[ANN] [DeFi] wPGO (Wrapped Pengolincoin) - page 2.

holydarkness

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Activity: 2632

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Yes, I'm an asshole

Quote from: VSTheFoodSnob on January 14, 2021, 07:13:03 AM

As documented, the remainder of the wPGO not sold will come back to the project to be used in the LP as well as the ETH we get from the crowdsale. The PGO project also has funds it can use to supplement the LP. Also, the project isn't the only one that has to supply the LP, investors can as well. In order to motivate people, we plan on having incentives/extra rewards for investors that do.

Let's make this short and simple, what is the exact number you planned to be the initial LP provided by the dev team? Not in percentage, in actual numbers of token.

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

Quote from: holydarkness on January 14, 2021, 07:03:39 AM

Quote from: VSTheFoodSnob on January 14, 2021, 05:52:31 AM

Quote from: holydarkness on January 14, 2021, 05:46:11 AM

Quote from: VSTheFoodSnob on January 13, 2021, 08:39:36 AM

Quote from: holydarkness on January 13, 2021, 08:20:29 AM

Quote from: VSTheFoodSnob on January 13, 2021, 07:32:22 AM

The token sale, as I said, will be used mostly to supply the LP and other things like mentioned in the distribution.

The word "mostly" usually refers to a better part of fractions. I see that according to your planned distribution, the token allocated for LP will be 25% (hardly a "mostly) of token sold?

Also, it confuses me in two ways: first, you said that one of the purpose of wPGO were to let holders earn from LP, but wouldn't this "token sale will be used mostly to supply the LP" indicate that the pool will be provided by you? At the same time, what confuses me secondly, in case where you refer that the 25% were supplied by token buyers, were you meaning to say that when they buy, 25% of their token will be forcibly held by the project to be sent to LP?

Sorry your confused, again. 25% yes, if we need more then more will be used if necessary. We won't be sure until the crowdsale is over of course. These are estimates, nothing is written in stone, a successful business must be flexible and adapt for the success of the project. The LP in any project listed on Uniswap is not solely supplied by project itself. The project sometimes supplies some liquidity which is always good. No, their tokens won't be forcibly held.

Your projects project's policy is the capability to adjust token allocation to fit certain circumstances? Oh, wow. So, if the buyer's token will not be forcibly held to provide LP, where does exactly the 25% reserves of LP comes from?

You're confused again. How can we hold a users tokens when they are in their wallets? That does not make sense and impossible. And yes, the health and success of the project takes precedent over making allocations set in stone. This is true for any business or company. A budget is a guide and it is common for it to be adjusted if necessary. Investors are aware of this before purchasing, it is part of the DD all investors should do. This is what my experience in running several businesses, experience and education has taught me. It is also common sense. It seems like you are looking for evidence that we will somehow take investors coins or defraud them, that is baseless and categorically false. Anyone can come to our Discord of 1,770 members and ask them about the team and they will tell you we are honest and transparent with our community. Next question,,,,

Well, one thing that perhaps you need to learn in crypto, when people conducting DD, is everything should be approached and considered suspicious and guilty until proven otherwise. So pardon the annoyance, but this is me trying to prove otherwise. Certainly as you're legit, all the questions were easy for you.

And why next question? The previous one were not answered yet: where does exactly the 25% of LP allocation --planned to be-- come from?

I agree, everyone should do DD but I disagree that you should assume everyone is a scammer and should be assumed guilty. That is no way to go through life and not a good way to treat people. Pretty soon one will treat everyone they encounter like that, not good. There are many honest people in the crypto space, more than dishonest JMHO. We will have to agree to disagree on that. As documented, the remainder of the wPGO not sold will come back to the project to be used in the LP as well as the ETH we get from the crowdsale. The PGO project also has funds it can use to supplement the LP. Also, the project isn't the only one that has to supply the LP, investors can as well. In order to motivate people, we plan on having incentives/extra rewards for investors that do.

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: VSTheFoodSnob on January 14, 2021, 05:52:31 AM

Quote from: holydarkness on January 14, 2021, 05:46:11 AM

Quote from: VSTheFoodSnob on January 13, 2021, 08:39:36 AM

Quote from: holydarkness on January 13, 2021, 08:20:29 AM

Quote from: VSTheFoodSnob on January 13, 2021, 07:32:22 AM

The token sale, as I said, will be used mostly to supply the LP and other things like mentioned in the distribution.

The word "mostly" usually refers to a better part of fractions. I see that according to your planned distribution, the token allocated for LP will be 25% (hardly a "mostly) of token sold?

Also, it confuses me in two ways: first, you said that one of the purpose of wPGO were to let holders earn from LP, but wouldn't this "token sale will be used mostly to supply the LP" indicate that the pool will be provided by you? At the same time, what confuses me secondly, in case where you refer that the 25% were supplied by token buyers, were you meaning to say that when they buy, 25% of their token will be forcibly held by the project to be sent to LP?

Sorry your confused, again. 25% yes, if we need more then more will be used if necessary. We won't be sure until the crowdsale is over of course. These are estimates, nothing is written in stone, a successful business must be flexible and adapt for the success of the project. The LP in any project listed on Uniswap is not solely supplied by project itself. The project sometimes supplies some liquidity which is always good. No, their tokens won't be forcibly held.

Your projects project's policy is the capability to adjust token allocation to fit certain circumstances? Oh, wow. So, if the buyer's token will not be forcibly held to provide LP, where does exactly the 25% reserves of LP comes from?

You're confused again. How can we hold a users tokens when they are in their wallets? That does not make sense and impossible. And yes, the health and success of the project takes precedent over making allocations set in stone. This is true for any business or company. A budget is a guide and it is common for it to be adjusted if necessary. Investors are aware of this before purchasing, it is part of the DD all investors should do. This is what my experience in running several businesses, experience and education has taught me. It is also common sense. It seems like you are looking for evidence that we will somehow take investors coins or defraud them, that is baseless and categorically false. Anyone can come to our Discord of 1,770 members and ask them about the team and they will tell you we are honest and transparent with our community. Next question,,,,

Well, one thing that perhaps you need to learn in crypto, when people conducting DD, is everything should be approached and considered suspicious and guilty until proven otherwise. So pardon the annoyance, but this is me trying to prove otherwise. Certainly as you're legit, all the questions were easy for you.

And why next question? The previous one were not answered yet: where does exactly the 25% of LP allocation --planned to be-- come from?

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

Quote from: holydarkness on January 14, 2021, 05:46:11 AM

Quote from: VSTheFoodSnob on January 13, 2021, 08:39:36 AM

Quote from: holydarkness on January 13, 2021, 08:20:29 AM

Quote from: VSTheFoodSnob on January 13, 2021, 07:32:22 AM

The token sale, as I said, will be used mostly to supply the LP and other things like mentioned in the distribution.

The word "mostly" usually refers to a better part of fractions. I see that according to your planned distribution, the token allocated for LP will be 25% (hardly a "mostly) of token sold?

Also, it confuses me in two ways: first, you said that one of the purpose of wPGO were to let holders earn from LP, but wouldn't this "token sale will be used mostly to supply the LP" indicate that the pool will be provided by you? At the same time, what confuses me secondly, in case where you refer that the 25% were supplied by token buyers, were you meaning to say that when they buy, 25% of their token will be forcibly held by the project to be sent to LP?

Sorry your confused, again. 25% yes, if we need more then more will be used if necessary. We won't be sure until the crowdsale is over of course. These are estimates, nothing is written in stone, a successful business must be flexible and adapt for the success of the project. The LP in any project listed on Uniswap is not solely supplied by project itself. The project sometimes supplies some liquidity which is always good. No, their tokens won't be forcibly held.

Your projects project's policy is the capability to adjust token allocation to fit certain circumstances? Oh, wow. So, if the buyer's token will not be forcibly held to provide LP, where does exactly the 25% reserves of LP comes from?

You're confused again. How can we hold a users tokens when they are in their wallets? That does not make sense and impossible. And yes, the health and success of the project takes precedent over making allocations set in stone. This is true for any business or company. A budget is a guide and it is common for it to be adjusted if necessary. Investors are aware of this before purchasing, it is part of the DD all investors should do. This is what my experience in running several businesses, experience and education has taught me. It is also common sense. It seems like you are looking for evidence that we will somehow take investors coins or defraud them, that is baseless and categorically false. Anyone can come to our Discord of 1,770 members and ask them about the team and they will tell you we are honest and transparent with our community. Next question,,,,

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

Did you miss the first DeFi craze? The decentralized finance ecosystem is heating up quickly as investors flood back to get a piece of the action. TVL and DEX volume are ramping up as traders yearn for alt season once again. https://twitter.com/PengolinC/status/1349668327904444418?s=20

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: VSTheFoodSnob on January 13, 2021, 08:39:36 AM

Quote from: holydarkness on January 13, 2021, 08:20:29 AM

Quote from: VSTheFoodSnob on January 13, 2021, 07:32:22 AM

The token sale, as I said, will be used mostly to supply the LP and other things like mentioned in the distribution.

The word "mostly" usually refers to a better part of fractions. I see that according to your planned distribution, the token allocated for LP will be 25% (hardly a "mostly) of token sold?

Also, it confuses me in two ways: first, you said that one of the purpose of wPGO were to let holders earn from LP, but wouldn't this "token sale will be used mostly to supply the LP" indicate that the pool will be provided by you? At the same time, what confuses me secondly, in case where you refer that the 25% were supplied by token buyers, were you meaning to say that when they buy, 25% of their token will be forcibly held by the project to be sent to LP?

Sorry your confused, again. 25% yes, if we need more then more will be used if necessary. We won't be sure until the crowdsale is over of course. These are estimates, nothing is written in stone, a successful business must be flexible and adapt for the success of the project. The LP in any project listed on Uniswap is not solely supplied by project itself. The project sometimes supplies some liquidity which is always good. No, their tokens won't be forcibly held.

Your projects project's policy is the capability to adjust token allocation to fit certain circumstances? Oh, wow. So, if the buyer's token will not be forcibly held to provide LP, where does exactly the 25% reserves of LP comes from?

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

PengolinCoin is celebrating it’s entry into #defi with a 10,000 PGO #giveaway! Enter for #free! https://twitter.com/PengolinC/status/1349356587333410816?s=20

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

Quote from: holydarkness on January 13, 2021, 08:20:29 AM

Quote from: VSTheFoodSnob on January 13, 2021, 07:32:22 AM

The token sale, as I said, will be used mostly to supply the LP and other things like mentioned in the distribution.

The word "mostly" usually refers to a better part of fractions. I see that according to your planned distribution, the token allocated for LP will be 25% (hardly a "mostly) of token sold?

Also, it confuses me in two ways: first, you said that one of the purpose of wPGO were to let holders earn from LP, but wouldn't this "token sale will be used mostly to supply the LP" indicate that the pool will be provided by you? At the same time, what confuses me secondly, in case where you refer that the 25% were supplied by token buyers, were you meaning to say that when they buy, 25% of their token will be forcibly held by the project to be sent to LP?

Sorry your confused, again. 25% yes, if we need more then more will be used if necessary. We won't be sure until the crowdsale is over of course. These are estimates, nothing is written in stone, a successful business must be flexible and adapt for the success of the project. The LP in any project listed on Uniswap is not solely supplied by project itself. The project sometimes supplies some liquidity which is always good. No, their tokens won't be forcibly held.

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: VSTheFoodSnob on January 13, 2021, 07:32:22 AM

The token sale, as I said, will be used mostly to supply the LP and other things like mentioned in the distribution.

The word "mostly" usually refers to a better part of fractions. I see that according to your planned distribution, the token allocated for LP will be 25% (hardly a "mostly) of token sold?

Also, it confuses me in two ways: first, you said that one of the purpose of wPGO were to let holders earn from LP, but wouldn't this "token sale will be used mostly to supply the LP" indicate that the pool will be provided by you? At the same time, what confuses me secondly, in case where you refer that the 25% were supplied by token buyers, were you meaning to say that when they buy, 25% of their token will be forcibly held by the project to be sent to LP?

Quote from: s2ii on January 10, 2021, 12:58:18 PM

All proceeds will be distributed in the following manner:
25% Development & Operations
25% Dex liquidity
20% Marketing & Promotions
15% Partnerships and Exchanges
15% Team Development

Quote from: VSTheFoodSnob on January 13, 2021, 07:32:22 AM

[...] Swapping will not occur right away so as to create demand for wPGO, to let it trade on DEX, and for price to settle. When these things occur then we will open up the swapping tool. The presale and public sale prices are very cheap for a 2,000,000 total supply as compared to PGO 20+ million in circulation. We can expect the price of wPGO to be higher and the buyers of wPGO in the crowdsale to benefit from this and be rightfully rewarded.

Quoting this for future reference that'll be asked after the issue above cleared

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

864,182 wPGO sold in two days! If interested in learning more or participating in the crowdsale please read our Medium Blog and watch our review and instructional video! https://cryptorigvin.medium.com/wpgo-crowdsale-is-live-9bb17e51fd3c https://youtu.be/StvXFwMXnL0

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

The token sale, as I said, will be used mostly to supply the LP and other things like mentioned in the distribution. Swapping will not occur right away so as to create demand for wPGO, to let it trade on DEX, and for price to settle. When these things occur then we will open up the swapping tool. The presale and public sale prices are very cheap for a 2,000,000 total supply as compared to PGO 20+ million in circulation. We can expect the price of wPGO to be higher and the buyers of wPGO in the crowdsale to benefit from this and be rightfully rewarded.

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: VSTheFoodSnob on January 12, 2021, 01:17:04 PM

Quote from: holydarkness on January 12, 2021, 09:55:51 AM

Quote from: VSTheFoodSnob on January 11, 2021, 08:09:50 PM

Quote from: holydarkness on January 11, 2021, 04:55:42 PM

I stand corrected, wrapped, not warped. Nonetheless, the essence of my question remains the same. Allow me to rephrase to better suit your ideal:

The wPGO were a representation of PGO on ERC, that enables PGO holder to use them as a gateway to integrate their PGO into etherchain, by swapping PGO-wPGO. Correct?

If it still doesn't fit your ideal, simply put, wPGO works under the same principle as wETH, correct? We swap ETH to wETH, vice versa.

I'll go and settle this issue first before we move to other aspect of your tokenomy.

Sorry, I am not familiar with wETH (project?). Wouldn't wETH be the same as ETH? They are on the same chain so why would you need a wrapped ETH?

Personally, I think it should be the best interest of a business --or on this case, a project-- to familiarize themselves with the market or the nature they tried to penetrate, namely the "wrapped tokens", or at the very least a quick DD for the latest info or input given by people they stumbled upon.

To give a short answer, surprisingly, ETH were not ERC compliant. They're the pioneer of etherchain, and they're existed before the ERC smart contract established. Thus, ETH needs wETH to be able to integrate themselves into ERC contract. In a manner of speaking ETH were in the same situation with BTC to enter ERC, thus they needed wETH and wBTC.

They have a nice explanation here and there about the nature of those wrapped-token. I am sure they spent a lot of time writing about it, and pretty much sure they wish it were read.

Now, if you have free time in your schedule, perhaps you could give these links a read and tell me if wPGO is around those concepts and what parts are different.

https://help.coinbase.com/en/coinbase/trading-and-funding/cryptocurrency-trading-pairs/wbtc
https://weth.io/

Yes, similar concepts. Wrapped BTC allows BTC holders to participate in DEX and Defi as wrapped PGO allows PGO holders to participate in DEX and Defi. The big difference is that if wPGO holders want privacy, staking, and masternodes, they are able to swap back to PGO. As you may or may not know, Bitcoin is not private. We believe privacy is everyone's right and in the future, more and more people will want it.

So, my question applies and valid: why do you need (another) token sale and not just simply establishing a gateway to switch between PGO and wPGO like how it is with wBTC and wETH? Or of we reverse the role, why does token holders need to buy a wPGO and not just send their existing PGO to your swap gateway yo get wPGO?

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

Quote from: holydarkness on January 12, 2021, 09:55:51 AM

Quote from: VSTheFoodSnob on January 11, 2021, 08:09:50 PM

Quote from: holydarkness on January 11, 2021, 04:55:42 PM

I stand corrected, wrapped, not warped. Nonetheless, the essence of my question remains the same. Allow me to rephrase to better suit your ideal:

The wPGO were a representation of PGO on ERC, that enables PGO holder to use them as a gateway to integrate their PGO into etherchain, by swapping PGO-wPGO. Correct?

If it still doesn't fit your ideal, simply put, wPGO works under the same principle as wETH, correct? We swap ETH to wETH, vice versa.

I'll go and settle this issue first before we move to other aspect of your tokenomy.

Sorry, I am not familiar with wETH (project?). Wouldn't wETH be the same as ETH? They are on the same chain so why would you need a wrapped ETH?

Personally, I think it should be the best interest of a business --or on this case, a project-- to familiarize themselves with the market or the nature they tried to penetrate, namely the "wrapped tokens", or at the very least a quick DD for the latest info or input given by people they stumbled upon.

To give a short answer, surprisingly, ETH were not ERC compliant. They're the pioneer of etherchain, and they're existed before the ERC smart contract established. Thus, ETH needs wETH to be able to integrate themselves into ERC contract. In a manner of speaking ETH were in the same situation with BTC to enter ERC, thus they needed wETH and wBTC.

They have a nice explanation here and there about the nature of those wrapped-token. I am sure they spent a lot of time writing about it, and pretty much sure they wish it were read.

Now, if you have free time in your schedule, perhaps you could give these links a read and tell me if wPGO is around those concepts and what parts are different.

https://help.coinbase.com/en/coinbase/trading-and-funding/cryptocurrency-trading-pairs/wbtc
https://weth.io/

Yes, similar concepts. Wrapped BTC allows BTC holders to participate in DEX and Defi as wrapped PGO allows PGO holders to participate in DEX and Defi. The big difference is that if wPGO holders want privacy, staking, and masternodes, they are able to swap back to PGO. As you may or may not know, Bitcoin is not private. We believe privacy is everyone's right and in the future, more and more people will want it.

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: VSTheFoodSnob on January 11, 2021, 08:09:50 PM

Quote from: holydarkness on January 11, 2021, 04:55:42 PM

I stand corrected, wrapped, not warped. Nonetheless, the essence of my question remains the same. Allow me to rephrase to better suit your ideal:

The wPGO were a representation of PGO on ERC, that enables PGO holder to use them as a gateway to integrate their PGO into etherchain, by swapping PGO-wPGO. Correct?

If it still doesn't fit your ideal, simply put, wPGO works under the same principle as wETH, correct? We swap ETH to wETH, vice versa.

I'll go and settle this issue first before we move to other aspect of your tokenomy.

Sorry, I am not familiar with wETH (project?). Wouldn't wETH be the same as ETH? They are on the same chain so why would you need a wrapped ETH?

Personally, I think it should be the best interest of a business --or on this case, a project-- to familiarize themselves with the market or the nature they tried to penetrate, namely the "wrapped tokens", or at the very least a quick DD for the latest info or input given by people they stumbled upon.

To give a short answer, surprisingly, ETH were not ERC compliant. They're the pioneer of etherchain, and they're existed before the ERC smart contract established. Thus, ETH needs wETH to be able to integrate themselves into ERC contract. In a manner of speaking ETH were in the same situation with BTC to enter ERC, thus they needed wETH and wBTC.

They have a nice explanation here and there about the nature of those wrapped-token. I am sure they spent a lot of time writing about it, and pretty much sure they wish it were read.

Now, if you have free time in your schedule, perhaps you could give these links a read and tell me if wPGO is around those concepts and what parts are different.

https://help.coinbase.com/en/coinbase/trading-and-funding/cryptocurrency-trading-pairs/wbtc
https://weth.io/

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

Quote from: holydarkness on January 11, 2021, 04:55:42 PM

Quote from: VSTheFoodSnob on January 11, 2021, 03:51:04 PM

Quote from: holydarkness on January 11, 2021, 01:54:50 PM

Oh, rest assured that it is read, hence the confusion. First thing that you might be able to clear: this is a warped token, right? A "copy" that works as a bridge for a token between two chains. In this case, etherchain and blockchain. So why do we need a token sale? Wouldn't people be able to just switch their token through gateway like wETH? Seems easier that way.

Sorry you are confused. It is not a warped token it is a wrapped token. It is not a copy, it is a representation and it is not a bridge between chains. PGO is BTC based and wPGO is ETH based, it is impossible (at this time) to bridge the two chains. We need a crowdsale because we have to supply ETH to the DEX LP and we need $ for other things like marketing, partners, etc. The distribution is located on wPGO website.

I stand corrected, wrapped, not warped. Nonetheless, the essence of my question remains the same. Allow me to rephrase to better suit your ideal:

The wPGO were a representation of PGO on ERC, that enables PGO holder to use them as a gateway to integrate their PGO into etherchain, by swapping PGO-wPGO. Correct?

If it still doesn't fit your ideal, simply put, wPGO works under the same principle as wETH, correct? We swap ETH to wETH, vice versa.

I'll go and settle this issue first before we move to other aspect of your tokenomy.

Sorry, I am not familiar with wETH (project?). Wouldn't wETH be the same as ETH? They are on the same chain so why would you need a wrapped ETH?

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: VSTheFoodSnob on January 11, 2021, 03:51:04 PM

Quote from: holydarkness on January 11, 2021, 01:54:50 PM

Oh, rest assured that it is read, hence the confusion. First thing that you might be able to clear: this is a warped token, right? A "copy" that works as a bridge for a token between two chains. In this case, etherchain and blockchain. So why do we need a token sale? Wouldn't people be able to just switch their token through gateway like wETH? Seems easier that way.

Sorry you are confused. It is not a warped token it is a wrapped token. It is not a copy, it is a representation and it is not a bridge between chains. PGO is BTC based and wPGO is ETH based, it is impossible (at this time) to bridge the two chains. We need a crowdsale because we have to supply ETH to the DEX LP and we need $ for other things like marketing, partners, etc. The distribution is located on wPGO website.

I stand corrected, wrapped, not warped. Nonetheless, the essence of my question remains the same. Allow me to rephrase to better suit your ideal:

The wPGO were a representation of PGO on ERC, that enables PGO holder to use them as a gateway to integrate their PGO into etherchain, by swapping PGO-wPGO. Correct?

If it still doesn't fit your ideal, simply put, wPGO works under the same principle as wETH, correct? We swap ETH to wETH, vice versa.

I'll go and settle this issue first before we move to other aspect of your tokenomy.

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

754,161 wPGO sold already! Presale will last a total of 3 weeks so you still have time to buy at presale prices! Also, PGO up 200% today!

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

Quote from: holydarkness on January 11, 2021, 01:54:50 PM

Quote from: VSTheFoodSnob on January 11, 2021, 06:41:33 AM

Yes, it does have a purpose, we spend a lot of time writing about it and giving links. I wish it were read. Anyway, PGO is BTC based and can't be used in the defi ecosystem, that is one reason why we made wPGO, which is stated in the above. So our users can access the defi ecosystem and use it. The other use case is to provide a privacy gateway for our users from defi (wPGO) to privacy (PGO) via a swapping tool/bot.

Oh, rest assured that it is read, hence the confusion. First thing that you might be able to clear: this is a warped token, right? A "copy" that works as a bridge for a token between two chains. In this case, etherchain and blockchain. So why do we need a token sale? Wouldn't people be able to just switch their token through gateway like wETH? Seems easier that way.

Sorry you are confused. It is not a warped token it is a wrapped token. It is not a copy, it is a representation and it is not a bridge between chains. PGO is BTC based and wPGO is ETH based, it is impossible (at this time) to bridge the two chains. We need a crowdsale because we have to supply ETH to the DEX LP and we need $ for other things like marketing, partners, etc. The distribution is located on wPGO website.

VSTheFoodSnob

newbie

Activity: 45

Merit: 0

Quote from: murimavet on January 11, 2021, 12:54:55 PM

So as I see wPGO crowdsale is live, how long it will go and what conditions? Is there is the only way to get tokens?

Please follow link to our Discord, all the info is there or go to wPGO website. Here is a tutorial video as well, https://youtu.be/StvXFwMXnL0

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: VSTheFoodSnob on January 11, 2021, 06:41:33 AM

Yes, it does have a purpose, we spend a lot of time writing about it and giving links. I wish it were read. Anyway, PGO is BTC based and can't be used in the defi ecosystem, that is one reason why we made wPGO, which is stated in the above. So our users can access the defi ecosystem and use it. The other use case is to provide a privacy gateway for our users from defi (wPGO) to privacy (PGO) via a swapping tool/bot.

Oh, rest assured that it is read, hence the confusion. First thing that you might be able to clear: this is a warped token, right? A "copy" that works as a bridge for a token between two chains. In this case, etherchain and blockchain. So why do we need a token sale? Wouldn't people be able to just switch their token through gateway like wETH? Seems easier that way.

Topic: [ANN] [DeFi] wPGO (Wrapped Pengolincoin) - page 2. (Read 546 times)