Long Story, Short Story
A resume of the past few months
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The following news maybe not what we would have planned, but with time passing & knowledge growing the Chimpy devs came to an understanding: We couldn't do more for the community without replacing the old contracts with new ones. The reason why we did it:
→ As we have previously forked from PancakeSwap, the smart contracts did not have an option to lower the emission rate (which was too high, leading to massive inflation and the CHIMPY token price dropping). The new MasterChimpy contract has the solution for this!
→ Unsustainable APR's on low usage pools. In the new ChimpySwap version the best APR's will come mostly to the pools that people use the most, to keep them incentivized to keep on using them!
→ Everyone deserves a chance to clean up their mistakes.
Last modified 6mo ago