Dearusers:
AccordingtoImportant:DFTtotalcapreduced.DFTbuybackplanreleased.NomorenewDFTsreleasedandDFTnewminingrules,DigiFinexhasstoppedreleasingmoreDFTandlaunchedthelastroundofDFTminingtogiveawaytheDFTlockedinminingpool2.SincetheamountofDFTinminingpool2isrunninglow,DigiFinexdecided21stAugustisthelastdayofDFTmining.DFTisterminatedfrom22ndAugustonwards.Onceminingterminatedafter21stAugustalltheremainingDFTinminingpool2willbeburnt.Pleaserefertofurtherannouncementonthat.
AsweareworkingtoberegulatedinSingaporeandaimfortheupcominglicenseinSingapore,wearetakingourlegaladviser’ssuggestiontostopDFTlockfordailyrewards.MeanwhilewewillkeeplockDFTforextrarewards.
(ThecurrentAGuidetoDigitaltokenofferingsfromMonetaryAuthoritySingapore.AboveisquotefromthisMASguide.)
InordertosecureDFTprice,fromDFTminingterminationtill1stOctober,DigiFinexwilltake80%ofthetransactionfeesweeklytobuybackDFTsfrommarketandburnthem.After1stOctoberDigiFinexwilluse30%ofitsrevenuemonthlytobuybackDFTsandburnthem.DFTisenteringdeflationcycle.
InordertoincreaseDFTvalue,DigiFinexwilllaunchDFTtransactionsfeefunctionsoon.UsercanuseDFTastransactionfeestogetbetterdiscount.
MeanwhilewearealsostudyingandexploringothermeanstoincreaseDFTusecaseandDFTvalue.Pleasestaytunedformoreannouncement.
WehavefaithinDigiFinexandDFT.
Thanksforyoursupport!
DigiFinex
21stAugust2018
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