In an impressive move towards openness and community backing, LBank teamed up with SLERF to create and successfully launch a strategic refund initiative designed to assist users. affected by the SLERF presale issues. These exchanges are showing they're all about fostering trust and reliability by putting those with smaller deposits at the forefront of their initial refund wave.
TLDR
- LBank has put into motion a strategic reimbursement plan to aid users who were impacted by SLERF’s presale challenges, with an early focus on smaller investors.
- The main goal here is to reach as many impacted users as they can, especially those in tight financial spots, to uplift the community as much as possible.
- To ensure everything runs smoothly and to head off any potential issues, LBank is running a trial of the refund system.
- Within a single day, SLERF and LBank have impressively gathered 4,000 SOL through a donation effort to make amends for the operational missteps affecting users.
- So far, around 3,800 SOL has been refunded, with the ongoing donations continuing to support affected folks, and contributors can look forward to airdrop perks at the end of the campaign.
LBank Co-Founder Eric He They’ve rolled out a plan to fix the problems faced by impacted users. Their primary intent is to assist as many folks as they can with the current funds, all while focusing on those most financially at risk to deliver the greatest benefit to the community and ensure equity in the reimbursement process.
I’m excited to share that we’re kicking off the first batch of refunds for @Slerfsol presale affected users.
Our initial focus is on those who made smaller deposits, to make sure the funds we’ve accrued so far can help the most people possible.
We'll begin with a test run before…
— Eric He LBank (@EH_LBank) March 21, 2024
By testing the refund system in advance, LBank is taking careful steps to ensure things go off without a hitch, spotlighting their commitment to handling the refund process with diligence and efficacy.
SLERF and LBank joined forces to kick off a donation initiative, swiftly amassing close to 4,000 SOL in a mere 24 hours. On-chain information shows that about 3,800 SOL have already been released back to users, with smaller-scale investors from SLERF's first fundraising round receiving attention first.
12 Rough estimated days to restore $Slerf presale users are mended. A true testament to community action. 🌟 #Slerf @GracyBitget @HTX_Global @KuCoinFutures @JupiterExchange @LBank_Exchange @OneDex_X @bitgetglobal @HawksightCo @BingXOfficial pic.twitter.com/2sQYF1KkV5
— LUX Payband (@LuxPayband) March 21, 2024
Donation efforts remain ongoing, with contributors being assured of receiving airdrop perks post-campaign, further inspiring community involvement. The exact details of these perks are yet to be unveiled.
This refund effort comes on the heels of operational difficulties that saw all liquidity pool tokens and airdrop tokens, reserved for the project’s fundraising, exhausted, resulting in a substantial loss of liquidity from the project’s 50,000 SOL pool.
To tackle these issues, SLERF’s founder has pledged that the LBank team will work hand in hand with the community to supervise the refund process and to ensure that the founder stays distanced from any operations involving tokens.
