Important announcement about Lemonade DEX and the .sale website
In April of this year we announced that the entire Lemon Network ecosystem will be migrated to the Polkadot blockchain through its different parachains. As a result, we have been working day by day to make an orderly, secure and scalable migration that allows us to consolidate all our projects.
Today, in addition to updating you on the progress of the project, we would like to inform you about the closure of the Lemonade DEX on the Energy Web Chain and the lemonnetwork.sale website.
Lemon Network Ecosystem Update
On April 30 we launched the Lemonade DEX, complying with RoadMap planned, this platform currently operates with basic functionalities, if we compare it with the Lemonade development plan that consists of many more operations such as Stacking, Lottery, Dashboard, Swap, Magic Box, among others.
Since the release of Lemonade we have not made any updates or added more features as these will be presented in the DEX that will be on the Moonbeam network.
The token is already created in Moonbeam parachain and we are currently developing the process to execute the token migration to make it as simple and secure as possible for our investors. The smart contract and additional token info will be made public once we close Lemonade so there is no room for confusion.
We are also generating the entire LMN NFT campaign, all NFTs are being minted on the Moonbeam Network. The goal of this campaign is to raise awareness of the Lemonnet Social Network and create a gamification strategy so that all holders can become LMN Founder with NFTs that bring different utilities and benefits.
Closure of Lemonade on the Energy Web Chain
We are announcing DEX Lemonade will be closed on August 15th in order to carry out the entire migration in an orderly manner, focusing on the development and creation of all smart contacts on the Moonbeam network. In this way we don’t allocate resources on a platform that will no longer be operational for our ecosystem.
We also inform all users that they must withdraw all the liquidity contributed from the farms and staking of the platform before August 15th, since after the closing there won’t be a button to withdraw liquidity in the new DEX.
LMD Token
In a few weeks we will give more info about the LMD token, for the moment you should just leave it in your wallet.
ICO’s website
About lemonnetwork.sale website we consider that since the token pre-sale was launched until the current date, all investors have had enough time to claim their tokens and therefore, this website will be redirected to the new lmn.network website where all the ecosystem information is displayed. This will also take place on August 15.
LEMON ($LMN) Holders
Lemon Network Vault
Those who have deposited their Lemons ($LMN) in the one-year vault, with an expiration date of January 31, 2023, will receive their $LMN and corresponding returns for the whole year, once the token migration is completed. In this way we want to thank you for trusting the project in the long term.
When the time gets closer we will make public additional benefits for these holders.
LMN ICO Vault
In this case, investors have also had enough time to claim their vault tokens, otherwise they have until August 15th to claim them before the website closes.
If there is anyone still pending to claim their LMN from the pre-sale or from the LMN ICO Vault they should do it on the lemonnetwork.sale website before August 15 or they will have to contact the support team through the Discord channel or help@lmn.network for any questions or issues.
Token Migration, Phase 1
We almost have all the strategy settled up for the migration process and we thank you for your patience. Soon we’ll be making public how it will be carried out and the execution date. You can read more about Phase 1 here.
We continue to work tirelessly to transform our ecosystem and develop a sustainable and scalable project.
Do you have any questions? 👇 Join discord and ask our support team https://discord.gg/FugXj2952e
🍋 Join the Lemoners community:
Discord: https://discord.gg/FugXj2952e
Twitter: https://twitter.com/LMN_Network
Instagram: https://www.instagram.com/lmn_network/
YouTube: https://www.youtube.com/c/LemonAcademy
