we are pleased to announce that we have made the necessary plans to shape the next steps in the Vox Populi journey. After consideration and several iterations, we have decided to announce VOX2.0 by migrating to the Arbitrum network! We will be terminating the services we offer on Ethereum currently by collecting tokens from users that would like to join us in our next steps.
We will open a dedicated deposit address to collect VOX tokens from community members. We will use these funds to migrate as much liquidity as possible to the new deployment on the Arbitrum network. All users participating in this process will be granted an airdrop once the new token launches, and we will try to make your contributions worth the same amount in USD on the new chain.
Vox will come back with the same features as you have grown to love them - a classic mix of staking and yield-farming with additional features to make the system more developed towards long-term sustainability. The APR rates on launch will be very appealing, so make sure you use this early entry opportunity for our new and exciting chapter.
The contribution address where you must send your VOX tokens is listed below. Depending on the token economics, which we are still developing, you will receive the same amount of tokens on the new chain or a fraction of it (because we are thinking of moving back to a "low, highly deflationary" supply model.
We are also looking for interested members that would like to help us fund the liquidity pool with additional contributions via an OTC token sale deal. If anyone would be willing to participate in this sort of "private" sale, don't hesitate to get in touch with the team, and we can work out the specific details once we get closer to the migration period.
Detailed token supply information will be shared in a subsequent update. We will remove the minting ability from the contract and move to a fixed max supply. We will also introduce new deflationary mechanisms onto the platform with deposit/withdrawal fees and locked liquidity. We are also looking to update our token contract to support dynamic fees with certain fractions going into automatic liquidity provisioning and a buyback and burn mechanism.
If you would like to join us in VOX2.0, the next iteration of a classic yield-farming protocol with exciting new features, please send VOX tokens to the following address to guarantee yourself an airdrop on Arbitrum network.
CONTRIBUTION ADDRESS:
0xdB44cec77bc03dbC57fA6A6A6BDc4476e98fA31C
The launch date on the new chain is TBA but will happen before the end of February 2023. We're looking forward to having you on board with us!
The VOX development team