Punk Protocol
@PunkProtocol
Followers
14K
Following
555
Media
63
Statuses
222
🚨RektPunk NFTdrop Live on https://t.co/rPrntziDhA🚨 ⚡️ DeFi 401k for Financial Freedom ⚡️ ☠️ THE WALLSTREET KILLER ☠️
nightcity
Joined February 2021
-Rekt Punk #NFTdrop on AUG 19th 16:00 UTC- ⏰About 15 hours left! @RektPunk_bot Price : 0.04 ETH each Mint Size : 10,000 Drop on : https://t.co/slT1331bbv discord : https://t.co/Wov0Gz2THy
27
21
54
@PunkProtocol will be buyin a couple later - my first toe dip into NFTs #excited
0
3
7
FYI, The total of $1,000/15 winners ($PUNK price being $20), that’s the math behind!
2
0
5
Reward for AMA @tehMoonwalkeR has been sent out! It was quite an enthusiastic reaction we had! To all winners, 3.3333 $PUNK have been sent to your address!
2
2
7
Thanks for the support and the spirit of #NFTCommunity! Love your #RektPunk 🦾👨🏼🎤
2
0
5
15. If you have any suggestions about protocol or token economy, it would be appreciated if you could make a formal suggestion through the Forum.
0
0
4
14. If you are a holder who wants to trade tokens, provide liquidity to a DEX and trade! The fees will all be yours. Alternatively, we will start distributing all the proceeds from the Rekt Punk sale as soon as the peUSD Contract security audit is over.
1
0
4
13. We will first be letting liquidity be handled by the market and leave the contributors to do their job. Even in the future, all decentralized contributors will not be involved with the price, nor will they have any obligation to list.
1
0
2
12. However, it is difficult to provide direct liquidity to a DEX at this time, as contributors have not been able to generate any revenue due to the attack on the ‘Model’. The protocol's top priority then is to normalize services and accumulate DAI through service fees.
1
0
2
11. Before the exploit during Fair Launch, there was an internal discussion as to using all of the Fair Launch's revenue to provide token liquidity.
1
0
2
10. As stated in the medium article in April, we would appreciate it if you could note that token holders can make multiple decisions through governance, but no one has the right to directly control individual contributors, as with all DAOs.
1
0
2
9. As you all know, Punk Protocol is a project created by a fully decentralized collaboration of contributors. Now, even though all the contributors have not been properly compensated, they are working hard out of their pure moral responsibility.
1
0
2
8. The developing contributors redesigned Saver V2 with the most efficient structure where we raised the level of security and save on gas fees. A rigorous thorough test will be done before the official re-launch.
1
0
2
7. Please understand with due diligence this would be the safest and fairest as of now.
1
0
2
6. To complement the issue, it is designed to burn the peUSD users own and properly exchange to DAI, once enough DAI is collected in the Recovery Treasury. This will be reflected on the code and will be requested to include the update in the audit.
1
0
2
5. The total of 3,951,644.67285929 peUSD tokens will be distributed pro-rata after the smart contract audit. -If users can exchange peUSD to DAI from the Recovery Treasury upon their convenience, there will be a critical issue on fairness.
1
0
3
4. However, it did happen and that amount was instantly recovered thanks to a help from some contributors and we could pay back the remaining addresses. Hence, we will not be rewarding Punk Tokens and peUSD to a certain user, which was originally scheduled.
1
0
2
3. There are two changes regarding peUSD. - The number of tokens have been decreased. It was not our intention to fully reimburse the following address (0x8ed32Ed24303092c016Cdb24d51e153AD88c4875).
1
0
2
2. The contract of both the protocol and peUSD is currently being audited. peUSD will be paid once the audit is finalized. Security comes as the utmost priority and the best audit company, Certik, is with Punk Protocol on this path. https://t.co/sS9e04KarO
1
0
4
1. Punk Token Compensation The distribution of PUNK tokens has been completed. It is to compensate the damage that occurred due to an exploit attack from August 10th.
1
2
7
0
1
2