Dear $COFE lovers
βοΈTo improve $COFE value and community confidence, following process is implemented
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Rebalancing the pool (2 billion $COFE / corresponding $TON removed from the $COFE / $TON pool)
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2 billion $COFE will be burn immediately so the total supply of $COFE reduced from 10 billion to 8 billion
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Corresponding $TON will be used for buyback of $COFE from market
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Only for those who submit the refund request before 27 March, 10:00 AM UTC, we will process your refund starting from today (either you send back $COFE in exchange of $TON at minting price or you can sell $COFE at market and pass the loss to us (between minting price and selling price). For selling option, just one trade should be evidenced after your wallet receiving airdropped $COFE (we cannot honor refund for losses which are due to multiple transactions. The time line of such trading should be limited to 4 hours starting from now or yesterday. If you are selling at profit, you can keep it
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Will continue to utilize treasury fund to defend the floor price of $COFE
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Will continue to push $COFE business development with more community confidence
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We have strong belief of synergy between $nano and $COFE and will continue to seek alpha
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Separate tg channel of $COFE has been created here
t.center/cofeofficialEnjoy $COFE
βοΈMore information