2021-04-12 17:14:11
TotemFi’s Week in Review
It’s been a hell of a week for the Totem Warriors! Massive thanks for all the support everyone showed in helping us have a successful TGE.
The headline news is that Tuesday saw our IDO on DuckSTARTER and Gate.io, followed by our full listing on Uniswap! Our launch was a great success, with $TOTM reaching an all-time-high price of 122x IDO price, before settling down at over 10x!
Our partnership with Ferrum Network’s Fair Launch Protection Service saw us successfully prevent a number of bots harming our community during the launch, including one that was attempting to put in a 150 ETH order! That liquidity is now locked up indefinitely, along with the corresponding $TOTM tokens.
While this was successful in preventing bots, we acknowledge there was an issue with the technology which caused a 20 minute lock on selling. As a result some of our favourite gem hunters aped in during this confusion. A number of the gem hunters were valued community members, personal friends and family which was frustrating for us as a team. We’ll keep working day and night to get us back to that 100x (and more.).
We also announced a great partnership with our friends at Bridge Mutual, which will provide an added layer of community protection when our platform launches! Their industry-leading decentralised p2p/p2b discretionary risk coverage platform will safeguard the values within TotemFi’s ecosystem
Our audit report by Certik also got published this week, and you can find it in full here: https://bit.ly/3dd4kJg. It has also been submitted on etherscan and should appear there shortly.
Lastly, this week saw the launch of our exclusive Totem Oracles Telegram group, which will provide exclusive offers and opportunities for all Totem warriors hodling 500 $TOTM tokens or more! Our $25,000 Coinbase IPO giveaway is well under way, and we’d advise all Oracles who haven’t entered yet to do so straight away for access to some BIG rewards!
Even though we’ve now launched our token, the TotemFi journey has only just begun! We’ve got some very exciting news and announcements in the pipeline, and we’re confident that the future has very bright things in store for everyone in the Totem community!
Thanks for reading,
Team Totem
#LFG
970 viewsDaniel | TotemFi , 14:14