In preparation for the PADD token re-launch on the 10th of October, we’ll like the PADD army to take note of the following details as it will be beneficial to potential token holders on re-launch.
LAUNCH DATE: 10th October
LAUNCH TIME: 12:30pm UTC
DEX LISTING: Boltrswap (Boltrswap)
MEASURES PUT IN PLACE TO PROTECT YOU:
In order to help protect the price of the token and to make sure that we have a successful re-launch, we have put the following measures in place;
- We have implemented a tax of 30% for the first 3 hours of launch such that selling PADD tokens within the first 3 hours of launch attracts a tax of 30%. This is further reduced to 7% after the first 3 hours of launch. The 7% tax will remain applicable until CEX listing upon which the tax will be removed. Revenue generated from the tax will be given back to the community in form of a reward. A detailed article will be released on this shortly.
- We have also blacklisted some known bot addresses to make sure that they do not mess with our liquidity or snip our contract on launch.
All these measures have been put in place to make sure that our token holders are protected as we are very much concerned about protecting our investors.
The claim button will be available on the KCLPAD platform. Link for claiming will be sent across all social media channels on time. Investors who purchased on presale-X will be able to claim and those claimed the previous tokens on KCLPAD and did not sell will also be able to claim the new tokens. Those who sold at a loss or were taxed 40% when claiming will also be able to claim the remainder of their tokens.
- Temporary Closure of the Group: To avoid FUD and spread of wrong contract addresses – we will be closing the group 45 mins to the listing time and the group will be opened once we are sure that the new contract address which will be announced has been properly added to metamask by our community members.
- Even after opening up the group, community members found fudding or causing an unpleasant uproar in the community will be immediately banned.
PADD NFTs COMPETITION
On re-launch, PADD Finance will be kicking off an NFT competition where $1,000 in $PAD token will be used to purchase PADD related NFTs on NFTsrealm. This competition will last for a period of 1 week and will end on the 17th of October. Token holders can also mint, buy and sell NFTs on NFTsrealm using PADD token.
$PAD holders will be able to farm $PAD to earn $BOL. A detailed article on this has been released and can be found by clicking the link below.
Join us on our different social media channels:
Telegram Group: https://t.me/paddFi
Telegram Channel: https://t.me/paddfinance