Dear Posi Holders,
π Rally for Posi Group is Ready! π
Real POSI holders, your exclusive access awaits! Verify your holdings through our specialized verification bot to receive a private invite link to join the group.
Requirements:
- Minimum POSI holding: 1 POSI on BSC and/or Posichain
- Continuous verification: The bot checks both BSC and Posichain. If you sell all your POSI, you will be automatically removed from the group.
How to Join:
1. Communicate with the bot: [@PECredVerifyBot](https://t.me/PECredVerifyBot)
2. Insert your wallet address to be verified and receive your invite link.
Letβs rally together and drive the future of POSI forward! π
Dear users,
Here we have great news regarding POSIChain Bridge. π₯³
After a complicated hardwork of recollecting the available data, our developers could resume the bridge functionality. The users whose Posi was stuck on Posichain, can now bridge them to BNBChain. Some points to consider: π
1. The bridge is active now just from Posichain to BNBCHAIN. It will be active permanently. ( the reciprocal bridge will be available after a complete maintenance. For now the focus pf development will be on Futurx. )
2. All staked amounts from delegates and validators will also be bridgeable at one for their convenience.
3. Because the posi chain is still under maintenance, please connect your wallet to the bridge at position.exchange/bridge
4. The tokens may take upto afew minutes maximum to show up on BNBCHAIN after the bridge.
5. The POSI Rally group may open tomorrow after we verify some data on POSI Chain. This is to ensure that holders in POSI Chain are involved.
Once again we deeply appreciate all your support and love. β€οΈ
Dear users,
Here we have great news regarding POSIChain Bridge. π₯³
After a complicated hardwork of recollecting the available data, our developers could resume the bridge functionality. The users whose Posi was stuck on Posichain, can now bridge them to BNBChain. Some points to consider: π
1. The bridge is active now just from Posichain to BNBCHAIN. It will be active permanently. ( the reciprocal bridge will be available after a complete maintenance. For now the focus pf development will be on Futurx. )
2. The tokens may take upto afew minutes maximum to show up on BNBCHAIN after the bridge.
3. The POSI Rally group may open tomorrow after we verify some data on POSI Chain. This is to ensure that holders in POSI Chain are involved.
Once again we deeply appreciate all your support and love. β€οΈ
An important message from the CEO :
Dear Community,
I understand how everyone is feeling right now. Firstly, I apologize for not being able to focus fully on the development of our project recently due to various reasons. Additionally, I acknowledge and apologize for my past mistakes, especially for not fully foreseeing the risks involved with our project's features.
I realize that many of you have invested dreams, money, and time in this project. I, along with other team members, have also invested heavily over the past nearly three years - time, money, and a lot of effort. We've had many sleepless nights, and it has taken a toll on our health. Before investing in Position Exchange, I had made enough money to retire comfortably, and my financial situation was secure. However, driven by the desire to create a huge project, I invested in and established Position Exchange, aiming for it to endure. In recent years, we have invested over $2-3 million in development, marketing, and buybacks, but what have I gained in return? Almost nothing, just like many of you. The value of the tokens I purchased has also significantly diminished. Moreover, I am dealing with additional debts from features like GG, Futures Staking. We have never sold a single team token. And currently, it still remains in the locking contract.
The crypto market is a "zero-sum game," where many whales enter to pump prices, subsequently dumping them and leaving, stranding others. If I could start over, I would not embark on this project again; instead, I might have invested in AI or other core technologies that create more value. However, I am deeply committed ("In for a penny, in for a pound") and must continue to take responsibility.
Therefore, I hope we can all come together to give Position Exchange one more chance to fulfill our dreams. We will continue to develop FuturX as previously committed. We understand this may be our last chance, and there is no room for failure. Therefore, we will start from scratch to develop a better platform. Many users have questions about our development partners and their company. Their promotional videos from 2 years ago when they had a lot of investment, but much has changed since then, most of them have departed, leaving behind chaos - another reason we need to start over from the beginning.
As mentioned earlier, the timeline is approximately 3-6 months. We are currently in the planning stages to formulate a specific plan and system, details of which I will share later.
It will then take about 2-3 months of development to produce the first public testable version. Alongside product development, we will also endeavor to build a community for FuturX. Once we generate profits from trading activities, we will use them to repay the outstanding debts. We will then migrate POSI tokens to a new token at a very favorable rate for POSI holders (you will not need to pay any additional money).
Some goals:
- Launch the FuturX mainnet within 6 months
- Achieve a market cap of $5-10 million in 2024 (contingent on the token's release)
- Repay part or all of the current debts in 2024
Note: These are the goals I have set for 2024, based on my personal opinion. You are welcome to provide feedback for adjustments. Success in achieving these goals is not guaranteed and is not investment advice or a commitment. Please consider the risks carefully if you decide to invest. The decision is yours.
Later, we will establish a private group for holders so we can discuss the plan more in-depth, and I will also provide more frequent updates on development.
Thank you for standing with us throughout this journey. Let's rebuild together from the ground up. Thank you, everyone. π
https://twitter.com/JustinPosition/status/1786442098453164229
Dear holders:
The first batch of repayment was successfully done for Gain Grid and Futures Staking stuck funds. We cannot promise any fixed timetable or percentage but will try our best to continue this process in the future more regularly.
If you have not registered with our verification bots yet, do not get worried. The process will be ongoing until everyone gets listedon our repayment backlog.
In addition to the repayment process, in our next step,
1. For the POSIChain issue, we will attempt to resolve it in May, restore its functionality, or bridge all POSI to BNB Chain (details will be announced later).
2. We will also create a dedicated group for real POSI holders (address verification mandatory). Then, we can discuss the plan for FuturX.
We sincerely appreciate your patience and understanding.
Hello everyone. π
To go on with the announced plan, the Futures Staking refund verification bot is now ready. If you have funds stuck in Futures liquidity pools, please follow these steps:
1. Just chat to: @PECredVerifyBot with the command /fs
2. Enter wallet address
Verify it
3. Then a invitation link will be created, use it to join the group.
The bot command for bonds support will be created later
Important: End of Service Announcement for Gain Grid
Dear Gain Grid Users,
Today, we must share a significant and challenging update. After detailed market analysis and considering the extreme volatility we've faced, we are saddened to announce that Gain Grid will be discontinued effective April 29, 2024. This decision weighs heavily on us, and we are keenly aware of its impact on you, our valued users.
Why is Gain Grid Ending?
The cryptocurrency markets have been unpredictably volatile, posing severe challenges to maintaining profitable operations. Despite rigorous efforts to adapt and mitigate these effects, we find ourselves in a position where continuing the service is no longer sustainable without incurring further losses. As highlighted in our terms and conditions (attachment), investment risks can lead to capital loss, and terms may be subject to changes reflecting market realities. We are now at a juncture where we must invoke these terms due to ongoing losses, and we humbly ask for your understanding and cooperation during this difficult time.
What This Means for Your Investments
In keeping with our commitment to fairness and transparency, we will process refunds for users with a net negative balance (total unstaked + total harvested - total staked). We regret that we cannot extend refunds on any accrued profits due to our current financial constraints. For those eligible for refunds, we will provide additional compensation for the delayed processing times, the specifics of which will be shared in a dedicated group created for this purpose.
Next Steps for You
Please connect your wallet to review your investment history on the Gain Grid (position.exchange/gain-grid). If you are eligible for a refund, you will receive an invitation to join the dedicated chat group where we will outline the refund process and address any concerns.
We understand the disappointment this decision may bring, and we are committed to assisting you every step of the way. For further information or assistance, please do not hesitate to reach out.
Thank you for your understanding and for sharing in our challenges during these times.
Summary of Total Investments:
All-time Staked: $3,038,637.16
All-time Unstaked: $2,126,547.31
All-time Rewards Harvested: $558,048.79
60% of users achieved positive returns.
For transparency and verification, all data related to transactions is available on-chain, which you can explore using the sheet provided below.
https://docs.google.com/spreadsheets/d/1LrLlQSeES65OlF4bQbqbQq4owlUp25874sI9RiSOSas/edit?usp=sharing
Please note: Should there be any technical discrepancies or mistakes, our team will reassess the status of affected members or make necessary adjustments to the refund amounts.
What are your thoughts on Decentralized Exchange integrating AI technology into its platform? Share your opinions and ideas with us!
Traders or Holders? Who wins more in a bull market! π€ What do you think? Share your thoughts with us here π€
Unlike traditional exchanges, Position Exchange's on-chain orderbooks offer unmatched transparency and security. With direct peer-to-peer trading, you have full control over your transactions, eliminating the need for intermediaries. ππ
π‘ Stay Vigilant, PosiNation! π¨
In times of market upturns, hackers are on the prowl. Protect your assets by staying alert to phishing attempts, suspicious links, and unauthorized access. Remember, safety first in every trade and transaction.π
Market is Bullishπ. Will it hit a new ATH soon or you are thinking of a different scenario? Share your prediction with us.π₯°
"Even in stillness, our potential knows no bounds!" ππ«
While our current condition may have slowed our pace, it hasn't dampened our spirits. With every challenge comes an opportunity to rise stronger and more resilient than ever before. Let's use this time to reflect, re-calibrate, and reaffirm our commitment to success with Position Exchange!
π Spread Love and Decentralization this Valentine's Day with Position Exchange! π
Dear PosiNation ,
As we celebrate the season of love, let's also spread the spirit of decentralization and unity. Together, we're building a future where trust, transparency, and financial freedom reign supreme. Wishing you all a Valentine's Day filled with love, joy, and prosperous trades! ππ
π Blockchain Interoperability! ππ
At Position Exchange, we're not just embracing the concept; we're pioneering Blockchain Interoperability with our decentralized trading protocol, DPTP/
@FuturXofficial
! ππ€
π Multi-Chain Presence:
Much like the interconnected chains in Blockchain Interoperability, our DPTP has already spread its wings across BNBChain, OKX, POSIChain, and ,ArbChain. Imagine the power of seamlessly trading assets across these diverse blockchains!
π¬ Silos Shattered:
DPTP acts as a bridge, shattering silos between blockchains. Traders can experience fluidity in transactions, harnessing the strengths of each chain without limitations. It's about creating a unified trading experience in a multi-chain universe.
π Unlocking Possibilities:
As we explore decentralized ecosystems on multiple chains, Position Exchange is at the forefront, unlocking new possibilities and collaborations. Blockchain Interoperability isn't just a vision for us; it's a reality shaping the future of decentralized finance.
Ready to trade across chains seamlessly? ππ«
π Heartfelt Thanks to Our Amazing Community! ππ
Dear Position Exchange Family,
We want to extend our deepest gratitude for your unwavering support and patience as our team works diligently to resolve ongoing challenges. Your commitment fuels our determination to overcome obstacles and deliver the exceptional experience you deserve.
Now, let's reminisce a bitβwhen did you join our project? We'd love to hear your stories and celebrate the journey together. Drop a comment below and let's build the future of decentralized finance as one united community! ππ
ππ
π Unveiling the Heartbeat of Posichain: Blockchain Consensus Demystified! ππ‘
Ever wondered what keeps the gears turning in the world of Posichain? Let's demystify Blockchain Consensus Mechanisms! ππ§
π From Proof-of-Work to Proof-of-Stake:
Posichain, like a symphony, relies on different tunes of consensus. Understand the harmony between Proof-of-Work and Proof-of-Stake, the dual forces that drive the heartbeat of our decentralized network.
π» Shaping the Decentralized Landscape:
Explore the diverse landscape of consensus mechanisms! Each mechanism shapes the decentralized realm uniquely. In Posichain, our consensus mechanisms are the architects, ensuring secure and efficient transactions for every user.
π Delve into the Core of Posichain:
Ready for a journey to the core of Posichain's technology? By decoding consensus mechanisms, you unlock the secrets of a secure, transparent, and decentralized future. Get ready to explore the beating heart of blockchain technology! π
#BlockchainBasics #ConsensusMechanisms #PosichainInFocus ππ
π Dive into Liquidity Pools with Position Exchange! πΉπ§
Ever wondered about the magic behind decentralized trading on Position Exchange? Let's unravel the secrets of Liquidity Pools! π‘π»
π How Liquidity Pools Work:Liquidity Pools are the lifeblood of decentralized exchanges. Imagine a shared pot of assets, where users contribute funds, forming a dynamic reservoir. This pool empowers traders to buy and sell tokens seamlessly, without the need for a centralized authority.
π Crucial for Decentralized Exchanges:Why are Liquidity Pools crucial? They eliminate the need for a traditional order book, allowing users to trade directly with the pool. As the pool grows, so does the trading capacity, ensuring a robust and liquid marketplace.
π Fueling Decentralized Trading:Liquidity Pools fuel the engine of decentralized trading. When users provide liquidity by depositing assets into the pool, they earn a share of the trading fees generated. It's a win-win, as more liquidity attracts more traders, fostering a vibrant ecosystem.
Ready to embark on a journey through the currents of decentralized finance? ππ°
π€Untold RISKS of trading in Centralized Exchanges that only Pro-Traders know of:
1.
2.
3.
....
Share with us your pro-tips covering these risks belowβοΈπ
Dear PosiNation:
Here we have the latest updates from our developers:
We apologize for the inconvenience due to the recent lack of communication. We will re-launch and will settle the stuff down but this will take some time. We are doing our best to get the resources so we can start over with FuturX. Thanks for your support and understanding
π Happy New Year 2024, PosiNation! ππ
Dear Community,
As the clock strikes midnight, we stand on the threshold of a brand new year filled with endless possibilities! πβ¨ Wishing each and every one of you a Happy New Year filled with joy, success, and prosperity. May 2024 bring boundless opportunities, exciting adventures, and the realization of your dreams.
Thank you for being an integral part of our incredible journey. Your support has been our greatest strength, and we're excited to take on the upcoming year together.
Here's to a year of growth, achievements, and shared victories! π₯π Let's make 2024 legendary!
Dear PosiNation,
We understand the concern and frustration that has arisen due to the recent silence from our development team. We want to reassure you that this silence is not indicative of inactivity; rather, it reflects a deep focus on resolving the current issues with the Gain Grid Pools and finalizing the launch of FuturX mainnet.
Our dedicated developers are working diligently behind the scenes to address these challenges and ensure a smooth transition to FuturX. In their commitment to delivering quality solutions, they have chosen to minimize external distractions, including social media, during this critical phase of development.
We acknowledge the impact this may have on the community, particularly for those with funds temporarily stuck in Gain Grid Pools. We understand your concerns, and we share your sense of urgency to provide resolutions.
Rest assured, a comprehensive update is on the way. We are committed to maintaining transparency and open communication, and we will be sharing detailed progress reports shortly. Our aim is to keep you informed every step of the way and address your concerns effectively.
We appreciate your patience and understanding during this crucial period. Together, we are building the foundation for a stronger and more resilient Position Exchange.
Thank you for your ongoing support.
Best regards
