Solanium ✔

📣 $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.

Medium

Solanium Platform Updates

At Solanium, we pride ourselves to adapt with new innovation as well as changes in the market to suit user needs.

www.tg-me.com/sg/Solanium/com.solanium_io/649

4.4K viewsJan 18 at 16:11

📣 $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