June 18, 2023 3:00 AM EST
The current token supply at treasury and any future token sales / cash-outs to the OilDefi.io treasury will be purchased by the creators of the project as of 6:00 PM EST July 1, 2023.
Previously a statement was issued for a June 18, 2023 deadline, however, considering “news pending” we have moved the date back to July 1, 2023.
As of writing, there are 186,131 available for re-sale.
On July 1, 2023 the creators will purchase any supply left available and will automatically purchase any future cash-outs at treasury.
The creators will then decide from time to time whether to put said tokens of any determined quantity on the market (at whatever determined premium).
This effectively caps supply as of July 1, 2023 and availability unless a token holder decides to liquidate an amount of held tokens through private means or aided via the oildefi.io treasury. If you wish to liquidate any number of tokens after July 1 please message the treasury per instructions on the contact page.
Specifically to the oildefi.io project, expect up to 45-60 days for cash-out turn around time.
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