In strict adherence to the "Proposal for ACID Project Adjustments", where it garnered an overwhelming 98.
19 Sep 2023, 07:23
In strict adherence to the "Proposal for ACID Project Adjustments", where it garnered an overwhelming 98.46% approval rate, the transition from ACID tokens to A1.5 tokens has been seamlessly executed.
For addresses that received LSDOGE due to not timely subscribing to the swap according to the proposal terms, if they wish to swap their acquired LSDOGE for A1.5 tokens, the community allows them to publish a proposal on Snapshot requesting community approval. To facilitate users in initiating and passing proposals, the required number of votes to initiate a proposal has been reduced from 10,000 to 100, and the minimum number of votes required to pass a proposal has been reduced from 30,000 to 10,000.
ETH10K Marathon:
Undoubtedly, the focal point of our journey has been the ETH10K Marathon, which remains unwavering as the original consensus within our community. This collective commitment dictates that we will conclude the project's operations upon achieving the monumental milestone of $10,000 for ETH. Despite the considerable challenges encountered on this path, adhering to our community's shared vision promises substantial returns, and for those who choose an early exit, it presents an opportunity to acquire ETH at a discounted rate.
Additionally, to ensure the continued smooth operation of the project, it's important to note that the Redeem Contract will be promptly replenished should its balance ever dip below the 20 ETH threshold.