PrivacySwap DEX launch: important announcement

The PrivacySwap DEX launch is happening, but please bear with us!

Hi guys, as some of you already know, and some may not, weโ€™re going to reiterate some things here. We ARE going to be ๐ƒ๐„๐‹๐€๐˜๐ˆ๐๐† our launch to target the FIRST WEEK of JANUARY. The reasons are because: (1) Paladin strongly advised us to do so in order not to rush the audit and testing, and (2) we want to make sure that we launch a 100% flawlessly working DEX.

So what we are going to do is delaying our launch till we are 100% audited, tested and satisfied with our smart contracts as well as UI.

With that being said, there are some actions that must be taken.

1) We WILL need to lower our emission rates for ๐€๐‹๐‹ farms and pools. This is due to the fact that our tokens have a LIMITED supply. In order to ensure that the supply lasts until the migration, we HAVE to lower the emissions. We understand that users may not be too excited about the drop in APR, but this drop is temporary.

2) We will be revising our tokenomics a tad bit and then releasing them in order to give users clarity on how our token structure will look like after migration.

3) We will be conducting a private sale of ๐๐˜๐ƒ๐„๐— to private investors. They will be purchasing ๐๐˜๐ƒ๐„๐— at the launch price (same as everyone), but they will be getting bonus tokens which will be vested over three months. This private sale raise will be used for purposes of initial liquidity for our DEX pairs.

| Website | Telegram | Telegram Announcements |

| Medium | Twitter | YouTube | Gitbook |

--

--

--

Be a part of PrivacySwap, be a part of a better DeFi.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Donโ€™t let Spark Optimizer decide everything

Development Update, UniSwap LP, Future Plans & A Surprise

Feature of the week: Native IPFS support

IN and HAVING OPERATORS in SQLย :

ActiveRecord: A DataBase Model Seance

OCI DBCS patching using Software Images via REST API

Azure Cloud: What is Azure Function App? How to use it as tester?

K-D Trees and Nearest Neighbors

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
PrivacySwap

PrivacySwap

Be a part of PrivacySwap, be a part of a better DeFi.

More from Medium

Pollenโ€Šโ€”โ€ŠTelegram AMAโ€Šโ€”โ€ŠDecember 15

PrivacySwap 2.0 playbook: DEX

QORPO Weekly Report (19โ€“25 Feb)

Hero Park Farming Pool Launchโ€Šโ€”โ€ŠHP/BNB