DeFireX strategy in unlocking users’ funds issue

DeFireX
1 min readJun 24, 2021

The DeFireX team is holding a campaign to unlock user funds on Venus smart contracts. We ask users not to FUD, but to show as active participation as possible.

DeFireX Roadmap for Unlocking Funds

1) We gonna audit the proposal for Venus in a large-scale company.

Preference is given to companies that have already audited the Venus protocol. This step is necessary to ensure that the proposed code is safe and does not affect Venus protocol’ performance.

Timeline: from 2 weeks to 1.5 months (depending on auditors’ workload)

2) Prepare a 600K XVS collection campaign to create and vote for a proposal for Venus.

DeFireX sets aside a budget of $300K to $900K to reward users who delegate votes for our proposal.

Timeline: 2 weeks

3) Spreading out the information about the proposal to release funds in major media and other information sources in order to maximize audience coverage.

The team plans to deploy a global media campaign in order to attract as much attention to the issue as possible, as well as to attract the maximum number of XVS holders.

Timeline: 2 weeks

We thank users for trusting DeFireX.

We hope for your help in covering the problem!

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DeFireX

DeFireX — the most profitable and relieble Yield Farming in DAI, ETH, USDC / protocol-based Compound