News from the DEHUB Coin Development team on January 9, 2023
The time is nigh
TLDR;
Soft date for listing scheduled for 27/01/23 as we mint multi-chain on BNB, Polygon & Ethereum.
Staking contract upgrade announcement, with new and improved model offering a smoother and more rewarding experience.
Update on listing process and price for those who sent funds prior to referral system going live.
New project confirmed to be launching on our marketplace, giving our holders the lowest price entry and a free airdrop allocation.
Listing update
We are setting a soft date for listing as the 27th of January. The new multi-chain contracts are being minted on BNB, Polygon & Ethereum and the exact division of the supply will be released once concluded. The total supply and tokenomics do not change and we simply just need 1 contract on each chain. Due to the notorious susceptibility of decentralised bridges, we will work with gate.io to ensure enough liquidity is available across all 3 chains, so users can deposit and withdraw to any chain of their liking. You will still initially receive your tokens on the BNB blockchain.
Staking update
We’ve been upgrading the staking contract for a quarterly system to an eternal system. Stake once, claim forever. The longer you stake, the higher your reward allocation every-time tokens are deposited into the contract for stakers to claim. Claiming is available instantly after depositing, meaning stakers can accumulate or claim at their liking. Users will also be able to compound rewards automatically adding any claimable tokens to their stake. We are expecting the contract to be ready within 2 weeks, just in time for our token distribution & listing.
The incentive model, places rewards into 3 different groups, depending on the time staked. Those staking for over 4 quarters share the most rewards, which is staggered down to those that just staked the least amount. Be sure to keep an eye out for more details as those who stake within a set time period will automatically be on tier 3 rewards
A clearer image of the logic is being designed and will be updated imminently here and on our whitepaper
Sale Update
After over $200,000 of purchases, we’ve processed just under $10,000 in OTC sells thus far which considering there is over $2,000,000 of community net worth is pretty outstanding. We have set the standard for token migrations and upgrades. No holder should ever be left without access to their funds in crypto. Use us as an example for any projects you are in currently or the future.
Anyone any existing holders who sent funds directly to our wallet as oppose to minting will also be rewarded with the referral bonus. The logic and tech stack was upgraded after the first transfer was sent meaning users missed out on potential rewards for being to excited to support the project. This was not right, as I’m sure we can all agree and I trust this resolution will appease all.
Major update
A highly promising new project will be utilising our marketplace for the first round of their token sales. There is also a free airdrop allocation for all current club members or LGE purchasers. We’ve received a $10,000 payment, which in line with our tokenomics will be used to buy back $DHB on listing day, withdraw it from gate then distributed to all stakers and the burn wallet. The current marketplace fee for the token sale & and NFT minting protocol is 10,000,000 tokens though as we are not publicly trading, a set fee was agreed which will be used as revenue. This is also subject to change in future depending on performance. We will be revealing the project in due course as they build their own community prior to the reveal of their first sale and partnership with DeHub. The first of many, rest assured. You guys knocked our ow sales out the park in the midst of the longest bear market in history while already being down a tear-jerking number of Xs from our peak. If it wasn’t for you all, we simply wouldn’t be announcing this now.