Announcement of temporary shutting down DeFi farms at 12:00 UTC, February 14th, 2022

Don'tPlaywithKitty(DPWK)
DON’T PLAY WITH KITTY
1 min readFeb 11, 2022

Our initiative of releasing DeFi for DPK is to provide liquidity in preparation for the rise of DPK price and to bring more players into our game.

However, things did not go as expected.

As the DeFi production of DPK became unbalanced with our capital amount, the price of DPK fell continuously. We hope to alter this situation.

Therefore, to maintain an ongoing platform, we have decided to temporarily shutting down all our DeFi farms. The shut down will be held on 2022 February 14th at 12:00 UTC.

By then, V1 and V2 pools from DeFi farms will stop mining DPK. V3 pool’s long term staking rewards will be continued until the user claimed the latest long term reward (for clients who did not retreat their staking). Withdrawing from the Farm will always be ongoing until the pool is liquidated.

For example:

If you are currently only qualified to claim the 3 day bonus, you can claim your 3 day bonus and retreat your staking, or wait till 7 day bonus then claim, but you will not be able to claim any staking bonuses exceeds 7 days or higher.

Shutting down DeFi is our first step of reforming our economic model, we will continue to announce more reflection measures.

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