Hello to all Dark fans,.
14 Sep 2022, 17:28
Hello to all Dark fans,
It's been a week since the migration began, and we've received a lot of positive feedback from the community. This proves that we are on the right track to earning our community's confidence and getting back on track. However, since the conversion rate in $DCF is still far below our expectations, affecting the plan to implement other activities in the future, we have made two decisions to accelerate the rate as follows:
1️⃣Converting ALL $LIGHT in DAO fund to $DCF: Since it's better to replace $LIGHT with a valuable asset as $DCF to serve the purpose of DAO for the community, this move fits perfectly for the benefit of the whole Protocol. In addition, burning $LIGHT will help ensure the stability of DARK's pegging process.
2️⃣SKY Reward emission for DCOF, DCRO, DUSDT, DUSDC, DBTC, DETH, and DSGD LP will end at 15:00 UTC Sep 14th, 2022.
Upcoming plan for $DCF utilities:
✅Within this week: forum and voting platform for $DCF
✅Sep 23rd: Farm $DCF LP to earn SKY.
Additionally, the new vaults for DEX on Dogechain will be postponed for a few days due to the current decline of the whole market. We will publish them soon under better conditions.
Thank you for your time and attention!