Token Conversion Page Launch and the Balancer LBP Period Change
Dear SafeStake Community:
We’d like to inform you that the token conversion page is live. After you transfer the STATE tokens to the conversion vault, we will manually distribute the DVT tokens to you weekly on a first come, first served basis AFTER the DVT token liquidity bootstrapping program. We cannot overemphasize the importance of the following notice to all holders of STATE tokens:
DO NOT use an exchange wallet to do the transfer!
DO NOT use an exchange wallet to do the transfer!
DO NOT use an exchange wallet to do the transfer!
Additionally, our developers have been busy testing the Balancer LBP contract and parameters and the $DVT liquidity bootstrapping program is targeted to kick off in one week. After consulting with our market maker, it seems that 90 days for the LBP period is too long, so we will shorten the LBP bootstrapping period to 15 days. After the 15-day period ends, we will move the LBP liquidity to a Uniswap V3 pool that will be the primary marketplace to trade/swap DVT tokens.
Please stay tuned for further announcements and updates. We appreciate and look forward to your continued support to grow the SafeStake ecosystem.
Sincerely,
The SafeStake Team.