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Force

@force_dao

4 Apr

POST-MORTEM

To the Force and DeFi community, we'd like to share a post-mortem on the recent xFORCE exploit.

Thanks to everyone technical and non-technical who helped along the way.

Especially to the White Hat who helped deter FORCE getting drained.

blog.forcedao.com/xforce-exploit…

1/We take responsibility for this engineering oversight and have begun processes to ensure any such incidents are mitigated in the future.

All funds on our platform are safe, only xFORCE was affected.

A total of 183 ETH (~$367K) worth of FORCE were drained and liquidated.

2/For the time being, we can only confirm that there will be a snapshot and new token.

We’ve begun internal re-structuring and will be announcing a plan over the coming days making any affected FORCE holders and LPs whole.

Here's a timeline of events...

Read 17 tweets

Force

@force_dao

3 Apr

🚀 $FORCE Launch Plan 🚀

The Force DAO airdrop launch will be implemented at 12 PM Eastern Time today, Saturday April 3rd.

Read on to learn more about our selection process, profit sharing rewards, the LP yield geyser and more! 👇

Airdrop notes:

- We expect there to be approximately 15-25 million $FORCE tokens in circulation in three weeks

- The initial airdrop is for Ethereum DeFi users only

- The airdrop for Fantom, Binance Smart Chain, xDAI, and Matic/Polygon wallets will come later this month

The airdrop will include allocations for the following groups:

Ethereum Projects: 17,750,000 FORCE
Public Beta: 2,500,000 FORCE
Light Speed: 2,000,000 FORCE

You can read up more on it here: forcedao.medium.com/force-dao-aird…

Read 10 tweets

Force

@force_dao

30 Mar

🪂 FORCE AIRDROP DETAILS 🪂

The time has come Jedi 🧙‍♂️

Force DAO is dropping the $FORCE this Saturday April 3rd!

And there's more...to celebrate, we're turning on all staking pools starting tomorrow! ♨️

Read on 👇

❓HOW IT WORKS❓

Qualifying Ethereum addresses will receive $FORCE tokens in the form of xFORCE.

This is an instant yield-generating token deposited in the FORCE profit-sharing vault.

That means xFORCE earns yield before it's even claimed!

2/9

📅 Claiming Period 📅

Recipients have 3 weeks to claim the airdrop and leave it in the profit-sharing vault or withdraw as $FORCE.

🏁Start Time: Saturday, April 3rd 12pm EST

🏁End Time: Saturday, April 24th at 12pm EST

3/9

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