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>$BUIDL V2 ~ Core Update ~ Incentivized Token Swap Starts Friday! ~ Fair Inflation V2

>~ Staking Rewards Soon! ~ Uniswap V2 Integration Next Week ~ Uniswap IDOs Too

>~ And with Uniswap V2 Integration, a new Auto-List Feature For New DFOs ~

~~~

>Unofficial Thread

medium.com/dfohub/core-update-uniswap-integration-staking-and-buidl-2-0-dfohub-weekly-june-13-20-cebba3d106a9

~~~

With this big update, we transition to the next phase of DFOhub, from BUIDL V1 to BUIDL V2.

This token swap starts Friday, and is incentivized. You could end up with 30% more BUIDL.

>Why is there an incentivized token swap?

To unlock the full potential of DFOs, and to add an extra layer of security to future upgrades. The DFO core has been upgraded to treat BUIDL as a microservice independent of the DFO. This means token holders can always use the governance token to vote for new upgrades, even if for some reason a buggy/broken update was approved for another microservice on the DFO. Token holders can now always vote to fix it. This is important for DeFi dApps; it protects against possible attack vectors.

This is the only BUIDL token swap that will ever occur.

>How do I swap my old BUIDL for the new BUIDL?

On Friday, switch.dfohub.com will activate. Specific instructions are there. It will be a simple process.

Attached: dfoooo.png (1920x1215, 3.05M)

Other urls found in this thread:

etherscan.io/block/countdown/10432000
twitter.com/NSFWRedditVideo

>How do I profit from this?

By swapping EARLY. The devs are offering incentives to encourage you. Swap in the first 24 hours, and you’ll come out the other side with 30% more BUIDL. For 48 hours after that, 20% more. And for the five days after that, 10% more. Then it’s a 1:1 swap for 45 days.

For example, if you swap 1000 BUIDL V1, you’ll receive 1300 BUIDL V2.

They are rewarding engaged holders. You can read all about it in the news update.

>Doesn’t this increase the total supply / circulating supply / market cap?

Yes, but not by much, and it depends on how many people actually switch / how early they do so.

The max the new circulating supply will increase to from what it is now —about 2.2m— is 2.8m. The max the total supply will increase to from what it is now —42m— is 42.6m (all locked tokens are only swapping at 1:1). But not everyone will make the switch during the first few days, and I expect we’ll see a new total supply of only around 42.3m and a new circulating supply of only around 2.5m.

So BUIDL V2’s MC will be roughly equivalent to BUIDL V1’s. That is, if BUIDL’s price stays the same. Given the incentives, I wouldn’t count on it staying below $1 for very long.

Swap early, and you’ll have 30% more BUIDL. Relative to these other changes, this is huge.

>We’re all going to make it.

Pour yourself a drink, fren. There’s more.

>Tell me about liquidity staking.

You are going to be rewarded for staking your BUIDL V2 to provide liquidity on Uniswap.

There will be four tiers, with progressively higher rewards:

Stake for 1 month at a ratio of 1 : 0.01 BUIDL.
Stake for 3 months at a ratio of 1 : 0.05 BUIDL.
Stake for 6 months at a ratio of 1 : 0.2 BUIDL.
And stake for 1 year at a ratio of 1 : 0.5 BUIDL.

Not only will you receive a BUIDL bonus at the end of your chosen staking period, you’ll also earn a % of Uniswap trading fees.

For more information and examples, check out the paper.

>What about the new Inflation Strategy?

They have improved the Inflation Strategy for $BUIDL & $ARTE. Instead of large, weekly inflation events, they will be small and daily. The same total amount of both will be inflated over the same period, but split across more events, so they don’t cause a dip in the markets.

>What about Uniswap V2 Integration?

Uniswap V2 integration is finalised, and will be implemented next week. When that happens, DFOs will be able to manage liquidity pools, their fair inflation mechanisms and staking rewards by voting.

They will also be able to conduct Initial Dex Offerings (IDOs), something we have never seen before on Uniswap, and which has the potential to permanently improve Uniswap’s ecosystem.

This is also true of the upcoming ‘Auto-List’ feature. You will be able to directly trade a DFO’s tokens on Uniswap via the DFOhub GUI, so you know you’re trading the real thing and not a scam.

These things will help kick off DFO adoption.

>What’s next?

Vertical DFOs, Multi-Token DFOs and so much more. Check out the Weekly, and stay tuned.

This is HUGE.

BUIDL is extremely undervalued anyway. New ATHs beyond $1 are imminent.

You have until FRIDAY to build up your BUIDL.

>By swapping EARLY. The devs are offering incentives to encourage you. Swap in the first 24 hours, and you’ll come out the other side with 30% more BUIDL. For 48 hours after that, 20% more. And for the five days after that, 10% more. Then it’s a 1:1 swap for 45 days.

>For example, if you swap 1000 BUIDL V1, you’ll receive 1300 BUIDL V2.

Join the unofficial telegram to talk DFOs, join the BUIDL gang, party!
>unofficial telegram:
@BUIDL_Chat

Attached: super$BUIDLbros.png (767x977, 1.11M)

Holy shit wtf is going on. Is this bullish or bearish?

>Swap in the first 24 hours, and you’ll come out the other side with 30% more BUIDL.
well fuck
i got in at 6c. been bleeding my stack since then, but it might be time to rebuild it for this coming weekend. 30%’s huge.

It is EXTREMELY bullish

But if you stake BUIDL on uniswap and it moons don’t you lose most of your BUIDL? How do you know the bonus you receive for staking will make up for losses on providing uniswap liquidity?

So its gonna nosedive after the swap then? you can't just add 30% more coins without fucking everything up

The price of 1 BUIDL might but the mcap won’t

what time on friday does this swap open?

Read this part again:

>Doesn’t this increase the total supply / circulating supply / market cap?

You don't lose anything in terms of $ value. In the case you mention, you gain what you lose in BUIDL in dollar equivalent amount in ETH

etherscan.io/block/countdown/10432000

Nah this deal for 30% only lasts 24hrs and no more additional incentives after 1 week. There are only about 500 holders and I’ve crunched some numbers and I’m this will overall even out the distribution and make BUIDL overall more decentralized (lots more smaller wallets will gain a net total much higher than top wallets, there is a cap on swap bonus)

there is a cap? what is it? and what's stopping whales from simply spreading out their buidl over on smaller wallets to work around the cap?

So if I just keep my v1 BUIDL and don’t swap my v1’s become worthless?

>a cap on bonus
What cap is that

Huuuuuge update!
This is at least a 50-100 M market cap coin. Staking!

Its better than Dao shits!
Dyor user.

just bought 1900, hope you guys are right kek

Yep. Check out the switch incentive structure in the Weekly Update. You have 60 days overall to make the switch. After the first 53 days, your V1 BUIDL will begin to lose value against V2 BUIDL.

There's no cap for individuals. Read through my post and the weekly update again and hmu if you still have questions after that

By the way, if it wasn't already clear, your BUIDL V1 are burnt when you swap them to V2

I read the post and didn't see anything about a cap like this user mentioned here
, so there is no cap? what was this guy saying then

misread, was looking at staking. There's no cap.
>It can be a small inflation, if a lot of people will join early... but is an advantage for you as a holder not for the team... It’s a way to reward active community members :)

...

I didn’t think I could like this project anymore. What an update.

Feels good being a BUIDLbro

amazing, bullish af

we fucking mooning boys