"Wen staking?"
"Q1 has over, but why is staking not released yet?"
We understand some of you might be frustrating as you can't put your $AVG token to work yet, mainly through staking, and we sincerely apologize for the delay.
"But why the delay? What's next?"
Let us explain🧵
2/ First of all, we would like to thank everyone for the continuous support of Avocado DAO and the project's development.💚
We planned to release $AVG staking initially within Q1 2022, which has been communicated transparently to the community.
3/ However, due to unforeseen circumstances, our contract audit was delayed.
Regarding the recent security breach on @Ronin_Network, our team had second thoughts and decided to appoint a more established and reliable Industry-Leading auditing firm to audit our staking contract.
@Ronin_Network 4/ The auditing process is lengthy nonetheless, further delaying our plan to release staking within Q1.
We believe that smart contract safety is crucial, and we take that seriously. We want to ensure everything, including the Smart Contract, is #SAFU before releasing it.
@Ronin_Network 5/We understand that we haven't done much tech release on the surface since then. Still, our team have devoted their time and energy at the back to build a sustainable community in mind. At the same time, this includes staking of $AVG, Scholarship Development, DAO Governance,etc.
@Ronin_Network 6/ If you're wondering what our staking will look like, here's a sneak peek we released recently👀
Our team is working on a set of data, tech, and partnership updates which we've constantly been releasing for the past few weeks to keep everyone in the loop.📃
@Ronin_Network 9/ We assure you that we all want the best for this project. The delays have not been purposely kept a secret.
We knew there was a chance of this happening, but we are doing everything we can. There are many obstacles, and we try to overcome them.
@Ronin_Network 10/ We have zero intent to keep everyone in the dark or delay things, and we apologize if any update was not posted earlier or not communicated efficiently :(
@Ronin_Network 11/ Our current goal is to release staking in May, even with the delay!
We will have more visibility on this, and a more detailed roadmap will be posted soon.🥑
Be sure to follow our social media for any latest updates!🐦 linktr.ee/avocadodao
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