We are starting the voting process for updating the functionality of our STE smart contract:
Approximate time is 3 days starting from today.
The new STE features will include the following:
1) Founders and several seed investors vesting period of 6 months after the ICO end date. (This means we as founders can't sell STE for 6 months - it will be hardcoded into the new smart contract)
2) Bounty participant vesting period for 3 months. Since we want to protect our token from free riders just looking for quick profits.
3) Wings forecasting and Wings bounty requirements which will be put directly in the smart contract
4) Improved strategic partnership and referral program with major bug fixes.
5) Possibility to be launced on platforms like KICKICO
6) Auction functionality for the coming ICO. All auctions will be made based exclusively on the new smart contract.
Voting instructions:
Only current STE holders can vote!
1) If you vote 'Yes', transfer 0.00001 ETH to 0xaE5652Ea226BFaE00B8d542e58231362aF836Fda
2) If you vote 'No', transfer 0.00002 ETH to 0xaE5652Ea226BFaE00B8d542e58231362aF836Fda
All the transactions will be automatically cancelled, so you won't spend any ether on this except for the gas.
Voting results will be evaluated based both on the number of votes and their corresponding share weight in STeX.exchange
Set Gas limit to 21000 and gas price in between 2-4 Gwei, so the cost of the vote for you will be $0.01.
https://t.me/STeXexchange/18711I like those plans and support them except the:
Bounty participants 3months vesting period...
Let them sell. 1 major mistake people make is believing bounty participants just dump. But if the goal is to avoid an instant dump, locking it won't help.
By locking bounties, your just prolonging the inevitable while creating a situation where a dump will be likely well after the market has been trading.
Plus, you'll have those same free loaders hanging out in this thread, and in telegram complaining non stop...
Just peal the band aid off quick. And rid yourself of the pain of a slow and lengthy distribution.
I've watched it happen before, it's not worth it.
Just my 2 cents, otherwise I'm cool with a vesting period. I'd rather get those commissions for the rest of my life