We have a small change to announce regarding the token migration, that will require an additional step by you Titans.
We released the Titano V2 contracts publicly early so that they could be reviewed by developers throughout the DeFI and crypto community.
One of the excellent devs from the Titan community identified an error in the V2 contract regarding the rebasing APY. He noted that the APY would be calculated on the circulating supply rather than the total supply. This would lead to a significant drop in APY over time as token burns occurred. Needless to say, this was not acceptable, so we have fixed this and will redeploy the contracts to ensure that the APY stays at a steady 102,483.58%.
Other than this, we are pleased to say that we are ready to proceed as planned. Please note the following:
1. We have issued a new token address for the Titano V2 token. Please add this new token address to your wallet. This will be the correct address for the new V2 token.
TITANO V2 Contract Address ❇️
2. We will have to delay the token migration for 2 Hours from now, so the migration will start 14:00 UTC+0.
3. We will commence with the AMA on Youtube immediately after the migration.
It is important to note that this error was discovered by someone reviewing the Titano contracts which have been publicly deployed. Titano will provide this person with a bug bounty for discovering this error and will be working with them again in the future to review our other developments. We have always maintained that the Titano community is one of the best around and in times like this we are reminded why. We are grateful for the depth and variety of expertise we have around us.
We apologize for the delay and appreciate your patience and understanding.
The Titano Team.