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📢 UpDates & an Announcement 📢 👋 Hello dear community Lets talk about some… ********************************* 🔥 Quick Updates 🚀 ********************************* 1 - we have boosted staking rewards so they are 50% higher. 2 - we have added 5 new algos to SuperBots 3 - Timer no longer resets on tokens staked bringing the magic of compounding to our vaults without extending the time tokens are locked. 4 - Airdrop has now been received by everyone with tokens in their UpBots wallet on the platform. Everyone else with staked amounts etc, should claim here: https://app.superbots.finance/airdrop-mbxn ********************************* ➡️ Announcement: Burn & Lock ********************************* We are currently facing a challenging situation that requires careful navigation to ensure a brighter future while minimising any negative impacts on our community. After extensive discussions and debates within our core team, and most importantly, listening to your valuable feedback, we are ready to update the tokenomics of the project. We are introducing two key measures that we believe will be welcomed by you: 1️⃣ Token Burn 🔥 We will burn 100M tokens in one go to re-adjust the supply to a level similar to that of UBXN. Additionally $MBXN will continue to be burnt with the same mechanics as before from performance fees. 2️⃣ Token Lock 🔒 We will lock a significant percentage of tokens to demonstrate our long-term commitment to the project and provide more confidence to the market. This will further restrict the circulating supply so that it grows alongside monthly active users on our platforms. Smart contracts are being created to lock up tokens as follows: 🔐 Future Incentives or Airdrops (10%): 18-month lock with 2.5% released after 6, 9, 12 and 18 months. 🔓 Liquidity for Exchanges (15%): No locks, as this would be detrimental to the growth and liquidity of $MBXN. 🔐 Founding Team (5%): 4% locked, with 2% released after 2.5 years and 2% after 5 years. 🔐 Partnerships, Marketing, and Advisors (30%): 25% locked with 5% released every 6 months for 30 months. 🔓Operational Costs & R&D (20%): No lock to ensure the project can continue to operate efficiently. All documents and references will be updated in the coming days and weeks as smart contracts go live. We invite your feedback and hope these measures are received in the same way they were created: with optimism for the future. 🚀