The Time is Upon Us…
To say the past few weeks have been wild would be an understatement. As a team, I can not express how much work has been done on pretty much every single front.
As many of you know, as of the time of this article, we are less than 24 hours away from Hedge bonding into the new protocol, Token Toolkit ($T2K).
There have been a few articles that have been written about the topic at hand, the why, the when, and the how, but in case you missed them here is a quick way to access them:
- Tokenomics: https://hedge-finance.medium.com/the-tokenomics-98d30e016210
- Bonding: https://hedge-finance.medium.com/bonding-hedge-finance-f20040aa1bb8
- Liquidity/Staking/Rewards: https://hedge-finance.medium.com/liquidity-the-liquidity-pool-staking-and-rewards-4e3c616733a6
These articles alone should answer a good majority of your questions, should you have any.
I also want to touch on some of the community feedback we have received over the past 14 days while we have been working to get this project out as soon as physically possible.
FAQS:
Question 1: How will I be able to continue use the sniper bot if the tokenomics are different.
Answer 1: The sniper bot is not going anywhere. As of current, if you hold 100,000k tokens of Hedge, you will need the equivalent in amount of tokens in order to continue to use the sniper bot. The short of this is, if you can use the sniper bot today, you will be able to also use it in the new protocol with slight changes.
Sniper Bot price changes may be coming. We are not sure how this will play out, but we can expect some changes in the short term to the Bot once it is relaunched.
Question 2: What time is the bonding event starting?
Answer 2: The bonding event is happening at 17:00 UTC (12pm Eastern, 9am Pacific). Please refer to the bonding article to understand a bit more about this process.
Question 3: How complicated is this going to be to bond hedge into T2K?
Answer 3: It will be as easy as staking and unstaking. The new protocol looks much cleaner than the old one. On the left-hand menu, there will be a button that says “Bond”. You will click this, click on the token you want to bond (Hedge, BNB or BUSD), approve the transaction in your wallet, and click bond. That’s it. It’s that simple.
Question 4: When will the new T2K tokens be available?
Answer 4: They will become available to you on 2/19 at 17:00 UTC. When they are available to you, you will return to the website under the bond tab, and you will see a “claim” button. Click this and your tokens will be in your wallet immediately.
WHAT IF I’M CONFUSED?
I want to make it very clear that over the next 72 hours, we will be pushing out additional articles, videos, and tutorials in regards to claiming, setting up LP, and more. We want to make this process as easy as possible for you and want to make sure everyone is clear on what they have to do in order to receive the new token.
AMA WITH THE TEAM
Usually, we do our AMA’s on Tuesday’s. Obviously, with the bonding event coming on a Wednesday, we decided to make ourselves available as of the time of bonding launch.
We are working out the logistics but we are going to do our best to be live on both Telegram and Discord for 1–3 hours to make sure we can walk anyone who needs help through the process.
In the case we can not be live on both, we will be live in the Discord AMA channel and multiple team members will be available for questions.
Check out the new website at https://www.tokentoolkit.io.
Please note, Enter App, Enter bond, and Buy Now will not work until we have officially launched.
We are so pumped for tomorrow everyone and we hope you are too. T2K to the moon.
