
I’ve written more on the subject of August 12th than I care to recount. The Zeleboba team and I dedicated hours to trying to bring order from the chaos inflicted by one of the former Zeleboba core team members in response to one whale taking profit. In a matter of minutes, emotion-driven sells and disregard for the tenets that Zeleboba were founded on, havoc wrecked the chart. The numbers were one thing, but the level of disappointment and distrust was another. They are gone, but the damage remains. We soldier on.
A New Role
In my day to day life I serve as a high school principal. Over 12 years of my career have been dedicated to turnaround work – taking poor performing schools and guiding them to a path of success. When the crap hit the fan, I asked the remaining core team members to allow me to join the team. They welcomed me immediately. I have a chance to work with a solid team of guys; guys who want to make things right for the community.
Strategic Plan
There is no easy path to recovering lost trust and a market cap that took a 80%+ nosedive, but there wasn’t a single thought of quitting when the chaos unfolded. The Zeleboba team immediately began brainstorming how to keep our promise to holders, and almost immediately, there were talks of lessons learned from the events of the day. With a date set for a scheduled voice chat, the deadline for responding to the community’s concerns was established. The team was determined to face the challenge head on.
In a series of questions around moving forward. The team saw the newfound problem as an opportunity to make changes to the project that was restricted by the renounced contract, burned liquidity, and zero tax model.
Migrating to Arbitrum
After a lengthy discussion and a look at several chain options, the team decided that migrating to Arbitrum was best for the future of Zeleboba. This move takes the token off Binance that, while popular, carries a negative perception for investors. Ethereum was also heavily favored, however, the current fees make it a challenge to implement some of the plans for the project. With Ethereum, staking and airdrop benefits would be diminished due to fees. In Arbitrum, Zeleboba gets a faster and less expensive L2 Ethereum blockchain. The Zeleboba core team is extremely excited for the opportunity to establish Zeleboba on a rapidly growing chain.
Steps to Migration
The team took a snapshot of current wallets. Buys as of 5:00 PM EST on August 14, 2023 will not be honored. Current Zeleboba token holders will need to send all their tokens to the team wallet by 5:00 PM EST August 21, 2023. Staked tokens must be unstaked and sent to the team wallet as well.
Team Wallet:
0x7732Cd8bbcb88F018f846e20375905E8c197dF2D
Once the new contract is live, wallets will be airdropped the equivalent amount of the new ARB Zeleboba token.
The new contract will have a small buy and sell tax. The tax structure will allow the team to properly market Zeleboba and support liquidity and other development moving forward. The new tax will also deter bot activity that plagued previous buys. The contract will also have added layers of assurance, including multisig features to ensure unified team decisions.
What Will Remain
Zeleboba will continue using the current Zeleboba website and social channels. The team remains committed to delivering the ZeleTools suite, but the current roadmap may be adjusted slightly.
As the newest member of the Zeleboba core team, I can say that we are committed to bringing transparency to the community, and we thank you for sticking with ZELEnation. Please see responses to FAQs below.
FAQs
If the liquidity was burned, where will the new liquidity come from?
The team will sell all tokens received against the current contract. We are also prepared to personally add liquidity to the new contract.
Was my staked wallet captured in the snapshot?
Wallets that are 100% staked were not captured, however, the team can examine transactions in and out of the staking contract to prepare airdrops if the tokens are unstaked and sent by the deadline.
Will the 1% unstaking fee be reimbursed on the airdrop?
This is something we can account for with time. We will need to carefully examine the staking contract to remedy this.
What happens if I don’t send my tokens?
Unsent tokens will not receive an airdrop. Since the contract is renounced, we cannot halt buys and sells, but you will be essentially holding a dead token.
I don’t know anything about Arbitrum. Why did you choose this chain?
It takes us away from the woes of Binance and protects us from any lawsuits that Binance may face. We will be on a faster L2 Ethereum chain with lower fees. Arbitrum is rapidly gaining popularity. We get to be an early adopter of sorts as this network grows. On Binance we are competing with tons of projects that investors have lost the appetite for. Ethereum fees are just a bit too expensive to make our tools and ecosystem worthwhile.
What will the new taxes be?
The team has decided to withhold tax specifics for now, but the highest tax on any transaction will be no more than 5%. The new tax structure will be minimal as to not discourage buys and sells.
Geçiş Adımları
Ekip, mevcut cüzdanların anlık görüntüsünü aldı. 14 Ağustos 2023 17:00 EST itibarıyla yapılan satın almalar dikkate alınmayacaktır. Mevcut Zeleboba jeton sahiplerinin tüm jetonlarını 21 Ağustos 2023 EST 17:00’ye kadar takım cüzdanına göndermeleri gerekecektir. Stake edilmiş jetonlar da takım cüzdanına gönderilmelidir.
Takım Cüzdanı:
0x7732Cd8bbcb88F018f846e20375905E8c197dF2D
Yeni sözleşme yürürlüğe girdikten sonra, yeni ARB Zeleboba jetonuna eşdeğer miktarda airdrop alacaksınız.
Yeni sözleşmede küçük bir alış ve satış vergisi olacak. Vergi yapısı, ekibin Zeleboba’yı düzgün bir şekilde pazarlamasına ve ileriye dönük likidite ve diğer gelişmeleri desteklemesine olanak tanıyacak. Yeni vergi, önceki satın alımları rahatsız eden bot faaliyetlerini de caydıracak. Sözleşme ayrıca, birleşik ekip kararları sağlamak için çoklu imza özellikleri dahil olmak üzere ek güvence katmanlarına sahip olacak.
SSS
Likidite yandıysa yeni likidite nereden gelecek?
Ekip, mevcut sözleşmeye göre alınan tüm jetonları satacaktır. Yeni sözleşmeye kişisel olarak likidite eklemeye de hazırız.
Bahisli cüzdanım anlık görüntüde yakalandı mı?
%100 stake edilen cüzdanlar ele geçirilmedi, ancak ekip, belirteçlerin son tarihe kadar stake edilmemesi ve gönderilmemesi durumunda airdrop’ları hazırlamak için staking sözleşmesi içindeki ve dışındaki işlemleri inceleyebilir.
Airdrop’ta %1’lik staking ücreti geri ödenecek mi?
Bu zamanla açıklayabileceğimiz bir şey. Bunu düzeltmek için staking sözleşmesini dikkatlice incelememiz gerekecek.
Jetonlarımı göndermezsem ne olur?
Gönderilmeyen jetonlar bir airdrop almaz. Sözleşmeden vazgeçildiği için alım satımları durduramayız, ancak esasen ölü bir token tutuyor olacaksınız.
Arbitrum hakkında hiçbir şey bilmiyorum. Neden bu zinciri seçtiniz?
Bizi Binance’in sıkıntılarından uzaklaştırır ve Binance’in karşılaşabileceği her türlü davadan korur. Daha düşük ücretlerle daha hızlı bir L2 Ethereum zincirinde olacağız. Tahkim hızla popülerlik kazanıyor. Bu ağ büyüdükçe erken benimseyenlerden biri oluyoruz. Binance’te yatırımcıların iştahını kaybettiği tonlarca projeyle yarışıyoruz. Ethereum ücretleri, araçlarımızı ve ekosistemimizi değerli kılmak için biraz fazla pahalı.
Yeni vergiler ne olacak?
Ekip şimdilik vergi ayrıntılarını kesmeye karar verdi, ancak herhangi bir işlemdeki en yüksek vergi %5’ten fazla olmayacak. Yeni vergi yapısı, alış ve satışları caydırmayacak şekilde asgari düzeyde olacaktır.

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