Sorry for the delay in communicating the current daVinci situation, however it was important for us to align and take the correct directions.
As founders (Bruno and Kuyawa) we felt the need to publicly state our vision and next steps to go further with daVinci Marketplace, and also talk about the issue this week about VINCI token.
There were successive unfolding events that led us to remove all liquidity from the pools to protect users’ funds. That funds were sent to a multisig daVinci DAO wallet and will return to the pools ASAP.
1- What happened?
- Feb 1st , 1M VINCI tokens were released to the founders, (3 month vesting period) and tokens were sold
- Due to a bug, extra 11M tokens were sent to a wallet.
- Bruno, before understanding this bug, removed all liquidity to protect the funds.
It’s important to state that kuyawa sold the tokens that belong to him, as part of the vesting schedule agreement. Each founders receive 500,000 VINCIs that vest every three months, until reach 4.5M each (9M =10% of the total VINCI supply 90M)
We, as founders, are committed to do the best for the platform interest and to work together with the daVinci DAO and community to create a fantastic platform. We are currently working on the secondary market and UI improvements.
3- Return VINCI liquidity
We will return liquidity to the pools, as we detected and solved the 11M tokens bug
daVinci Founders (Bruno & Kuyawa)