Subpad: Recap of Recent Changes

At Subpad, we have been making some exciting progress lately, and we would like to share the latest news with you. Here is a quick rundown of the most significant events that have taken place at Subpad recently.

Successful SUB & xSUB Token Redeployment

Our recent token redeployment was a resounding success. The process was completed flawlessly, and we were able to ensure a seamless transition for our users.

We believe that the new token structure will enable us to achieve greater levels of stability, security, and most importantly best conditions for continuous token value growth.

The redeployment has been completed according to the Governance Proposal 1 results, which have been another success on our side — we have held the first Governance voting for our community!

We have decided to redeploy the token contract & perform Governance voting given the current situation of Subpad. More about the reasons why you can read here: https://medium.com/subme-app/subme-governance-voting-results-49e40fd7c92c

Introduction of Mechanics from Governance #Proposal1

Our Governance #Proposal1 introduced a range of new mechanics that we believe will help us achieve our vision of creating a more efficient and effective Subpad ecosystem.

These mechanics include the dao treasury & staking tax, introducing antibot measures, and increasing decimals from 4 to 18.

By implementing these changes, we believe that we can create a more sustainable and secure ecosystem that will benefit all of our users.

Kick-Off of Subpad V. 2.0 Launchpad and Successful IDO of PlayZap

We recently launched our Subpad V. 2.0, and our first IDO was a massive success. PlayZap, our first IDO since the launchpad upgrade, exceeded our expectations, raising 100% of the target with new community members joining our ranks.

We had over 500 active unique users at Subpad during the IDO, which was a great achievement.

We believe that this success is a testament to the strength of our community and the quality of the projects that we choose to work with.

Summary

We are excited about the future of Subpad and are committed to delivering a platform that meets the needs of our users.

We would like to thank our community for their support and look forward to sharing more updates with you soon.