ParaState · STATE to DVT CONVERSION UPDATE — Republic

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<p style="text-align: left;"><img src="https://uploads.republic.com/p/images/attachments/original/000/121/544/121544-1708963988-1d42ce7a7ba728bac525b565289403830711b39d.png" class="fr-fic fr-dib" style="width: 437px;"></p><p><strong>If you have NOT yet CLAIMED, UNSTAKED, or CONVERTED your </strong><strong>$STATE</strong><strong> tokens, this message is for you! <br></strong>----------------<br>The conversion website<code><br>https://conversion.parastate.io </code><br>has been decommissioned.<br>----------------<br>However, after further review, more than 4% of tokens in circulation are still not claimed from the original sale on Republic and private backers.<br>----------------<br>Therefore, the team has decided to develop a swap smart contract <strong>AFTER MAINNET LAUNCH</strong> that will allow users to swap their $STATE for $DVT at the same 10:1 conversion ratio.<br>----------------<br>If you still have not <strong>claimed</strong> your $STATE, you can do so here: <a href="https://claim.parastate.io/" target="_blank" title="https://claim.parastate.io/" rel="nofollow"><strong>https://claim.parastate.io/</strong></a>. If you have $STATE in your wallet now, please wait for the announcement about the swap contract <strong>after</strong> SafeStake's mainnet launch.<br>----------------<br>Thank you for your continued support!</p>

Feb 27

2024

STATE to DVT CONVERSION UPDATE

If you have NOT yet CLAIMED, UNSTAKED, or CONVERTED your $STATE tokens, this message is for you!
----------------
The conversion websitehttps://conversion.parastate.io
has been decommissioned.
----------------
However, after further review, more than 4% of tokens in circulation are still not claimed from the original sale on Republic and private backers.
----------------
Therefore, the team has decided to develop a swap smart contract AFTER MAINNET LAUNCH that will allow users to swap their $STATE for $DVT at the same 10:1 conversion ratio.
----------------
If you still have not claimed your $STATE, you can do so here: https://claim.parastate.io/. If you have $STATE in your wallet now, please wait for the announcement about the swap contract after SafeStake's mainnet launch.
----------------
Thank you for your continued support!

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2 years ago

any news about that swat smart contract

@wills-coret Hi Wills, As mentioned earlier, the swap smart contract is planned for release following the mainnet launch. With our Private Mainnet launch approaching at the end of August, its release is imminent.

2 years ago

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2 years ago

Hi, I collected the states and now I have them in my wallet and I did all the procedure described but I can't find the dvt.

@diego-pili Hello. Please join the conversation on Discord here: discord.gg/rBCWp6sj If you have state tokens in your wallet, you will need to wait until we develop a swap smart contract for future state > dvt conversions after mainnet launch.

Join the SafeStake Discord Server!

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Medium

2 years ago

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2 years ago

Its my understanding that we were given $STATE tokens for our investment, in place of shares, as would be the case if Parastate was a non-crypto company here on @Republic. Am I now to understand that were are being coerced into exchanging our shares, for different shares, at a rate of 1 share for every 10?
Can we get a representative from @Republic to weigh on whether this practice is in line with their terms of use?

2 years ago

A $500 investment is now with less than $40. Well done!

2 years ago

I don't understant what to do to claim my $state. it seems like the link doesn't work. is it possible to get a help ?

View 2 more replies

@wills-coret It seems like they don't care. I still don't have my DVT and they don't respond...

2 years ago

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2 years ago

@phil-ki yeah, I already asked the same question a few months ago, without answer

2 years ago

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2 years ago

@phil-ki @wills-coret Please join Discord server where we have established a channel specifically for state > dvt conversions discord.gg/95c3DbZE2U Essentially, a new swap contract will be developed post mainnet launch that will allow you to convert.

Join the SafeStake Discord Server!

Check out the SafeStake community on Discord - hang out with 3440 other membe... Read more »

2 years ago

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2 years ago

@chris-isaac do I have to connect my wallet in discord

2 years ago

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2 years ago

@chris-isaac I've try to connect my wallet to collab.land, and I have this message : NotFoundError
404 Slug rYtH3AttuNeulyoh not found.
code: [object Object]
details: [object Object]

Home | Collab.Land

Collab.Land is a user-friendly, tokenized, community-management system. Our s... Read more »

Medium

2 years ago

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2 years ago

2 years ago

I have issues claiming the tokens. If I enter the app it says I have withdrawn the tokens, but I didn't receive anything. I already send several messages but I don't got any reply so far :(

@phil-ki Did you import the DVT token contract address into your wallet? That contract address is 0x29FA1fee0F4F0Ab0e36eF7Ab8d7a35439eC6be75 You should import custom token with this address, DVT as symbol and 18 decimals. The tokens should appear in your wallet if you have claimed them from the claim site.

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2 years ago

My fundamental question is why you had converted $STATE to $DVT? What has been your motivation?

@takashi-sengoku The ParaState project pivoted to SafeStake and the state token was no longer relevant. New DVT token supply was reduced by 10x.

2 years ago

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2 years ago

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