RE: Important Changes in WOXDEFI - ( 26/05/2022)
Adding to the above post
WOX-TRL LP in just money shall be removed and the tron from that pool will be used to buy steem around 7K and deposit in wox-deposit account and powerup
7K woxSTEEM will be released and added to liquidity pool that will be created on SUNSWAP v2 WOX - woxSTEEM LP with initial price of 1 WOX = 0.1 woxSTEEM
wox-bot will get delegations from xpilar and his team , xpilar.witness and myself , Plus wox-deposit accounts and will start selling upvotes
Upvotes can be purchased using steem , woxSTEEM and WOX token , Steem recieved for upvotes will be 50% powered up 50% sent back to wox-deposit account , woxSTEEM recieved to will be paired with wox and added to LP and wox recieved shall be burned
Delegations farm will be opened to delegate to bot and earn wox
Is staking disabled again ?
don´t put in fresh positions Xpilar has mentioned not to unstake and no new stakin until he will anounce it again, he posted that directly under the last post in the support area, not sure if also under the original post
dear @steem-supporter 17 days are over now not much has happened in these 17 days, or to say it more precisely there is nothing to see from it if there is some progress:
so actually with this kind of information politics the project will lose trust or at least play with the credit it has from its early investores and all the others.
I guess it would be best to speak open about the problems what lead to this lack of communication and multiple failure of some of the systems which was before up and running fine, there must be more than what I´ve found and adressed multiple times to the people in charge.
But hey if there will be no reaction I maybe forced to open up a bigger discussion about that in a wider audiance, because there is the possibility and the will to bring in significantly more funds, but therefore the old promises would first have to be kept in order to confirm the trust in the project and to remain invested or to invest further.
I´m not asking for a favor, I´m just asking for what was announced officially, and will start to push this project again into the right direction to make up the lost time ;)
so we will see if I will have a smile in my face shortly or if my mood change to another level.
Thank´s in advance for taking note and answer my questions
Don-T
I second your words. Transparency is a good way to run a project.
hello , thanks for taking your valuable time and commenting here . Yes we are close to what we have promised in the posts , but as the code might not work sometime just like that . Apart from that due to heavy transactions from our Treasury paying all the fees to WOX transfers we made we have almost finished $9000 on fees only that is why we want to make something that we don't loose investors money on. We yet don't have a valid ETA but yes good things will roll up .The reason staking and liquidity is halted is because we want to save $$ on fees
you´re welcome and thank´s for coming back on this issue, the points you mentioned are points I really was aware of, I also pointed some of them out in earlier conversations with the team.
I never understood why a rebase was needed in a 8 hourely rythm, it really doesn´t make sense and its wasting of money especially when setting up things on a structure with a fee system like here in this case on the tron-network, if someone in my comp. has come up with such an idea he had to grab his things and leave, even a daily rebase is somehow questionable sometimes, its just wasting money and resources and don´t bring a real benefit on the investors side.
And when you pair that with the low liquidity you will get very soon in deep trouble that´s a law, there is no workaround that can prevent these effects when doing it this way !
I hope you guys will be able to solve these issues soon, its a long and boring time now ;)
Interesting, I'm looking forward to the SP delegation farm. When the farm opens and retains high yield, it will bring more SP delegation.