Splassive had suffered an exploit about 2 weeks ago. The team behind splassive had stopped all trading and it was mentioned that they would relaunch with a new contract to remove all possible exploits.
The team had estimated the starting listing price around $7 to $12 after finalising liquidity. This is really considered much lower than its original price before the attack.
There could be a possible pump but there could also be a possible test of how much investors can still trust this protocol after the breach of its previous contract.
There is supposed to be a stealth launch on 16 April 2022 on Saturday. We were told that we would get to know about the website relaunched via telegram and twitter.
Those who have splassive V1 tokens can swap to splassive V2 tokens. Those who had staked in splassive would have their info transferred to the new contract.
If you are interested to take a bet on Splassive after its relaunched, you can use the below simple guide that is based on its previous website.
Setup your metamask for AVAX network
Below is an article from AVAX on how to set up your metamask for AVAX network
https://support.avax.network/en/articles/4626956-how-do-i-set-up-metamask-on-avalanche
Do note that you need to send AVAX token to your metamask for gas. Some exchanges label the network under AVAX C.
Visit Splassive Website.
https://splassive.com
Get some Splash tokens from ‘The Well’ which is the internal exchange of the Splassive platform.
Next head to ‘The Tap’ which is the staking pool.
Before staking, you need a Wave Starter Address(Like the Buddy Address of Drip).
You can use my Wave Starter Address below.
0xE67ac4D724093FEa5882A5167aA79cEE57aa747b
After you have updated the Wave Starter Address, you can approve the amount of tokens that you are going to stake. The last thing to do is the deposit your tokens and start earning 2% daily income. (Do note that there is a 10% deposit tax)
Do remember that it is a high-risk investment.
Thanks for taking time to read my article.
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.
