Firstly, we extend our sincere gratitude to the community members for their tremendous support of our product. After one-week public beta test, Dexbot version 1.0 is set to go live, featuring the newly added referral rewards feature and the simultaneous launch of the product’s native tokens.
As part of the Dexbot 1.0 release, 920 million unused testing tokens will be permanently removed. Of the 80 million testing tokens currently in circulation, they will be repurposed as the initial supply of the product’s native tokens, following a 1:1 ratio. Also, A 5% transaction tax will be applied to the newly issued tokens, of which 2% will be allocated for weekly token burning until 8 million tokens have been burned.
Immigration Details
The token immigration process will commence on August 13th at 14:00 (UTC). There is no time limits for the immigration, and token trading will simultaneously commence at the immigrated prices of the testing tokens. At 15:00 (UTC) on August 13th, the trading of testing tokens will be suspended, and we will enhance liquidity for the immigrated tokens’ LP. The community can apply for the new tokens through the official website link.
In the upcoming days, we will disclose further details about the token burning and immigration process. Please stay updated by following our Twitter and Telegram channels for the latest information.
