POLKA CLASSIC- THE JOURNEY SO FAR (2)
Good day Polka Classic community.
✍ Let me begin this update by thanking every holder of Polka Classic (DOTC) who has kept faith with us especially those who were with us from the beginning.
✍ I have been itching to update you for sometime now but I and my core team have been on the drawing board strategizing on how to take Polka Classic to the next level
CHALLENGES FROM THE BEGINNING
✍ From the beginning of this project, we have been encumbered with some challenges with respect to our contract, and these are:
1. Our LP is only in BNB and there has always been a compelling need to also have it in BUSD, USDT & CAKE and we have decided to fix this challenge
2. Our contract is set from the beginning to have the same buy and sell tax (14% buy & sell) but we prefer to have different taxes for buy and sell with lower buy tax to encourage more holders to Ape into our project.
3. our contract from the begining don't also have a buyback function and volume maker. We don't want our chart to be lethargic. We want a situation where if there is a lull in transaction, our buy back function can triggers some green candles. You do know that green chart encourages more investors.
4-. Our contract don't also have marketing wallet and buyback wallet in BNB. We need to have these activated to aid price movement activities. All new tokens today have these functions. It is either we get progressive and keep pace with others or we ship out.
✍ In the light of the foregoing, we will be relaunching the project by releasing a NEW CONTRACT.
✍ With the new contract, we will disable trade temporarily.
TIMELINES FOR NEW CONTRACT LAUNCH & LAUNCH OF STAKE FARM PLATFORM
Disabling of Trading
✍ Trading on the old contract will be disabled tonight by 23 Hours UTC in preparation for the release of the new contract.
New Contract
✍ We will signal the begining of the new contract by doing a Fair Launch on Pinksale which will begin tomorrow 7th March and end on Fri. 11th March and everyone will have the opportunity to buy in. The soft cap of the Fair Launch is 5 BNB and the field will be open for as many persons to get in within the period as fair launches on pinksale has no hard cap.
✍ Contract is ready today, and in next 24 Hours after 23:00 Hours UTC we will get the contract audited
Airdrop of Tokens
✍ Once trading in the old contract is disabled by 23 Hours UTC today, we will begin the airdrop of the token of the new contract 3-4 hours hours after that. We will complete the token airdrop on the new contract to holders before the fair launch on pinksale starts.tomorrow.
Current Price
✍ We may never see the current price of our token after the relaunch so everyone has the opportunity to buy now until 23 Hours UTC of today Sunday 6th March, 2022.
Staking & Farming
✍ Coinciding with the launch of our the new contract, will be the launch of the long awaited Farm & Staking platform💪💪💪💪💪 which will go live on Friday 11th March, 2022
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