What’s next for PearZap?

In this medium we will tell you about what’s been happening behind the scenes at PearZap.

$JUIX launch cancelation

As you all know we decided to cancel the $JUIX launch and listing last minute. Unfortunately not enough money was raised to properly launch our $JUIX DEX. A DEX needs liquidity on all listed pairs and since we didn’t raise enough we weren’t able to launch the $JUIX DEX. The money that was supposed to be raised wasn’t just for $JUIX liquidity.

What happened behind the scenes at PearZap after the launch cancelation?

The team circled back to think of solutions on how to get the $JUIX DEX up. We came out with a proposal to the community and the community votes against the proposal. So now the team is thinking of other ways to get the DEX up and running with the community its approval. The team will come with a new proposal soon, after which we will make another community poll on the proposal.

$PEAR

The PearZap team always promised to keep major focus on $PEAR and that is what we will keep doing. On the 7th of December we will kill all non native farms and pools on all chains. This will drastically reduce sell pressure on $PEAR. The emission rate of $PEAR per block will be adjusted to 2.5 $PEAR per block. We promised we would take these measures to make $PEAR more valuable when we announced our $JUIX token launch. Well $JUIX isn’t launched but we will still live up to this promise that was made.

Stay tuned, new proposals on the JUIX DEX launch will follow soon.

PearZap socials:

High yields #Polygon, #BSC & #Fantom farming (cross-chain). Telegram: http://t.me/pearzap #PearZap

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

In Our Flawed and Untrusted World … Welcome to the Wonderful World of Range Proofs … And Instant…

Michael Jordan caught the NFT bug

FIFO Finance — A New Trading Tool For Crypto Big-Boys

Client Showcase — Minibee Wallet

Dexgem, the Future Launchpad Solution

$ASVA Lists on MEXC! Trade to Win!

zkTube — A Scaing Solution to ETH Layer 2

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
⚡️ PearZap.

⚡️ PearZap.

High yields #Polygon, #BSC & #Fantom farming (cross-chain). Telegram: http://t.me/pearzap #PearZap

More from Medium

OpenOcean’s Integration with Terra

Yield Protocol announces partnership with Delta.Theta

DAO Update — Happy New Year 2022

$JUIX launch Postponed