Official Announcement: Integration of SelfKey (KEY) into the Singularity Finance (SFI) Ecosystem
Dear Singularity Finance Community,
We are pleased to announce the integration of the SelfKey (KEY) community into the Singularity Finance (SFI) ecosystem under revised terms, following thorough internal discussions and valuable community feedback. This strategic decision aligns with our mission to create value and drive innovation for all participants within the ecosystem.
Key Integration Details
● Allocation: 1.5% of the total SFI token supply will be allocated to KEY token holders.
● Conversion Rate: KEY token holders can exchange 800 KEY tokens for 1 SFI token.
● Conversion Window: The conversion will remain open for 90 days starting from the official SFI Token Launch date.
● Access Point: Conversions can only be processed on Ethereum blockchain via our secure portal: https://t.co/bT6tJl6Vyg.
This allocation will be sourced entirely from the SFI treasury, ensuring there are no changes to tokenomics or dilution of SDAO or CGV token holders.
This integration represents a synergistic opportunity, combining robust technologies and vibrant communities to advance innovative DeFi solutions. SelfKey’s identity management technology aligns seamlessly with the SFI ecosystem, introducing the potential for enhanced security features and new use cases. Additionally, SelfKey’s expansive community of over 20,600 holders significantly broadens SFI’s global reach and strengthens liquidity across our marketplace.
We are confident that this partnership will foster growth and innovation for both communities, paving the way for a more inclusive and dynamic DeFi ecosystem.
Thank you for your continued support and trust in Singularity Finance.
Sincerely,
The Singularity Finance Team