Torum DAO's Creation: Final Results

Torum DAO's Creation: Final Results

By MakeItReal | MakeItReal | 16 Jul 2023


Hello HODLers!

I'm thrilled to announce that the voting for Torum DAO's first and second proposals have officially concluded, and Torum Coomunity has reached a consensus!

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Firstly, I'm delighted to share that the proposal to blacklist the hacker's address has passed unanimously. All 60M $XTM votes were in favor of this proposal, demonstrating our collective commitment to removing the ill-gotten gains from the hacker. Together, we stand strong against such malicious activities!

Secondly, let's discuss the redeployment of $XTM, specifically the choice between the BNB Chain and Ethereum Mainnet proposal. We had a more contentious voting process for this proposal, with a total of 60M $XTM votes cast. Approximately 15M votes were in favor of redeploying on the BNB Chain, while roughly 6M votes were in favor of redeploying on the ETH Mainnet. It is important to note that the Team Torum members abstained from voting. After extensive deliberation, a consensus was reached to redeploy $XTM on the BNB Chain!

With the voting process completed, Team Torum is now focused on finalizing the redeployment of $XTM on the chosen chain, which is the BNB Chain. The developing team is diligently working towards this goal to ensure a smooth transition. Additionally, I would like to share the snapshot taken for the upcoming $XTM redeployment airdrop: [Snapshot for $XTM redeployment]

Please note that the snapshots were taken just before the manual draining of the XTM/BNB LP pool on PancakeSwap. The exact block heights of the snapshots for all four chains where the current soon-to-be-deprecated $XTM is deployed are as follows:

Ethereum: 17663192

Polygon Mainnet: 44909792

BNB Chain: 29840429

Heco Chain: 27365292

To be eligible for the airdrop of the new $XTM, you must have held $XTM in any of the four chains mentioned above at the time of the respective snapshots. For $XTM holdings on centralized exchanges (CEX), Team Torum will collaborate with the respective exchanges and airdrop the complete amount of $XTM they possess at the time of the on-chain snapshot. The distribution of $XTM within the exchanges will be handled internally by each exchange, following their own internal snapshot. However, please note that all $XTM held in CEX is completely safe and will receive the airdrop if you are within their internal snapshot.

Other than that, here are some other information related to the snapshot that Torum would like to disclose:

1. Torum is not going to be airdropping any redeployed $XTM tokens to any identified contract addresses as doing so might cause the $XTM to be lost forever. These $XTM will remain in the newly created minter address.

2. $XTM will be native on BNB Chain and will remain on BNB Chain for the near future until there’s a need to go multichain.

3. The hacker’s addresses have been blacklisted and will receive 0 redeployed $XTM, as we have voted above.

4. For addresses that are holding less than 1 $XTM, you will not be eligible.

Please carefully review the provided list and reach out to @mythrust or @snoopcatt if you believe your wallet should be included. The community will have the opportunity to dispute the data in the snapshot until one day prior to the actual token redeployment and airdrop. I anticipate that the token redeployment and airdrop will take place sometime in the middle to late next week, and we will provide ample notice beforehand.

Once the redeployment and airdrop are done, Torum will dedicate efforts to resume all other on-chain and off-chain activities related to $XTM.

Lastly, please be reminded that once the new $XTM token contract has been redeployed, we will no longer be supporting the current $XTM token contract, please refrain from speculating (buying & selling) on $XTM until the deployment and airdrop is complete. 

 

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Torum is the world’s largest SocialFi ecosystem (Social Network + NFT + DeFi + Metaverse) that is specially designed to connect cryptocurrency users.
The Web3.0 ecosystem is built on a social media platform, integrated with a yield farming platform for DeFi investors (Torum Finance), an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts.
You can earn XTM daily on Torum Social Network completing missions like "write a post", "like 5 posts", "daily login", "interact with the platform for 7 days straight", "accumulate 50 followers" and many others!
XTM is the multichain utility token (Ethereum + Binance Smart Chain + HECO Chain + Polygon) of Torum ecosystem and it's now listed on Kucoin, Huobi, Uniswap and Pancakeswap.

✅#SocialFi Metaverse Pioneer;
✅Backed by Huobi Ventures & Kucoin Labs;
✅Big community of more than 200,000 users;
✅Earn XTM everyday claiming Missions in the Social Network;
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LayerAI is the ZK Layer-2 blockchain that powers the AI revolution. LayerAI (LAI) is a ZK Layer-2 blockchain that that monetizes the AI & data revolution.  This blockchain protocol uses a low-cost, secure, safe, and private zkRollup technology to turn data into a valuable asset - used in AI models to power value creation in many industries. LayerAI is building a sustainable ‘to earn’ ecosystem that pays users for contributing data that is then sold in the global data marketplace. Here you can find the official website: http://layerai.org/

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Download LayerAI and start earning as you live: https://app.layerai.org/referral?code=D3LWL20 or use my code to sign up: D3LWL20

Thanks,
Keep Calm & HODL.
MakeItReal

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