2021-09-29 11:06:46
HELLO PADD ARMY!
We have been having a work-packed day, and we are working extra hard to make sure the Launch mishap is solved reasonably. The plan we have opted for will result in leveling the playing field of every PAD investors, and this will also ensure that investors who already made a profit cannot profit again during the relaunch.
What follows next has been explained below, please read each & every point:
New $PAD contract has been made with rectifications and it will be sent for Audit. We don't want to see the mishaps again, so preventive actions are already in the new Contract.
Every transaction that was done on the now void contract will be checked & a list of those who have claimed their tokens on KCLPAD and sold at a price higher than the IDO Price will be made. These addresses won't be able to claim the first 20% during the relaunch. But the remaining 80% will be claimable in accordance with the vesting schedule. Since our investors are unable to claim from the Presale-X, we will be making the claiming link available for them on KCLPAD - this will enable us avoid the claim mishap on Presale-X until we have our contract audited.
Those who claimed early and received only 60% of the claimed tokens will be airdropped the remaining 40% tokens. This applies to those who have sold the 60% tokens at a profit, meaning sold at a price higher than the IDO price of $0.013.
Those who have claimed their Tokens but didn't sell any portion of it will be able to claim tokens again during the relaunch of $PAD.
This whole procedure will take at least 8 days for us to sort everything out. This much time is needed to ensure everything goes according to the plans. We are only doing this to ensure that no investor finds the process unfair or suffers a loss.
638 viewsedited 08:06
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