TsarNetwork Official Channel pinned Β«π Hello Tsar Nation π£ In addition to the locks and burns posted earlier (and pinned on top): 607,967,286.54 $TSAR have been burned. 310,970,143.196096 $TSAR have been locked for 30 days against pending airdrops (seed, flash, and presale). The only tokensβ¦Β»
π²TSAR token BURN EVENTS π₯π₯
Burn 1.0 - 3.38 % of the supply
π₯
https://bscscan.com/tx/0x9c89799d17e8ffd5225845ebde57dd8fab461c8e431bff95c8936c08ff1ddc04
Burn 2.0 - 7.50% of the supply
π₯
https://bscscan.com/tx/0x7d315ec13d4696ad8e0bf7f52812be33ace5bd712abb5ce10bcdc910ea5245bf
Burn 3.0 - 3.80% of the supply
π₯
Burn 4.0 - 5.44% of the supply
π₯
Burn 5.0 - 6.08% of the supply ( Unsold token burn )
π₯Burn Transaction Hash
https://bscscan.com/tx/0x20e44e98293e5ba0ea9241d26f63005b4d3f01e236ddf091d03d61df6526f812
βοΈ26.20% of the total $TSAR supply has been fed to fire effectively bringing the total supply down.
β $TSAR Team/ DEV do not hold any unlocked wallets or tokens at the time of launch π
Burn 1.0 - 3.38 % of the supply
π₯
Burn Transaction Hash:https://bscscan.com/tx/0x9c89799d17e8ffd5225845ebde57dd8fab461c8e431bff95c8936c08ff1ddc04
Burn 2.0 - 7.50% of the supply
π₯
Burn Transaction Hashhttps://bscscan.com/tx/0x7d315ec13d4696ad8e0bf7f52812be33ace5bd712abb5ce10bcdc910ea5245bf
Burn 3.0 - 3.80% of the supply
π₯
Burn Transaction Hash
https://bscscan.com/tx/0xf5138caf35b05bd966b13a856298acf8c04a8d105fa78e6ec32976eea514b6caBurn 4.0 - 5.44% of the supply
π₯
Burn Transaction Hash
https://bscscan.com/tx/0x8b82ccdac0c59c820486790a9eb2466061ad85c0ddc4290c9bfe783d0bde897dBurn 5.0 - 6.08% of the supply ( Unsold token burn )
π₯Burn Transaction Hash
https://bscscan.com/tx/0x20e44e98293e5ba0ea9241d26f63005b4d3f01e236ddf091d03d61df6526f812
βοΈ26.20% of the total $TSAR supply has been fed to fire effectively bringing the total supply down.
β $TSAR Team/ DEV do not hold any unlocked wallets or tokens at the time of launch π
Binance (BNB) Blockchain Explorer
Binance Transaction Hash (Txhash) Details | BscScan
Binance (BNB) detailed transaction info for txhash 0x9c89799d17e8ffd5225845ebde57dd8fab461c8e431bff95c8936c08ff1ddc04. The transaction status, block confirmation, gas fee, BNB, and token transfer are shown.
π Tsar Nation π£
We will keep it to the point.
1. A major screw-up from "many" seed and flash buyers,
2. A temporary hiccup in the tax function (technical details of which will follow),
3. The plan forward,
4. What future holds,
5. A request,
6. And an apology.
1. We sky-rocketed to insane marketcap during the first minute. We expected people to appreciate all marketing efforts done to attract buyers who took the candle that high. While it's OK to make some profit with decency, it's an entirely different thing to dump it shamefully. But again we all saw it coming in the poll which told us that hodlers are outnumber by sellers by wide margin.
2. The tax thing ad been tested twice on testnet with all the functions audited by two well-known companies, it didn't work during the launch (for below reason which we have received from the dev). We noticed it when transactions went through without slippage. As a result all buy/sell transactions went tax free keeping the marketing, liquidity, and dividends pool dry.
3. The liquidity was locked for until mid 2023 so getting it out is not possible for us. What you can do:
3a. Is to immediately stop buying on this contract,
3b. And best, send all tokens to the recovery wallet address below and let us reimburse you the BNBs by selling all tokens in one single lot. The BNBs will be distributed according to the initial investment/token holdings in the wallet.
3c. Or sell the tokens yourself to recover the investment.
3d. Priority will be given to the people who send us their tokens as selling them in one single lot can save huge gas compared to individual sells which burn more gas.
3f. Recovery Wallet: 0x5b31cC620C24A967AA7A4732e492e66fFD6517e4
4. We neither had ill intentions nor are running away. We had the most transparent log of all lock and burn activities and anticipated better from the investors - lot of them didn't care much and didn't think twice to paint the red candle - a thing that spooked new buyers coming from all sort of channels.
For the tax, things can go off now and then but nothing that is not fixable. There was always an option to deploy fresh contract with the tax bug removed and distribute dividends for earlier transactions as well. This plan has however been called off seeing the dump. This thing cannot be hyped no matter what is injected into it.
5. BSCScan dump has been obtained and will be thoroughly worked upon.
5a. All seed/flash/presale investors that dumped the token in profit or their entering price will not be reimbursed anything, they did what they did.
5b. All seed/flash/presale investors that hoddled the token till last or only sold it in the end seeing the dip incoming, they will be compensated for their losses as best we can. Goal is to return them their BNB that was contributed.
5c. This has been made possible by few sister projects the names of which cannot be disclosed who will provide bailout money as per existing contracts with them. Talks are already underway. Rest assured that we will try our best that no single investor lose their money in TsarNetwork irrespective of the future of the project. As of yet no deadline has been received as to when the recompensation will be completed.
5d. A section will be made live on the website with a record of all investment wallets, all sell transactions from those wallets, a percentage of how much profit they were able to book or how much loss they suffered, and finally the full amount returned to them.
5e. You are requested not to lose access to the wallets as compensation will be sent in the same wallets.
5f. You are requested not to leave the group or unsubscribe the announcement channel because these are the source of valuable communication between you and the team.
5g. Please be informed that whoever leaves the group or announcement channel can miss out on important refund announcements as we have no other way to reach out to them.
We will keep it to the point.
1. A major screw-up from "many" seed and flash buyers,
2. A temporary hiccup in the tax function (technical details of which will follow),
3. The plan forward,
4. What future holds,
5. A request,
6. And an apology.
1. We sky-rocketed to insane marketcap during the first minute. We expected people to appreciate all marketing efforts done to attract buyers who took the candle that high. While it's OK to make some profit with decency, it's an entirely different thing to dump it shamefully. But again we all saw it coming in the poll which told us that hodlers are outnumber by sellers by wide margin.
2. The tax thing ad been tested twice on testnet with all the functions audited by two well-known companies, it didn't work during the launch (for below reason which we have received from the dev). We noticed it when transactions went through without slippage. As a result all buy/sell transactions went tax free keeping the marketing, liquidity, and dividends pool dry.
3. The liquidity was locked for until mid 2023 so getting it out is not possible for us. What you can do:
3a. Is to immediately stop buying on this contract,
3b. And best, send all tokens to the recovery wallet address below and let us reimburse you the BNBs by selling all tokens in one single lot. The BNBs will be distributed according to the initial investment/token holdings in the wallet.
3c. Or sell the tokens yourself to recover the investment.
3d. Priority will be given to the people who send us their tokens as selling them in one single lot can save huge gas compared to individual sells which burn more gas.
3f. Recovery Wallet: 0x5b31cC620C24A967AA7A4732e492e66fFD6517e4
4. We neither had ill intentions nor are running away. We had the most transparent log of all lock and burn activities and anticipated better from the investors - lot of them didn't care much and didn't think twice to paint the red candle - a thing that spooked new buyers coming from all sort of channels.
For the tax, things can go off now and then but nothing that is not fixable. There was always an option to deploy fresh contract with the tax bug removed and distribute dividends for earlier transactions as well. This plan has however been called off seeing the dump. This thing cannot be hyped no matter what is injected into it.
5. BSCScan dump has been obtained and will be thoroughly worked upon.
5a. All seed/flash/presale investors that dumped the token in profit or their entering price will not be reimbursed anything, they did what they did.
5b. All seed/flash/presale investors that hoddled the token till last or only sold it in the end seeing the dip incoming, they will be compensated for their losses as best we can. Goal is to return them their BNB that was contributed.
5c. This has been made possible by few sister projects the names of which cannot be disclosed who will provide bailout money as per existing contracts with them. Talks are already underway. Rest assured that we will try our best that no single investor lose their money in TsarNetwork irrespective of the future of the project. As of yet no deadline has been received as to when the recompensation will be completed.
5d. A section will be made live on the website with a record of all investment wallets, all sell transactions from those wallets, a percentage of how much profit they were able to book or how much loss they suffered, and finally the full amount returned to them.
5e. You are requested not to lose access to the wallets as compensation will be sent in the same wallets.
5f. You are requested not to leave the group or unsubscribe the announcement channel because these are the source of valuable communication between you and the team.
5g. Please be informed that whoever leaves the group or announcement channel can miss out on important refund announcements as we have no other way to reach out to them.
6. We had presented the best usecase before the world and hoped to turn it into a reality for investors as well as users. The scenario that turned out is neither in our favour nor investors. Although in no way responsible for whatever happened, we apologize to the whole community minus the people who tanked it from 28M to the presale price.
Regards
Tsar Team
Regards
Tsar Team
TsarNetwork Official Channel pinned Β«π Tsar Nation π£ We will keep it to the point. 1. A major screw-up from "many" seed and flash buyers, 2. A temporary hiccup in the tax function (technical details of which will follow), 3. The plan forward, 4. What future holds, 5. A request, 6. Andβ¦Β»
TsarNetwork Official Channel pinned Β«6. We had presented the best usecase before the world and hoped to turn it into a reality for investors as well as users. The scenario that turned out is neither in our favour nor investors. Although in no way responsible for whatever happened, we apologizeβ¦Β»
π Dear Tsar Nation π£
We are making a recompensation plan and are gathering all data from investors. People are slowly coming in and sending us their tokens back. We are trying to sell them in reasonably sized batches to consume optimal gas. New buys kept happening but we have advertised in all groups to please stop buying and not throw new money in the pool.
1. 1st compensation priority are the people who kept all tokens and only sent them to us after our announcement.
2. 2nd compensation priority are the people who did not sell tokens until our announcement.
3. 3rd compensation priority are the people who sold at loss due to the dip incoming before our announcement.
4. While this is not an ideal situation we request you to please remain calm as we are working out the things.
5. We are here and always will be. We are getting literally hundreds of DMs but please understand that it is not humanly possible for us to keep answering them since we need to work and work a lot.
6. DMs are of two types, those asking refunds and those asking tokens for the patched up contract. Please give the team some time to decide the best course of action and we will announce it here in the group.
7. Rectification of things, compensation plan and per investor details on website, the current and future development, taking people into confidence - there is too much that needs attention and we will appreciate your understanding. We have all your transactions data and while it is not possible to keep replying to DMs we want you to reach us via "care@tsar.network".
8. We will regularly post all developments in the group and will resume chat once the load subsides. This is to make sure that everyone stays updated about each and everything that happens from here onwards.
It's not our fault whatever happened. Many projects share same fate at launch but the difference between them and us is that they run away and we are holding the ground. Although not directly responsible for the actions of whoever decided to dump, we accept blame and are willing to move forward, working in every possible manner to compensate those who trusted us.
Regards
Tsar Team
We are making a recompensation plan and are gathering all data from investors. People are slowly coming in and sending us their tokens back. We are trying to sell them in reasonably sized batches to consume optimal gas. New buys kept happening but we have advertised in all groups to please stop buying and not throw new money in the pool.
1. 1st compensation priority are the people who kept all tokens and only sent them to us after our announcement.
2. 2nd compensation priority are the people who did not sell tokens until our announcement.
3. 3rd compensation priority are the people who sold at loss due to the dip incoming before our announcement.
4. While this is not an ideal situation we request you to please remain calm as we are working out the things.
5. We are here and always will be. We are getting literally hundreds of DMs but please understand that it is not humanly possible for us to keep answering them since we need to work and work a lot.
6. DMs are of two types, those asking refunds and those asking tokens for the patched up contract. Please give the team some time to decide the best course of action and we will announce it here in the group.
7. Rectification of things, compensation plan and per investor details on website, the current and future development, taking people into confidence - there is too much that needs attention and we will appreciate your understanding. We have all your transactions data and while it is not possible to keep replying to DMs we want you to reach us via "care@tsar.network".
8. We will regularly post all developments in the group and will resume chat once the load subsides. This is to make sure that everyone stays updated about each and everything that happens from here onwards.
It's not our fault whatever happened. Many projects share same fate at launch but the difference between them and us is that they run away and we are holding the ground. Although not directly responsible for the actions of whoever decided to dump, we accept blame and are willing to move forward, working in every possible manner to compensate those who trusted us.
Regards
Tsar Team
TsarNetwork Official Channel pinned Β«π Dear Tsar Nation π£ We are making a recompensation plan and are gathering all data from investors. People are slowly coming in and sending us their tokens back. We are trying to sell them in reasonably sized batches to consume optimal gas. New buys keptβ¦Β»
Hello Tsar Nation
Please be informed that we are still receiving $TSAR tokens from the users and liquidating them against the PancakeSwap pool. We are also waiting for the remaining tokens to unlock so that we can sell them.
A lot of investors sold on profit which is why all $TSAR in the pool is now giving less BNB way lower than the list price. We neither have that much BNB on us nor there is any way to fully refund each and everyone without relaunch and redoing the contract. We are actively looking for ways to raise a significant amount that can compensate all and this process is going to take time. The tentative date agreed by the team by which all recompensation will complete is 15-Mar-2022
You can keep sending the old $TSAR tokens to the recovery wallet address and can see the BNBs recovered so far. We are waiting on the final details of the new contract and will release information here as soon as we have that.
Regards
Tsar Team
Please be informed that we are still receiving $TSAR tokens from the users and liquidating them against the PancakeSwap pool. We are also waiting for the remaining tokens to unlock so that we can sell them.
A lot of investors sold on profit which is why all $TSAR in the pool is now giving less BNB way lower than the list price. We neither have that much BNB on us nor there is any way to fully refund each and everyone without relaunch and redoing the contract. We are actively looking for ways to raise a significant amount that can compensate all and this process is going to take time. The tentative date agreed by the team by which all recompensation will complete is 15-Mar-2022
You can keep sending the old $TSAR tokens to the recovery wallet address and can see the BNBs recovered so far. We are waiting on the final details of the new contract and will release information here as soon as we have that.
Regards
Tsar Team
π¨ SCAM ALERT π¨
A scammer with the following details is trying to rob you taking advantage of the current situation. DO NOT ENETER INTO ANY DEAL WITH THEM. Any deal or update that does not appear on this group or our announcement channel or our website is NOT legit.
π π π π π π
Scammer Handle: @iTsarNetwork
Scammer Name: Tsar Network [do not DM }
π π π π π π
Scammers can switch to a different username or handle at anytime. POINT IS THAT ANY ANNOUNCEMENT OR DEAL WHICH IS NOT IN THIS GROUP OR WEBSITE IS NOT LEGIT, IT'S FAKE.
Regards
Tsar Team
A scammer with the following details is trying to rob you taking advantage of the current situation. DO NOT ENETER INTO ANY DEAL WITH THEM. Any deal or update that does not appear on this group or our announcement channel or our website is NOT legit.
π π π π π π
Scammer Handle: @iTsarNetwork
Scammer Name: Tsar Network [do not DM }
π π π π π π
Scammers can switch to a different username or handle at anytime. POINT IS THAT ANY ANNOUNCEMENT OR DEAL WHICH IS NOT IN THIS GROUP OR WEBSITE IS NOT LEGIT, IT'S FAKE.
Regards
Tsar Team
TsarNetwork Official Channel pinned Β«π¨ SCAM ALERT π¨ A scammer with the following details is trying to rob you taking advantage of the current situation. DO NOT ENETER INTO ANY DEAL WITH THEM. Any deal or update that does not appear on this group or our announcement channel or our website isβ¦Β»
0x5b31cC620C24A967AA7A4732e492e66fFD6517e4
Recovery wallet πππ
A reward wallet was unlocked and tokens were sold to recover more BNBS to recovery wallet.
Hopefully we will recover a significant amount of investor funds in recovery wallet.
Once done, a refund plan will be formularised and an announcement will be made about next steps and whatβs happening behind the scenes.
Stay safe β€οΈ
Recovery wallet πππ
A reward wallet was unlocked and tokens were sold to recover more BNBS to recovery wallet.
Hopefully we will recover a significant amount of investor funds in recovery wallet.
Once done, a refund plan will be formularised and an announcement will be made about next steps and whatβs happening behind the scenes.
Stay safe β€οΈ
Hello Tsar Nation
We are here with you, we are working tight for the new launch, and we seem to be right on the schedule.
And so that you know, everything is being done in collaboration with a different team. They are working on their contract and the project is of bigger magnitude than you would have anticipated.
We were able to cut a deal and as promised - all Tsar investors will receive the new tokens by 15th of March. The tokens you receive will be according to the investment done in Tsar (minus the amount that you were able to recover by selling some or all TSAR tokens).
(Refunds in BNB) A list will be published shortly.
Those who already made profit or recovered their full investment will not get the new tokens.
While we are not able to reply one-to-one, we are going through all the messages and emails as best we can alongside working.
Please keep checking this group as invitation links to the other Telegram community will be dropped here and you all are welcome to join.
Somewhere in the Tsar chat, in response to one of our announcements, someone wrote, "Wish this was a real nation". To them and to us - Tsar Nation is every bit real. While you are being invited to a promising new project and given their tokens so that you can profit on your initial investment, Tsar Network beats inside us. Tsar is not dead, the mission and vision that started it will keep it alive.
Thanks for being with us and wish you all the best
Tsar Team
We are here with you, we are working tight for the new launch, and we seem to be right on the schedule.
And so that you know, everything is being done in collaboration with a different team. They are working on their contract and the project is of bigger magnitude than you would have anticipated.
We were able to cut a deal and as promised - all Tsar investors will receive the new tokens by 15th of March. The tokens you receive will be according to the investment done in Tsar (minus the amount that you were able to recover by selling some or all TSAR tokens).
(Refunds in BNB) A list will be published shortly.
Those who already made profit or recovered their full investment will not get the new tokens.
While we are not able to reply one-to-one, we are going through all the messages and emails as best we can alongside working.
Please keep checking this group as invitation links to the other Telegram community will be dropped here and you all are welcome to join.
Somewhere in the Tsar chat, in response to one of our announcements, someone wrote, "Wish this was a real nation". To them and to us - Tsar Nation is every bit real. While you are being invited to a promising new project and given their tokens so that you can profit on your initial investment, Tsar Network beats inside us. Tsar is not dead, the mission and vision that started it will keep it alive.
Thanks for being with us and wish you all the best
Tsar Team
Hello Tsar Nation
Investment will be returned in stages, break-up is as follows:
1. To the seed investors who sent all the tokens to the recovery address.
2. To the seed investors who are still holding the tokens (please send them to the recovery address now).
3. To the seed investors who invested in flash sale too.
4. To the seed investors who invested in presale too.
5. To the flash sale investors.
6. To the presale investors.
As promised, a complete list of all seed round investors is being published today with the refund status:
a. Green Wallets: These sent all the tokens to the recovery address.
b. Blue Wallets: These did not sell any tokens, they are holding them till now. We are waiting on them to send the tokens to the recovery address.
c. Yellow Wallet: They mistakenly sent the tokens to the TSAR contract address instead of recovery address.
d. Pink Wallets: They sold some tokens and sent some to the recovery address. Return to them will be based on if they sold in loss. Return will not be made if they already made a profit on their initial investment.
e. Red Wallets: These did not get airdrop as the amount invested was less than the min limit.
1st batch BNB will be refunded on 25th February 2022.
Stay Safe
Tsar Team
Investment will be returned in stages, break-up is as follows:
1. To the seed investors who sent all the tokens to the recovery address.
2. To the seed investors who are still holding the tokens (please send them to the recovery address now).
3. To the seed investors who invested in flash sale too.
4. To the seed investors who invested in presale too.
5. To the flash sale investors.
6. To the presale investors.
As promised, a complete list of all seed round investors is being published today with the refund status:
a. Green Wallets: These sent all the tokens to the recovery address.
b. Blue Wallets: These did not sell any tokens, they are holding them till now. We are waiting on them to send the tokens to the recovery address.
c. Yellow Wallet: They mistakenly sent the tokens to the TSAR contract address instead of recovery address.
d. Pink Wallets: They sold some tokens and sent some to the recovery address. Return to them will be based on if they sold in loss. Return will not be made if they already made a profit on their initial investment.
e. Red Wallets: These did not get airdrop as the amount invested was less than the min limit.
1st batch BNB will be refunded on 25th February 2022.
Stay Safe
Tsar Team
First batch of TSAR refunds
( SEED ROUND ) - today.
STAY TUNED .
( SEED ROUND ) - today.
STAY TUNED .
Dear Members!
First batch of refunds have been completed in which we covered most of the seed round investors who sent us all of their tokens. Investors who sent BUSD and ETH have not been refunded as of yet.
They will be included in the second batch along with the flash round investors.
We do apologise for the delay but rest assured we will do the returns as promised and we havenβt forgotten about any one
Our collaboration with the new project continues, good progress have been on development side and we will reveal the details as soon as we get the green signal from the team.
Keep checking announcement channel for updates.
Stay safe β€οΈ
First batch of refunds have been completed in which we covered most of the seed round investors who sent us all of their tokens. Investors who sent BUSD and ETH have not been refunded as of yet.
They will be included in the second batch along with the flash round investors.
We do apologise for the delay but rest assured we will do the returns as promised and we havenβt forgotten about any one
Our collaboration with the new project continues, good progress have been on development side and we will reveal the details as soon as we get the green signal from the team.
Keep checking announcement channel for updates.
Stay safe β€οΈ
Forwarded from ReTSAR [ I DONT DM FIRST ]
Hello Tsar Nation
We start with a big thank you β for waiting and giving us a chance at redemption. We take this as your love and want to blabber a lot on this β but since this announcement is coming in a long time, let's get straight to the point.
πBackground:
After the TSAR tokenβs unsuccessful launch, the team got divided into two groups. Those who were of the opinion that everyone has already put in their best and nothing can be done further β they wanted to move on (and they did) And then there were those of us not willing to accept that as end. Us, who had built & maintained this community, being from the later group. Going away was not an option. Of course it would have been an easy exit but conscience wouldn't let us take that route. We promised this community that we will do whatever in our power to rectify the whole doing and here we are.
πCurrent State of Affairs:
TSAR sent to the recovery address did help us take some BNBs. The recovery kept on getting smaller due to severe price fall. Upon doing the math we found out the recovered BNBs were FAR from enough to process refunds to everyone who sent us their tokens. we completed the refunds in full to the Seed Round investors (except 2-3 people who had sent ETH, not BNB) and used / reserved the remaining funds for:
1. New contracts development
2. Website and application dashboard development
3. Marketing of the new project as well as a usecase development.
At this point we have a project ready for launch. Error in the last contract kept us vigilant this time. The new contracts have been thoroughly tested on BSC testnet and mainnet.
Operating with half the people in Tsar, development and testing set us back by three months but we had to be sure that there won't be any hiccups this time.
π£Way Forward:
We kept getting your messages. Majority of you wanted a new contract or a new project. Your trust kept us going. So now when we have prepared everything, we want all of you in. It's not our project but yours, community's. We want you all to join us to execute it, develop it further, enhance it, and thrive from it as whole. And these are not words, it's literally a DAO - with Governance Token
A proposal is being prepared with options on how to compensate/reward the TSAR investors who have sent tokens to the recovery wallet, as well as how to take this new project to great heights. Please stay tuned in the Main Group/ Announcement channel. After we have the proposals ready we will put them forward to our community and unmute the group so everyone can have a say. All of you will be welcome.
We understand your frustration and anger from messages we have received from some of the members and we also understand that this might not be the outcome some of you might have hoped for, after a long delay and for that please accept our sincerest apologies π but given the situation this is the only outcome that serves EVERYONEβs best interests.
Thank you once again for your patience!
let's begin a new journey π€
βοΈ In the meantime, if you want to get in touch. @retsar001 handle is now up and being monitored everyday for DMs. weβll request everyone to kindly keep your communication short & refrain from using abusive language and threats.
All the very best
Tsar Team
We start with a big thank you β for waiting and giving us a chance at redemption. We take this as your love and want to blabber a lot on this β but since this announcement is coming in a long time, let's get straight to the point.
πBackground:
After the TSAR tokenβs unsuccessful launch, the team got divided into two groups. Those who were of the opinion that everyone has already put in their best and nothing can be done further β they wanted to move on (and they did) And then there were those of us not willing to accept that as end. Us, who had built & maintained this community, being from the later group. Going away was not an option. Of course it would have been an easy exit but conscience wouldn't let us take that route. We promised this community that we will do whatever in our power to rectify the whole doing and here we are.
πCurrent State of Affairs:
TSAR sent to the recovery address did help us take some BNBs. The recovery kept on getting smaller due to severe price fall. Upon doing the math we found out the recovered BNBs were FAR from enough to process refunds to everyone who sent us their tokens. we completed the refunds in full to the Seed Round investors (except 2-3 people who had sent ETH, not BNB) and used / reserved the remaining funds for:
1. New contracts development
2. Website and application dashboard development
3. Marketing of the new project as well as a usecase development.
At this point we have a project ready for launch. Error in the last contract kept us vigilant this time. The new contracts have been thoroughly tested on BSC testnet and mainnet.
Operating with half the people in Tsar, development and testing set us back by three months but we had to be sure that there won't be any hiccups this time.
π£Way Forward:
We kept getting your messages. Majority of you wanted a new contract or a new project. Your trust kept us going. So now when we have prepared everything, we want all of you in. It's not our project but yours, community's. We want you all to join us to execute it, develop it further, enhance it, and thrive from it as whole. And these are not words, it's literally a DAO - with Governance Token
A proposal is being prepared with options on how to compensate/reward the TSAR investors who have sent tokens to the recovery wallet, as well as how to take this new project to great heights. Please stay tuned in the Main Group/ Announcement channel. After we have the proposals ready we will put them forward to our community and unmute the group so everyone can have a say. All of you will be welcome.
We understand your frustration and anger from messages we have received from some of the members and we also understand that this might not be the outcome some of you might have hoped for, after a long delay and for that please accept our sincerest apologies π but given the situation this is the only outcome that serves EVERYONEβs best interests.
Thank you once again for your patience!
let's begin a new journey π€
βοΈ In the meantime, if you want to get in touch. @retsar001 handle is now up and being monitored everyday for DMs. weβll request everyone to kindly keep your communication short & refrain from using abusive language and threats.
All the very best
Tsar Team
Dear Community Members
As promised, We bring you some major updates and in return encourage you to provide feedback on the proposal that follows.
The website / Whitepaper - Branding for the new project is ready. The application dashboard is ready. The contract Audit has been done by a well-known firm and we have received the report. All that is needed is your involvement onwards and a framework for returning your investments from TSAR as promised and at the same time develop build and sustain the new project.
Please read through the below options, discuss them in the group, and have your say when the voting commences. Whatever community decides is the path forward for this project. There are no other ways and this is our first step towards the launch of a fully transparent community-governed DAO platform. The options go as under:
Option #1.
Become part of a special whitelist solely for old Tsar investors. When you invest coming through this whitelist, you get double the tokens you purchase. For example, If someone invests 100 dollars, they will be airdropped 200 dollars worth of tokens. The minimum investment threshold for this option is 50 dollars and this whitelist rate is strictly for the Tsar people, not anyone else.
Option #2.
This needs no investment. We have already segregated Tsar investors in different batches mentioned below:
a. Seed investors left from the refund round.
b. Flash sale investors who sent their tokens to recovery wallet.
c. Launch investors who sent their tokens to the recovery wallet.
d. Remaining flash sale investors.
e. Remaining launch investors.
Your TSAR investment equivalent in new tokens Will be locked/ Vested. They will be time-released automatically and airdropped @ 10% every month to TSAR investors. Release process will start post-launch to avoid dump.
Option #3.
No investment and no vested airdrop of the tokens either. After the launch, As team tokens keep getting unlocked, we will keep distributing tokens to all the above mentioned batches at set rate. The process will continue and investors will keep dropping out of the refund pool as they recover their Tsar investment.
Option #4.
A multisig community wallet can be created the control of which rests in the hand of the community. Instead of refunding the tokens, they can be staked inside this wallet. The community then decides about what to do with this wallet. They can decide to sell it, keep staking and distribute the rewards amongst the Tsar investors etc ..
Option #5.
We have special bonds available which can be issued only to the Tsar investors. Normal bonds will be made available after launch but your autostaked bonds can start reaping rebase rewards even before launch. These bonds need to be purchased directly from the treasury and ownership of the treasury will be handed over to the TSAR community through a multisig wallet, these bonds will be at 70% discount from the initial price of our token before our first ever private or presale round. This bond discount will exclusively be offered to Tsar Investors who sent their tokens to TSAR RECOVERY WALLET. Bond Buyers in this step will get governance token at a discount as well , that way it increases your stake in the governance of the new project.
Option #6.
If consensus can't be reached on any of the above 5 points, then we invite community to make an additional option and do a voting on that. We are open to everything that can profit you.
Why these options? Why not directly airdrop the tokens and be done with it
Please keep in mind that this is a new project rebranded and renamed; The purpose of this proposal is to not only to return you the tokens but give you profit on top, and that happens only if this project is a success. This is exactly why you can't just have all tokens in the start without giving project the initial push or otherwise no new investors will be interested. They won't appreciate hundreds of airdrops to people regardless of what happened in the previous project.
As promised, We bring you some major updates and in return encourage you to provide feedback on the proposal that follows.
The website / Whitepaper - Branding for the new project is ready. The application dashboard is ready. The contract Audit has been done by a well-known firm and we have received the report. All that is needed is your involvement onwards and a framework for returning your investments from TSAR as promised and at the same time develop build and sustain the new project.
Please read through the below options, discuss them in the group, and have your say when the voting commences. Whatever community decides is the path forward for this project. There are no other ways and this is our first step towards the launch of a fully transparent community-governed DAO platform. The options go as under:
Option #1.
Become part of a special whitelist solely for old Tsar investors. When you invest coming through this whitelist, you get double the tokens you purchase. For example, If someone invests 100 dollars, they will be airdropped 200 dollars worth of tokens. The minimum investment threshold for this option is 50 dollars and this whitelist rate is strictly for the Tsar people, not anyone else.
Option #2.
This needs no investment. We have already segregated Tsar investors in different batches mentioned below:
a. Seed investors left from the refund round.
b. Flash sale investors who sent their tokens to recovery wallet.
c. Launch investors who sent their tokens to the recovery wallet.
d. Remaining flash sale investors.
e. Remaining launch investors.
Your TSAR investment equivalent in new tokens Will be locked/ Vested. They will be time-released automatically and airdropped @ 10% every month to TSAR investors. Release process will start post-launch to avoid dump.
Option #3.
No investment and no vested airdrop of the tokens either. After the launch, As team tokens keep getting unlocked, we will keep distributing tokens to all the above mentioned batches at set rate. The process will continue and investors will keep dropping out of the refund pool as they recover their Tsar investment.
Option #4.
A multisig community wallet can be created the control of which rests in the hand of the community. Instead of refunding the tokens, they can be staked inside this wallet. The community then decides about what to do with this wallet. They can decide to sell it, keep staking and distribute the rewards amongst the Tsar investors etc ..
Option #5.
We have special bonds available which can be issued only to the Tsar investors. Normal bonds will be made available after launch but your autostaked bonds can start reaping rebase rewards even before launch. These bonds need to be purchased directly from the treasury and ownership of the treasury will be handed over to the TSAR community through a multisig wallet, these bonds will be at 70% discount from the initial price of our token before our first ever private or presale round. This bond discount will exclusively be offered to Tsar Investors who sent their tokens to TSAR RECOVERY WALLET. Bond Buyers in this step will get governance token at a discount as well , that way it increases your stake in the governance of the new project.
Option #6.
If consensus can't be reached on any of the above 5 points, then we invite community to make an additional option and do a voting on that. We are open to everything that can profit you.
Why these options? Why not directly airdrop the tokens and be done with it
Please keep in mind that this is a new project rebranded and renamed; The purpose of this proposal is to not only to return you the tokens but give you profit on top, and that happens only if this project is a success. This is exactly why you can't just have all tokens in the start without giving project the initial push or otherwise no new investors will be interested. They won't appreciate hundreds of airdrops to people regardless of what happened in the previous project.
β€7π2
ββ
π£Anyone, who is willing to join this project in any suitable capacity is most welcome. DM one of the admin/ mods. We also have created a private group for community members who want to join the team to contribute to the project in a professional capacity or general input on management.
That's all for now. The group chat will resume on Monday - 25th July 2022 so that we can start discussions on these options and probably refine them, or define new options as per community's feedback. Voting dates will be announced when the proposal template gets finalized.
Stay well and be safe.
Tsar Team
π£Anyone, who is willing to join this project in any suitable capacity is most welcome. DM one of the admin/ mods. We also have created a private group for community members who want to join the team to contribute to the project in a professional capacity or general input on management.
That's all for now. The group chat will resume on Monday - 25th July 2022 so that we can start discussions on these options and probably refine them, or define new options as per community's feedback. Voting dates will be announced when the proposal template gets finalized.
Stay well and be safe.
Tsar Team
β€4π2