As many have seen, our liquidity hasn’t been extended like other times and now has just 7 days remaining until it unlocks. This represents 46% of our total locked liquidity. You can track the liquidity lock here: Liquidity Lock.
Meanwhile, 54% of our liquidity has been auto-burned from our 1% tax. To facilitate Qrolli’s rebranding to OpenSocial and transition to the Base chain with a new contract deployment, users need to send their $QR tokens to the deployer wallet. This is necessary because we cannot perform a simple snapshot and move on due to the burned liquidity.
Key Steps for Users:
1. Send $QR Tokens:
- Deployer Address:
0x81e928B637f7aE73f82E00e453bB7E97b6ACfe21 - Send your tokens to the deployer wallet as soon as possible to aid in the rebranding process.
2. Snapshot and Liquidity Unlock:
- After 7 days, a snapshot will be taken.
- Liquidity will be unlocked and sold on the open market to drain the burned liquidity.
3. Token Redistribution:
- The tokens sent to the deployer will be redistributed at a 1:1 ratio.
- Post rebranding, users will receive their new tokens automatically.
Important Note: Users who haven’t seen this message and fail to send their tokens before the 7-day period will still be eligible to receive their tokens post-rebranding if they were bought before the snapshot. Tokens bought after the snapshot and liquidity sell-off will not be eligible as prices will be low and liquidity very limited.
Key Dates and Timeline:
- Liquidity Unlock Date: June 3rd, 2024
- Snapshot Date: Right Before Liqudity sell-off.
- New Contract Deployment: Immediately after liquidity unlock
Benefits of Rebranding:
- Enhanced Features: Experience new functionalities and improvements with OpenSocial.
- Better Scalability: Transitioning to the Base chain ensures better performance.
- Improved User Experience: A refreshed interface and new features enhance user engagement.
- Better Contract: The new contract includes a new tax structure which will help and benefit in the long term.
Security and Trust:
We assure users of the safety and security measures in place during this transition. Your funds will be handled securely throughout the process.
Community Engagement:
- Follow Us: Stay updated by following our new social media handles and contact details.
- Get Involved: Participate in the community discussions and stay engaged with OpenSocial/Qrolli.
Frequently Asked Questions (FAQs):
- Why is this transition necessary? This transition ensures better performance, new features, and an improved user experience.
- How can I send my tokens? Follow the steps provided above to send your $QR tokens to the deployer wallet.
- What happens if I miss the 7-day window? Users who miss the initial window can still receive their tokens post-rebranding if they bought before the snapshot.
Vision and Mission:
OpenSocial aims to create a decentralized, user-owned social network, empowering users to control their digital identity and content.
Call-to-Action:
Send your $QR tokens now to aid in the transition and stay engaged with the community.
For more details and updates, follow us on X Platform.
