Dear DeFiat community,

January was a crazy month for us. As we are finalizing Anystake, the project got hit with a Twitter and Medium hack. The core of the hack was an email address we had been using and sharing with a core-founder. This founder decided to go rogue and locked us out of our accounts (as well as stole some marketing funds).
The good news is that our fellow team member has been kicked out of the project. The even better news is that this person had absolutely built NOTHING for the project since its inception.

Snakes don’t build. …


Note: This story was originally published mid-December. This is a republication following our Twitter & Medium hacks.

Dear DeFiat community,

Today is an important day for DeFiat. It’s the day we release the Anystake Rewards Model. AnyStake will be the core DeFi offering from DeFiat and has been in the works since the token was released back in August. It is now finally taking shape and form.

As a reminder, DeFiat’s AnyStake protocol allows users to stake (almost) any ERC20 token and earn interest on their tokens. The spot price of the staked token will be used to add to the USD staking balance of each user at the moment of the staking. …


Over the past weeks, we have compiled and graded the bounty submissions.
Today we would like to publicly announce winners of our Anystake Bounty campaign!

It was hard to find ONE winner… we had to pick TWO…and to do this we increased the amount of DFT rewards in the process!

The users mentioned have been chosen as the top submission for the content campaigns and they will be rewarded handsomely for their dedication to our community!

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And the winners are…

1st place @Bitillionaire_ !

During the campaign, he made over 50 submissions! He’s one of our preferred member in the tg. Great guy, always pushing DeFiat, it’s really no surprise to see him wining.
You guys should all follow him on Twitter, he deserves that!


(Note: This is a former post that had disappeared following out Marketing account hack)

Dear DeFiat community,

Today is an important day for DeFiat. It’s the day we release the Anystake Rewards Model. AnyStake will be the core DeFi offering from DeFiat and has been in the works since the token was released back in August. It is now finally taking shape and form.

As a reminder, DeFiat’s AnyStake protocol allows users to stake (almost) any ERC20 token and earn interest on their tokens. The spot price of the staked token will be used to add to the USD staking balance of each user at the moment of the staking. …


(Note: This is a former post that had disappeared following out Marketing account hack)

Hi guys,

just a VERY IMPORTANT reminder: Please UNSTAKE from the pools.

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Deadline is the 15th of JAN.

After this date the team will recover tokens from the contracts to create a new reserve that will be poured into AnyStake as the pre-loaded reward.
As a result, anything not UNSTAKED before the 15th of JAN will be lost. (that includes your rewards AND your stake)

Reminder: AnyStake rewards come from trading fees AND this pre-loaded rewards, making sure that even if the trading volumes drop the staking rewards remain pseudo-constant)

As a result, please UNSTAKE from all the farms (Dungeon, Laboratory and Palace) before the 15th of January. …


(Note: This is a former post that had disappeared following out Marketing account hack)

Dear DeFiat community,

Christmas is just around the corner and we want to put a smile on your face at the end of this challenging year!

As most of you requested, we need more marketing and more engagement with the community at the dawn of AnyStake launch.
As a result, we are launching a Bounty DFT Campaign and giving away 1,500 DFT tokens to reward our supporters! …


Dear community,

Yesterday was a sad day.
An esteemed member of the team has decided to go rogue and decided to change the passwords and lock the team out of their Twitter account.

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this is not this guy

We tried to get the account back with Twitter, but unfortunately without success. We are still asking the Twitter support to CLOSE the former account.

Today, we decided to roll a NEW Twitter account.

https://twitter.com/DefiatOfficial

Nothing changes for DeFiat, besides the team structure, and we are still planning to release Anystake as soon as possible (albeit cleaning all this was a time-consuming pain).

The DeFiat core team remains the…


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Dear community,

We recently saw some unwanted interactions with the DFTP contract.
A hacker exploited a flaw in the code and managed to mint 300 DFTP (defiat POINTS) and send them to Uniswap.

https://etherscan.io/tx/0x17701b04d97f366d1e41d684c52e98f598c9248866ce6711d2d843b54981e423

The size of this “heist” remains modest (<1ETH), but it’s a great opportunity for us to show the resilience of the DFT ecosystem from such issues.

For the record: The issue was a coding flaw (@stupid here: I am 100% responsible), where a function allowing to mint 1 DFTP was left “public”.

This critical code issue needed to be mitigated.

As a result we had to respawn a new token. The new contract corrects the flaw and is available…


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Dear DeFiat holders we have got great news!!!

WHAT IS IT?
As stated in our white paper, currently the fee structure is whitelisted for exchanges such as UniSwap. This structure generates smaller fee’s while we create a sustainable economic model for DFT users. As we progressed, UniSwap was whitelisted because their system was blocking “Fee On Transaction” tokens. As a result, enabling the fee for Uniswap would have resulted in breaking the trading system making DFT un-tradeable.

Following the success of CORE, and defunct forks like ENCORE, or UniCores liquidity wrapped solution. …

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