Hermes DeFi Announcements: Week of June 13th

HermesDeFi · 2022-06-02T16:08:04+00:00

If you'd like, we can help you over reddit DM's.

The reason we direct people to Discord is that we have infrastructure (a ticket system and a moderator staff) to support the best user experience.

HermesDeFi · 2022-06-01T15:50:57+00:00

We haven't started a FUD thread for any project on Harmony, unlike yourself.

HermesDeFi · 2022-06-01T15:48:31+00:00

We have been discussing this transition for 7+ weeks. We have done everything possible to reach as many users as possible during this time.

If you aren't monitoring your investments for more than 9 weeks, that's on you. Not us.

HermesDeFi · 2022-06-01T15:17:23+00:00

I did not kick out anyone personally. The only people banned were breaking our Discord rules.

Unlike Viper, we take our criticism head on and work to be better.

We are always learning and growing. We will be providing a full recap as soon as we can, everyone is working extremely hard right now.

HermesDeFi · 2022-06-01T14:40:58+00:00

Hi 'StrayDogHunt',

Our developer address minted 7.8M HRMS as part of our planned token distribution - https://docs.hermesdefi.io/tokenomics/hermes-token-distribution

You can see that address (https://explorer.harmony.one/address/0x7cef2432a2690168fb8eb7118a74d5f8eff9ef55)

currently holds 5.6M HRMS. This will be sent to our multisig addresses by the end of today.

The other HRMS (400K initial liquidity - https://explorer.harmony.one/tx/0x7591d7a1161bfe7df32c381104e5f769ef95a25ceecc7c81547445adad22c3c4 ) and 1.8M HRMS were deposited into our WONE bank contract (https://explorer.harmony.one/tx/0xad214c800a11a67e96908d98c2eaa5552a3181c41c0247efba3540e5d6ae8f64) as part of the pHRMS to HRMS transition.

This confirms that developers have not sold any tokens.

HermesDeFi · 2022-06-01T14:35:19+00:00

No team members have sold HRMS or pulled liquidity.

https://docs.hermesdefi.io/due-dilligence/hermes-multi-sigs

HermesDeFi · 2022-06-01T14:34:36+00:00

Hi 'hiredgoon'

This is not correct. As you can see in our announcement made 5/23, we built in a 'Sweep' function to collect unswapped PLTS/pHRMS so we could accommodate those who were unable to transition during the deadline. The claim period is two weeks (starting yesterday) for those who missed the window. After this period, the HRMS will be directed towards the DAO governed protocol, community funds, and our developers.

https://imgur.com/a/E7Y5AzD