Liquidity Lock Extended

Solomondefi
1 min readAug 16, 2021

The liquidity lock has The details on Unicrypt can be verified here: https://app.unicrypt.network/amm/uni-v2/pair/0xF9fDD3a82566CBaF5dD3D3094d8DD9AAA72A1C36

https://app.unicrypt.network/amm/uni-v2/pair/0xF9fDD3a82566CBaF5dD3D3094d8DD9AAA72A1C36

The new unlock date will be 12/02/2022 to allow time for further development on the project. A portion of the funds will be used to fund this extended timeline, with 65% of the original locked funds relocked (1% again has gone to Unicrypt as the locking fee).

With the extended timeline, the team is fully confident that the Solomon plugin will deliver the full features described in the white paper and will be ready for use by merchant partners. The current strategy is to launch a major marketing effort to support merchants for the holiday season. We believe focusing our marketing efforts for this event will yield the most return and momentum versus launching the plugin earlier in the fall.

Development continues to progress on the plugin with all updates accessible via our documentation site here: https://solomondefi.github.io/docs/. The team is actively working on merchant partnerships and will announce these upon launch as well.

Thank you for your continued support and we are excited to deliver the future of cryptocurrency payments.

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Solomondefi

Decentralized Ecommerce (DeCom) for the DeFi Era.