Paysenger refund has been airdropped to your wallets. The 40% tokens unlocked at TGE are now a free airdrop (an instant 1.5x at market rate).
Paysenger SHO has been converted to a Zero-Cost SHO.
Clarity on the Refundable SHO and Zero-Cost SHO Model
These SHOs have a clause for the participating project: if participants are expected to be at a loss, the SHO is converted to an airdrop.
- The TGE unlock is free (you can keep it, sell it)
- The entire purchased amount is refunded
Paysenger (EGO) Conversion to Zero-Cost SHO
Paysenger has a 40% unlock upfront. These tokens are now an airdrop.
Any amount paid for the allocation is refunded as it's been converted to a zero-cost SHO.
Why is the Platform Including Refundable SHOs and Zero Cost SHOs
Expanded formats of the SHO open the platform to more activity, while offering essentially airdrops to users.