Important Announcement to the Memelordz Community Regarding Old $LORDZ Tokens
Hello Memelordz Community,
We hope this message finds you well. We are writing to inform you of an important procedure regarding the old $LORDZ Tokens.
Timeline for Old $LORDZ Token Withdrawal
Starting today, September 3, 2023, and extending until September 17, 2023, you will have the opportunity to withdraw your old $LORDZ Tokens.
Steps to Withdraw Old $LORDZ Tokens
To successfully withdraw your old $LORDZ Tokens, please take the following steps:
- Log into your Bitmart account: Make sure you have access to the Bitmart account where your old $LORDZ Tokens are stored.
- Request Full Transaction History: In your Bitmart account, generate and download your full list of transaction history. This will be essential for verification purposes.
- Initial Funder Wallet Information: Make sure to also provide information about the initial funder wallet that was used to send funds to Bitmart.
- ID Verification: Provide ID verification matching the same ID you verified with Bitmart.
- Send the old $Lordz tokens to the multisig wallet: 0x9BC1E8831d292017FFF7000a3244d3f0b39A04C9 and send us the confirmation transaction hash.
- Contact Us: After gathering all the required information, keep us in the loop to ensure a smooth transaction process.
- Right to Refuse Distribution: Please note that the Memelordz team reserves the right to refuse token distribution to end-users if we suspect any fraudulent or suspicious activity associated with the transaction.
- Bitmart’s $50 Withdrawal Fee: Be advised that Bitmart charges a $50 withdrawal fee for the process. We are not responsible for this fee.
Attention for Smaller Balances
If your balance in Bitmart is relatively small, it may not be worth paying the $50 withdrawal fee. Instead, purchasing $50 worth of new tokens could potentially be more valuable than withdrawing your old tokens.
Keep us in the loop at all times during this process. Your cooperation is essential for ensuring the best possible outcome in each individual case.
Additional Information: Driplock Policy for Large Token Holders
We would like to bring to your attention an additional policy specifically targeting holders of large amounts of old $LORDZ Tokens.
Driplock Periods Based on Token Holdings
- 100k — 499k Tokens: If you hold more than 100,000 but fewer than 500,000 old $LORDZ Tokens, you will be subjected to a driplock period of 3 months. During this time, the tokens will be incrementally released to you.
- 500k — 999k Tokens: If you hold between 500,000 and 999,999 old $LORDZ Tokens, a driplock period of 6 months will be applied to your holdings. The tokens will be gradually released over this 6-month period.
- 1,000k Tokens and Above: For those holding 1,000,000 old $LORDZ Tokens or more, a driplock period of 12 months will be instituted. Your tokens will be systematically released to you over the course of one year.
Why the Driplock Policy?
This policy is being implemented to foster a healthy ecosystem and discourage dumping that could negatively impact the community and the value of $LORDZ Tokens.
Please consider this information carefully as you proceed with the withdrawal and verification steps outlined in the previous announcement. As always, keep us in the loop throughout your process to ensure the most favorable outcome for your specific situation.
If you have any questions or concerns, please don’t hesitate to reach out to us. Thank you for your attention to this matter.
Thank you for your continued support and understanding.
Best regards, The Memelordz Team