We have a very important announcement to make, probably the most important one since our beginning.
We have carefully analysed the current situation of the Davor project, of lending programs, of the cryptocurrency market and of legal issues regarding lending platforms and cryptocurrencies in general.
There is no doubt for us that the DAV value has been negatively affected by our lending program because the crypto-environment has dramatically changed recently. We did everything possible to protect our platform and our amazing community.
However, DAV price still went from $180 to $0.5 in 20 days.
As a result, we have decided to change our strategy and to end our lending program that has become the only reason why DavorCoin is decreasing in value.
Most users are no longer interested in investing in lending platforms, moreover, they are increasingly concerned about legal issues.
And there is one thing we don’t want which is to offer a different service to users depending on which countries/states they are coming from.
We will release today all lending packages we have and every user will be credited in his account the number of DAV he placed in his/her lending package plus a 10% bonus.
The staking pool will work as before.
There will be certainly winners and losers in this project, as in many high-risk investments. This is also true for the whole cryptocurrency market.
Our main objective now is to bring DAV price where it should be. We are going to put our efforts in transforming DAV into a strong cryptocurrency.
We have many steps ahead that could boost the DAV value.
