This has already been posted but needs to be posted from me
Dear Shekel Community ,
As most of you know we have been having issues with exchanges running our blockchain, deposits gone missing, and just about any other issue you can think of. I am not going to blame anyone or point fingers at anyone. After speaking with the members of the JEW Foundation we have came up with a resolution; We are going to rebuild JEW on a whole new chain and initiate a 1:1 swap. So what does this mean? Basically we will make a whole new coin and collect all current JEW in a collection address on the current chain and reimburse you with the new JEW. Some of you may ask "Well what about coins in exchanges"?, I have spoken with both Stocks Exchange and Crypto Bridge. Crypto Bridge is willing to do a 1:1 airdrop and Stocks Exchange is checking with their Devs to see if they can do an airdrop for us as well. Crypto Bridge stated if we can get them the new daemon they will run the test for 24hours and make sure everything is functioning properly, after that we will start the airdrop. Depending on when I get them the new code we can see this swap happen as early as Sunday. Today myself and the JEW Foundation will be running extensive tests on the code so hopefully we have something to send to the exchanges tonight or sometime Friday.
So what are the benefits?
- ROI Increase (We will be increasing the rewards for master nodes and decreasing for staking)
- Clean Code (No more bugs, no more excuses from us or the exchanges)
- Immediate CoinExchange.io Listing
This is what we find to be the best solution to the recent problems we have faced.
tldr; creating a new coin from an updated code base, it will still be called Shekel (JEW). Rewards will change in favor of a ROI Increase and if your coin is stuck on an exchange you will be credited 1:1 via airdrop. If your coins are in your core wallet, we will perform a manual swap with you. The swap period will last for 30 days from the time we launch the new chain. More details on the upcoming swap will be posted at a later date
