Psychic Finance
2 min readFeb 23, 2021

--

Hi fellow Psychics,

First off, we would like to thank you for your patience. We know things in cryptospace moves quickly and we too have been less than pleased at our speed of progress. Nonetheless, we have had to make some internal changes to ensure we build something of value and at a quicker pace.

We would like to apologise once again for the delays and express that we too are frustrated by the lack of speed. With that comes some news that we’ve decided to terminate our current developer as he has been the main factor to these delays of almost 2 weeks which has slowed down our whole project and our roadmap goals.

With the latest delay we found it difficult to move forward with him as everything kept being postponed indefinitely and which has led us to make this decision.

Good News

Good news is that we have found a new lead developer for Psychic in the last 3 days since the weekend and will immediately be working on the new UI/UX where it was left off.

This will evidently, once again, delay the launch of the new UI/UX. This is a frustrating announcement but we are committed to this project and transparency to the Psychic community.

Special Airdrop

We have decided as a gesture of appreciation to the community for sticking with us, we would be doing a random daily snapshot of PSY token holders until the launch of the new UI/UX as part of an Early Supporters Airdrop Programme.

3000 PSY will be allocated each week until the UI/UX is launched. 50 wallets will be randomly chosen to win 60 PSY each. 7 winners will be chosen per day and 8 winners on the last day to make up these 50 wallets. This is to distribute fairly and to avoid any price dumps. We will also ensure that there will be no duplicate winners. Only 1 possible pick per unique wallet.

In the meantime we hope that our work on the Psychic yield farming pools that have been working extremely well will give you confidence that we are in this project for success in which not many projects have done so and many have ended up in rug pulls.

We hope that through this not so smooth patch, you will still have confidence in Psychic Finance as we work to accomplish and make this community a household name in the DeFi world.

Regards,

Psychic Team

--

--