We hear your concerns from the community, team has not abandoned the project.
04 Jun 2023, 04:19
We hear your concerns from the community, team has not abandoned the project. We’re exploring more ways to drive value to both hamachi and Saba. I hope everyone can understand the tough market conditions. I’ve been taking time to spend time with loved ones this week, haven’t in months. Now I’m coming back to more and more disgruntled community members. We’re always open to community suggestions and feedback. We’re more than capable of making a come back, our showcase of launching multichain and multiple ecosystems was shot back at us.
Saba finance was created as an extension of hamachi finance. Team has no tokens. Fair launched. All transparent. It left us with a bigger hole, many sold the Saba airdrop, withdrew from hamachi ponzu and sold off their holdings completely. This simulates a type of “bank run” and where the current price is.
All we can continue to do is build forward and attract new investors to hamachi finance. If you want out and don’t want to continue to hold, you make your own decisions.
To this day, the team hasn’t received any payments and have used our funds for token buy backs and to send to the DAE. We’re one with the community and seeing this project succeed, even that back fired as we bought over 250K worth of tokens for a whale to dump and have no effect and he sold a large chunk that broke support.
We’re waiting for our first Launchpad project to launch to issue tokens to hamachi finance holders. They haven’t launched, we deposited a portion and tokens will be going to $Hami holders.
To this date, we’ve distribution over 900E in rewards tokens. 1.7M. Overcome a 250K OTC scam. Started with 100K presale which has all been for LP. We didn’t get an arbitrum allocation. We’ve built a mechanism to make hamachi more scarce.
Yet, due to price we’re being fudded. We’ve done a lot in developments, but facts are that volume has died down. We are a protocol that runs on volume.
Team is in the trenches with the community, we can be hopeful that arbitrum becomes a hub for defi and we capture that volume when it returns. Thank you from Joe. 🍣 $HAMI