@everyone - from dadgoescrypto.
28 Jun 2023, 19:31
@everyone - from dadgoescrypto
We've announced the phase out of Alchemist mid March, and wanted to provide visibility on the last steps of this process:
1️⃣ -dAPP availability:
In theory, chains created on the very last day should have reached 150% on 05/30 for Silver chains and 06/21 for Gold chains.
In order to cover users that have left the chains without paying upkeep we will extend the dAPP availability up to Monday July 17th and then stop it.
We don't plan to migrate the dAPP to the new servers.
➡️ You can keep claiming up to July 17th which should cover all active wallets.
2️⃣ -$ALCC in wallet:
Once the dAPP will be stopped and we get the funding to cover the $ALCC in the remaining wallets, we will be managing USDT Claim/Airdrop.
We won't reopen $ALCC trading with significant price impact each time we approach the liquidity limit
=> will be valued at 10 USDT per $ALCC (minus the usual 15% Sell Tax)
(This is also avoiding spending coders time to rebuild the price stabilization process)
Based on the dependency on revenue generated there is no ETA for this last phase yet.
More details to come on this very last process step.