โ๏ธThe issues in the Farm are being checked and resolved, we will announce the details by the end of tomorrow...
โ
FARMING - UPDATE
๐ต Cause of incident:
๐30% of the total supply distributed to Farming for 1 year has been calculated in detail, including the amount of BMARS has burned (meaning 36% of the total supply is distributed in Farming)
๐The problem is we did not use the "
๐This leads to maximum supply and BMARS contract cannot "mint" more rewards for Farming and users cannot withdraw Dragon from Farming (Because each withdrawal order will include the "
๐ต Troubleshooting: We give 2 options to users
1. We will burn all Dev tokens (7% of total supply) to directly reduce total supply, this will make the "
Dev's token is locked until January 25, 2022, so this plan needs more than 30 days to implement. (Countdown is available on the Farming interface and rewards are still calculated for the time being)
2. Users can withdraw Dragon immediately with "
๐https://app.binamars.com/farm
๐ต Cause of incident:
๐30% of the total supply distributed to Farming for 1 year has been calculated in detail, including the amount of BMARS has burned (meaning 36% of the total supply is distributed in Farming)
๐The problem is we did not use the "
burn
" function to directly reduce the total supply but we used the "transfer
" function to transfer the amount of BMARS to burn to the Null Address.๐This leads to maximum supply and BMARS contract cannot "mint" more rewards for Farming and users cannot withdraw Dragon from Farming (Because each withdrawal order will include the "
mint
" function for reward).๐ต Troubleshooting: We give 2 options to users
1. We will burn all Dev tokens (7% of total supply) to directly reduce total supply, this will make the "
mint
" function work in Farming and users can continue to raise their Dragons in the Farm.Dev's token is locked until January 25, 2022, so this plan needs more than 30 days to implement. (Countdown is available on the Farming interface and rewards are still calculated for the time being)
2. Users can withdraw Dragon immediately with "
emergencyWithdraw
" function, which means nullifying all your rewards in Farming.๐https://app.binamars.com/farm
Binamars Metaverse - Channel pinned ยซโ
FARMING - UPDATE ๐ต Cause of incident: ๐30% of the total supply distributed to Farming for 1 year has been calculated in detail, including the amount of BMARS has burned (meaning 36% of the total supply is distributed in Farming) ๐The problem is we did notโฆยป
๐To ensure the safety of our users, we will lock liquidity for an additional 3 months: https://www.team.finance/view-coin/0x46880afc2E6FA41bBbE9787c082f7c23F795465E
โ๏ธFarming: We are still trying to resolve the issue on the farm, we will notify users as soon as possible. Sorry about this inconvenience.
๐Burned 7,000,000 BMARS:
https://bscscan.com/tx/0x54f84c39149085df1ef41ea53194059ae30d96561a8580c80b86b4ea7720c3fa
https://bscscan.com/tx/0xc650f7e442967941c78bde26d0d115df3ae82f772376f6276b48c5fcfb4c4162
โ๏ธFarming: We are still trying to resolve the issue on the farm, we will notify users as soon as possible. Sorry about this inconvenience.
๐Burned 7,000,000 BMARS:
https://bscscan.com/tx/0x54f84c39149085df1ef41ea53194059ae30d96561a8580c80b86b4ea7720c3fa
https://bscscan.com/tx/0xc650f7e442967941c78bde26d0d115df3ae82f772376f6276b48c5fcfb4c4162