SwissBorg Partner Vault Statement

Connor Kirsten
XBorg
Published in
2 min readMay 24, 2023

We would like to provide an update on what occurred earlier today, as some users were unable to invest in XBorg via SwissBorg’s Partners Vault.

The first transactions were submitted at 2:00:39 PM, and by 2:00:47 PM, the eligible transactions had reached a total of 300k USDC. The system continued to accept transactions until all the initial $300,000 worth of transactions were processed, which took approximately 5 minutes. The vault then closed.

During this time window, users were still able to submit transactions, but these transactions were ultimately rejected a few minutes later as the initial $300,000 got processed.

We understand the frustration among users who believe in XBorg’s vision and wanted to participate but were unable to do so. There are still two vaults opening later this week: the Genesis/Generation Vault and the Premium Vault, which we hope will provide an opportunity for those who were unable to invest today.

Furthermore, if you believe in what we do at XBorg, you also have the option to acquire a Prometheus NFT and play a key role in the governance of XBorg and the development of our technology whilst getting a guaranteed $3,000 allocation in our seed round at a discounted valuation. Owning a Prometheus NFT also earns you a vested airdrop of $XBG tokens at TGE based on how long you have held the NFT as well as many other benefits.

Thank you for your trust and interest in XBorg. Let’s build the future of gaming together!

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