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New CA! Thanks for helping me! @King_Memento
CA : CLetpbFMMrpZSnGJf2HJTFCFt3wnV1AaRMC6q4ajZTvC
Nederlands
qSAFE
43 posts
qSAFE
@qSAFEprotocol
Built for safer transactions after the quantum computing era.
Inscrit le Mart 2026
0 Abonnements108 Abonnés
@qSAFEprotocol hahahahahahahahha OMG bro u had to airdrop it, not burn it hahahahahahahahha OMG bro OMG.
Nederlands
@qSAFEprotocol How do holders of the old CA exchange their tokens for the new CA? What do they need to do?
English
I had no choice. With users burning 0.02 SOL on every test signature they sent, building a sustainable ecosystem wasn't possible without this move.
The LP is currently locked, and I've implemented a programmatic transfer system that calculates each existing holder's losses and distributes fees accordingly. Tier 1 RPC is distributing to every holder in sequence, and computing the loss for each holder takes time.
Every single TX needs to be analyzed. I'm back-calculating all transactions on our token, pulling pool SOL amounts at each point in time via WS, and crunching the numbers. That's what's taking 3 hours.
If your losses were significant, I'm genuinely sorry. This is the best I could do.
English
We came to the conclusion that, without a fundamental update to the Solana blockchain itself, relying on fee incentives from the existing token made it extremely difficult to build a self-sustaining ecosystem through the native program without additional incentive mechanisms. In other words, simply running the program was effectively a negative-incentive situation.
This was an unavoidable decision in order to create a working flywheel structure, where users are actually incentivized through real usage, by leveraging a customizable token program with improved mechanics.
RaFa@Raphypr
@qSAFEprotocol @King_Memento What was the main reason to launch a new token?
English
@King_Memento Please give us some time to handle the distribution.
Manually distributing the new tokens to everyone isn't feasible, but we'll get them out to all holders as fast as possible.
English
We've completed the snapshot and saved all holders' public keys along with their proportional shares.
In addition to the dev allocation, we'll be buying back fees generated post-migration and redistributing that supply proportionally to holders.
Token distribution will be completed within 3 hours! (Taking a bit longer due to RPC issues.)
CryptoShanks@shanks18969
@qSAFEprotocol how will be the distribution process?
English
@qSAFEprotocol buddy, we need a TG if ur seriously gonna build this now ;)
(and no more token changes please the trenches dont forgive), there would have been better ways to go about it but if u say snapshot was taken ok fine, but with a TG we could have made our suggestions ;)
English
Here's the new CA !
QHhJPMkZZP1dMnPb69debC6tCZhAiWxLXS37ECZSAFE
The program is also getting redeployed! Hang tight for a bit.
qSAFE@qSAFEprotocol
Here's where we stand on a few important fronts. First, off-chain validators are a necessity right now. Running on-chain verification at full-scale metrics would demand fundamental improvements to the chain itself, something that's beyond what's realistic for a project of our size. Second, to incentivize off-chain validators while building out our ecosystem independently, the only viable path forward seems to be leveraging Meteora's system to structure our chain program in a programmatic way. Third, existing holders will be rewarded with a proportional share based on their LP holdings. Fourth, the new token's CA will end in "SAFE". This is intentional, to avoid any confusion with other tokens out there. And finally, the snapshot is already complete. compensations will be distributed through a portion of the LP share along with the DEV allocation, so please don't worry.
English
Here's where we stand on a few important fronts.
First, off-chain validators are a necessity right now. Running on-chain verification at full-scale metrics would demand fundamental improvements to the chain itself, something that's beyond what's realistic for a project of our size.
Second, to incentivize off-chain validators while building out our ecosystem independently, the only viable path forward seems to be leveraging Meteora's system to structure our chain program in a programmatic way.
Third, existing holders will be rewarded with a proportional share based on their LP holdings.
Fourth, the new token's CA will end in "SAFE". This is intentional, to avoid any confusion with other tokens out there.
And finally, the snapshot is already complete. compensations will be distributed through a portion of the LP share along with the DEV allocation, so please don't worry.
English
