Token Sale, Listing & Staking Update

DeHub
4 min readJan 9, 2023

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The time is nigh

TLDR;

  1. Soft date for listing scheduled for 27/01/23 as we mint multi-chain on BNB, Polygon & Ethereum.
  2. Staking contract upgrade announcement, with new and improved model offering a smoother and more rewarding experience.
  3. Update on listing process and price for those who sent funds prior to the referral system going live.
  4. 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 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. This will ensure that users can deposit and withdraw to any chain of their liking. You will still initially receive your tokens on the BNB blockchain. DEX listings will follow and as highlighted in our previous comms we are not looking for AMM DEXS but orderbook DEXs. Our previous $5m liqudity pool was drained by arb bots and we need a new way, a better way, to protect the network and grow simultaneously.

Staking update

We’ve been upgrading the staking contract from a quarterly 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 will. Users can also 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 period staked. Those staking for over 4 quarters share the most rewards, which are staggered down to those that just staked receiving 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.

Sale Update

After over $200,000 of purchases, we’ve processed just under $10,000 in OTC sells thus far. Considering there is over $2,000,000 of net worth across the community’s holdings, we find this 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 DeHub as an example for any projects you are in currently or the future.

Any existing holders who sent funds directly to our wallet rather than minting via dehub.net will also be rewarded with the referral bonus. The logic and tech stacks were upgraded after the first transfers were made, 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 a free airdrop allocation for all current club members or LGE purchasers. The current marketplace fee for the token sale & NFT minting protocol is 10,000,000 tokens, though this is subject to change in future depending on performance. As we are not publicly trading, a set fee was agreed on this occasion which will be used as revenue. 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.io, then distribute it to all stakers and the burn wallet. We will be revealing the project in due course as they are building their own community prior to the reveal of their first sale and partnership with DeHub. Rest assured this will be the first of many. You guys knocked our LGE out of 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 all of you, we wouldn’t be in a position to announce this now.

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