer sold not a single token during the dump event and it was carried out by third parties/buyers who purchased $PB on the open market.
We have been a 95% circulatory token since our LBP and did not contribute to this event.
We thank you all for your support and we are sure that the above strategy will restore the market valuation of $PB.
Links ๐ค
More information about PerpBot can be found in our official docs: https://t.co/dOpVgIambs
Join our Telegram for any further questions: https://t.co/l8RHm1VPEe
9/9
Revenue Sharing & Referral Program are LIVE ๐ค
โ๏ธ 50% of all fees + 40% of tax to $PB holders in $ETH
โ๏ธ 500 $PB to be eligible
โ๏ธ Tiered rev share multipliers
โ๏ธ Deposit fees ONLY
โ๏ธ 50% of earned fees to referrers
โ๏ธ 6000 $PB giveaway
๐ค https://t.co/WfGO9ITtZj
More ๐๏ฟฝ๏ฟฝ 1/9
Auto-compounding of your $ETH Rev Share ๐ค
For a consistently larger share of the revenue, we have included the option to enable auto-compounding through the dashboard, where $ETH rewards from revenue sharing are automatically converted into $PB.
๐ https://t.co/WfGO9ITtZj
8/9
If you haven't already be sure to check out telegrams first and only bot to provide deep liquidity on perps ๐
- Instant execution
- Secured by DyDx's L1-L2 contracts
- Multiple order types & leverage
- Fast & Secure deposits and withdrawals
$PB
https://t.co/rgYL7MoGeo
T-24 hours ๐ค
Revenue Sharing & Referral Program.
โก๏ธ 50% of all fees from the P2B Perp Hub, together with a portion of taxes will go back to $PB holders (500 $PB to be eligible)
โก๏ธ 50% of all generated fees will go back to the referrers through the Referral Program
PerpBot's Docs have been updated with the recent release of the P2B Perp Hub ๐ค
Learn more about PerpBot, Revenue Sharing, the Referral Program, how the Perp Hub (powered by @dYdX) works, and how to trade 37 perp pairs right from Telegram ๐
https://t.co/dOpVgIambs
$PB โก๏ธ
PerpBot @DuneAnalytics Dashboard Contest with $500 to the winner is now LIVE ๐ค
Calling all Dune Wizards to contribute to PerpBot's journey โ the first-of-its-kind perpetual trading Telegram bot in existence, powered by @dYdX โก๏ธ
More Info & How to Participate below ๐๐งต 1/4
$500 will go to the best @DuneAnalytics Dashboard created ๐ค
More info about PerpBot via these links:
โ Docs: https://t.co/dOpVgIambs
โ Website: https://t.co/th8gfNrWfm
Join our Telegram for any further questions: https://t.co/l8RHm1VPEe
4/4
P2B's Perp Hub is now live for everyone to use via the link below ๐ค
https://t.co/rgYL7MoGeo
โ Instant execution
โ Secured by @dYdX 's L1-L2 contracts
โ Multiple order types & leverage
โ Fast & Secure deposits and withdrawals
Learn more here: https://t.co/x618agfPtA
3/4
You asked, we delivered ๐ฅณ $PB
After extensive review, internal testing & a successful community beta๐งช
@TeamPerpbot is thrilled to officially share our flagship Perpetual Trading Suite ๐
How does it work?
What to expect ?
Find out more below๐๐งต