Quote from: mithrim on June 02, 2018, 07:10:52 PM

Quote from: sud on June 02, 2018, 04:16:53 PM

So STE tokens was reissued again? I haven't seen any annoucement about this. Do you have more info why did the team made another contract for this token? I mean if they did it it was probably necessary, but still it can be confusing.

Yeah, the token was again re-issued (link to news)

According to the team it was mainly done to increase the security for the long-term token holders and also for an easier accounting of the original ICO and bounty tokens.
Additionally, to deal with the hacked wallets and funds sent from other exchanges' accounts, they felt that they needed a more flexible vesting system, which was implemented in the final new STE smart contract 0xffe04344f48e7ca2ee5e25bf557ac88b1b769cb3
The main improvement will be a safeLock function allowing token holders to protect their tokens by hard-locking them on the smart contract for any period from 1 day and up to 2 years.

I would've also preferred that the team had used all their social media outlets and not just one channel with 1 big news. Maybe a medium/steemit report and several messages on twitter/facebook/telegram referring to it, each message with a different feature/reasoning.

yes