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📣 $BETAI IDO Update

At Solanium, we're committed to protecting our community and maintaining professionalism with our partnerships. Following the $BETAI IDO, we want to provide clarity on the situation and the steps we’re taking to prioritize fairness and uphold our values.

While $BETAI price technically traded above the IDO price 24 hours after TGE, there were concerns about the price movement which invalidated Solanium Shield’s refund policy. We've addressed this directly with their team but unfortunately, they have chosen not to refund Solanium IDO participants and have demanded the full raised funds from the sale.

We are currently taking proactive steps which includes introducing measures to prevent similar situations in the future.

As a launchpad that values professionalism, we will honour our contract with them and transfer the raised funds, even under these conditions.

However, we have also decided to refund 100% eligible participants directly from our treasury in $SLIM tokens to ensure fairness and trust. Refunds will be done within 72 hours and automatically airdropped in user wallets.

Refund Eligibility

Refunds will be issued to users who meet both the following conditions:

1. Participated in the $BETAI IDO and are staking SLIM.

2. Did not sell/move their $BETAI tokens within the first 24 hours after TGE.

On top of that, eligible users will still keep their $BETAI tokens, guaranteeing a net profit for eligible participants.

This is a unique, one-off decision made under specific circumstances and does not set a precedent.

For participants who did not qualify for the refund, we encourage you to consider staking $SLIM, not just to gain access to opportunities, but also to be better protected when such unexpected situation arises.

New Refund Policy

Starting February 1, all IDOs on Solanium will adopt a new refund policy, as shared in our Platform Updates ⬇️

https://solanium.medium.com/solanium-platform-updates-c07e35d2dd0c

This policy will allow participants to request a refund within a 72-hour window or claim their tokens, ensuring more clarity and flexibility while protecting users from potential market risks.

All these decisions reflect our unwavering commitment to our community while maintaining professionalism in our partnerships. We appreciate your trust as we continue strengthen our processes and build a thriving ecosystem.



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📣 $BETAI IDO Update

At Solanium, we're committed to protecting our community and maintaining professionalism with our partnerships. Following the $BETAI IDO, we want to provide clarity on the situation and the steps we’re taking to prioritize fairness and uphold our values.

While $BETAI price technically traded above the IDO price 24 hours after TGE, there were concerns about the price movement which invalidated Solanium Shield’s refund policy. We've addressed this directly with their team but unfortunately, they have chosen not to refund Solanium IDO participants and have demanded the full raised funds from the sale.

We are currently taking proactive steps which includes introducing measures to prevent similar situations in the future.

As a launchpad that values professionalism, we will honour our contract with them and transfer the raised funds, even under these conditions.

However, we have also decided to refund 100% eligible participants directly from our treasury in $SLIM tokens to ensure fairness and trust. Refunds will be done within 72 hours and automatically airdropped in user wallets.

Refund Eligibility

Refunds will be issued to users who meet both the following conditions:

1. Participated in the $BETAI IDO and are staking SLIM.

2. Did not sell/move their $BETAI tokens within the first 24 hours after TGE.

On top of that, eligible users will still keep their $BETAI tokens, guaranteeing a net profit for eligible participants.

This is a unique, one-off decision made under specific circumstances and does not set a precedent.

For participants who did not qualify for the refund, we encourage you to consider staking $SLIM, not just to gain access to opportunities, but also to be better protected when such unexpected situation arises.

New Refund Policy

Starting February 1, all IDOs on Solanium will adopt a new refund policy, as shared in our Platform Updates ⬇️

https://solanium.medium.com/solanium-platform-updates-c07e35d2dd0c

This policy will allow participants to request a refund within a 72-hour window or claim their tokens, ensuring more clarity and flexibility while protecting users from potential market risks.

All these decisions reflect our unwavering commitment to our community while maintaining professionalism in our partnerships. We appreciate your trust as we continue strengthen our processes and build a thriving ecosystem.

BY Solanium




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How Does Bitcoin Work?

Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”

Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.

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