With the official announcement of our engagement with Blockchain Foundry for the LODE System design and the token development, we are excited to release to the community the official schedule for the LODE Token Generation Event (TGE) on December 12th, 2018. Over the next six weeks, as we prepare for this event, LODE will be releasing instructional and informational content to guarantee the safe delivery of the tokens to your Syscoin enabled wallets.
As we lead up to the LODE TGE, it is important to note the following key dates:
Instructions for the wallet download and set-up will be sent out no later than December 1, 2018;
Between November 30 and December 12, 2018, the LODE vaults will be audited and readied for tokenization;
All silver delivered and vaulted by November 30, 2018, will be tokenized and delivered to wallets on December 12, 2018. For all silver received in the vaults after November 30, 2018, tokenization will occur in a timely manner and
During the TGE, LODE members are invited to continue contributing to the vaults.
LODE members are invited to send any questions regarding the TGE to firstname.lastname@example.org
On January 7, 2019, a list of participating exchanges will be released to the community. Members that wish to exchange LODE Tokens will be invited to open accounts with those exchanges. Peer-to-peer transactions for the LODE Token will be enabled on participating exchanges on January 23, 2019. At this time, you will be able to exchange LODE Tokens on a free market exchange rate, and the current LODE Token exchange rate model, as published in the LODE Community Terms of Service, will cease. Further information regarding the delivery of silver to the vaults will be released near the January 23rd date.
This is a very exciting time for the entire LODE Community as you take this monumental next step in fulfilling the Plan of Arrangement and the mandate of Restoring Silver to the Monetary System. Congratulations to all members of the LODE Community you have made your dream a reality!
Stay tuned to this channel for announcements on the upcoming release of AGX Coin – Timeless, Silver, Money!