$CREDIT Transparency Report

PROXI
PROXI
Published in
2 min readAug 26, 2020

#Special reminder to the community#

1.PROXI Team released $CREDIT tokens for Community-round whitelisted investors and strategic investors at 17:00 PM HongKong Time yesterday (August 25th). Due to the congestion on Ethereum, we simply could not guarantee that all recipients received the $CREDIT tokens simultaneously.

2.Uniswap applies an AMM mode based on a mechanism of Bonding Curve, when large amount of tokens are released ($CREDIT circulating cap was close to 5 Million in USDT based on the price of 1$ at that time), sell orders were accumulated and a token-run happened. Coupled with low market depth on Uniswap, drastic price drop happened. Please calm down.

3.Today, $CREDIt will be officially listed on Bithumb Global first and listed on Gate.io and Hoo.com next. We propose that $CREDIT token holders and supporters can trade in these three exchanges where the liquidity and market depth are better.

#$CREDIT Transparency Updates#

PROXI team hereby publishes the $CREDIT token holding addresses below to deliver our promise of transparency to the community.

Mining Pool
0xdede98ffe3f416b9b02c04bbea836cf3cfc20ffb
Number of tokens: 49,500,000

Foundation
0x1404a25567628b6a6bb614b220b343d29abc9fb5
Number of tokens: 13,500,000

Ecosystem
0x336b74522540bb189e4427dead115bb8f2ec2fee
Number of tokens: 13,500,000

Team & Advisors
0x65b234538f6a6fe76519cf05c94de3957565d00d
Number of tokens: 12,000,000

#Token Distribution & Vesting Schedule #

Token Release Schedule

About PROXI

PROXI is DeFi 2.0 for Cross Chain Derivative Issuance and Credit Lending. PROXI provides the smartest way to invest derivative assets and earn interests with credit-based high leverage tools through the decentralized secure protocol.

The mission of PROXI is to build a one-stop platform for cross-chain multi-asset collateral service, Credit-based lending, derivative issuance, trading and asset management in the DeFi area, providing users with revolutionary, decentralized, and risk-minimized financial products.

Contact Us

Telegram: https://t.me/proxi_defi

Twitter: https://twitter.com/_ProxiDeFi

Official website: https://proxidefi.com/

Discord: https://discord.gg/N6PUXVh

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PROXI
PROXI
Editor for

DeFi 2.0: Cross-chain Derivative Issuance & Credit Lending