1/ 🧵
If you bought the TNVDA presale, you just received More TNVDA directly in your walet
~45 minutes ago, @onealfa discovered a small price discrepancy in the presale price. We use systems to track the moving average of HIVE's price and since presales are priced in HIVE (what Hive-Engine order books use), presale price was set to the 1:100 peg of TNVDA (not the proper 10% discount to the peg)
Our team put our heads together and decided the best resolution is to:
- Adjust the presale price for all private presale buyers who sent HIVE/HBD to receive TNVDA in the first 24h of the sale
- Adjust the presale price for all public presale buyers who bought from the Order Books in the past 24 hours
- Adjust the order book pricing so future buyers (starting right now) are purchasing at the properly 10% discounted rate
If you bought the presale anywhere, you just received a "TNVDA Adjustment" to your wallet. This adjusts your purchase to the proper average of $1.62 per TNVD
2/🧵
The proper amount of TNVDA has now been sent to your wallet. You were supposed to be buying TNVDA at a rate of $1.62 per TNVDA (10% discount to the 1:100 NVDA:TNVDA peg) however your purchases were originally for ~$1.81
By sending this adjustment, we added TNVDA to your purchase which brings your average buy-in price to the proper level of $1.62
This accounts for the discrepancy in both the private and public sale price
You'll now see this TNVDA in your wallet
As a thank you to @onealfa, we sent him an additional 50 TNVDA from the presale. We appreciate your efforts in finding and reporting this issue to us
We rolled a fix to the presale pricing bot to ensure this doesn't happen again.
3/ 🧵
Finally, we adjusted the presale on Hive-Engine's order book (priced in HIVE) to be properly set at the $1.62 discounted price
This means that:
The additional TNVDA that was sent to each buyer of the presale came out of the sell wall (since that is where it should have come from anyway), so you will see that the total amount of TNVDA has been reduced by the exact amount sent to users = a total of 424.317 TNVDA was removed from the sell wall and sent to all the buyers of TNVDA
We pride ourselves on being onchain and fully transparent so we want to make sure everyone has all the data clearly
We appreciate your patience while we resolved this matter and now the presale can continue unimpeded
A prompt and fair solution that makes it like it never happened
Great work @leostrategy and @onealfa 👏🏽
Well done to @onealfa who noticed this and well done @leostrategy for adressing it
I just got it now.