Sup Winlambo Chads!
It’s been some time since we’ve made an announcement, so here comes a big one.
WINLAMBO came out as a meme-themed Lambo Generating token. Its entire purpose was and is to fill the Lambo fund, and then reward a lucky holder once the Lambo fund has 210,000 BUSD in it.
We succeeded in that mission for the first time in June. If you’re new and haven’t read about this, take a read at https://bsctimes.com/winlambo-gives-away-its-first-lambo/
Since then, we’ve been thinking of ways to create volume so we can send out the next Lambo.
Our thought, like many other projects, was to create a game. So that’s what we’ve been working on for the past couple of months.
Although we have made some progress on the game, we’ve come to a point where there is no clear vision for the project, and there is little motivation to continue further development.
So here’s what we’re going to do!
On November 7 2021, we’re going to combine the Lambo Fund with the Weekly Jackpot fund, the Marketing fund, and the Liquidity Pool.
That comes out to about 150,000–200,000 BUSD!
Then we’re going to distribute those rewards to all remaining Winlambo holders proportionally, based on how much they hold.
This ensures that all of our holders get a piece of the Lambo Fund based on the size of their Winlambo investment.
We think this is the fairest way to get everyone a return on their investment.
On November 7 2021, we will remove all the liquidity in the LP pool.
We estimate that there will be 150,000 BUSD — 200,000 BUSD total of rewards.
You will not be able to sell Winlambo after November 7 2021–16:00 UTC.
Starting this week (Sunday September 26 at 16:00 UTC) we will be halting the Weekly Jackpot.
Token tax will be set to 0% after the Weekly Jackpot, estimated around Sunday September 26 at 16:10 UTC.
So users will be able to buy/sell/transfer Winlambo for 0% fees.
This way, whoever wants to exit the project can exit, and whoever wants to stay for the rewards distribution can stay.
The rewards will be distributed through the Claim Portal on https://winlambo.fund shortly after.
We will keep the Telegram group open for 3 months after the rewards distribution in case people have any questions.
After that, the project will be shut down.
However, the site will stay up until May for people to claim through the UI of the claim portal.
The Claim contract will stay up forever for any late users to claim from directly.
The main focus of the project was to give out Lambos in true crypto meme fashion. We’re happy to have been able to do that even if just once!
We thank you all for joining us on this journey, and we wish you all the best in your future crypto investments! Keep chasing those Lambos!
TLDR;
1. The past 4 months have been amazing, but we are at a point where we have to liquidate the project.
2. You’re not rekt, read more.
3. Sunday September 26 2021 will be the final Weekly Jackpot.
4. Token tax will be set to 0% after the Weekly Jackpot, estimated around Sunday September 26 at 16:10 UTC. You will be able to buy/sell/transfer Winlambo for 0% tax.
5. On November 7 2021, the Lambo Fund, Weekly Fund, Marketing Fund, and Liquidity Pool will be combined. This will amount to 150,000 to 200,000 BUSD depending on how much BNB is in the Liquidity Pool at the time.
6. On November 7 2021, after liquidity is removed, Winlambo Holders will receive BUSD rewards in the Claim Portal on https://winlambo.fund based on how much Winlambo they’re still holding.
7. The Telegram group will remain open for 3 months after in case there are any questions. The website will stay up until May so that remaining holders can claim through the UI. The Claim Contract will remain on the blockchain forever for anyone claiming their rewards later than May 2022.
8. All the locked Winlambo (386.6M of it) will be burned.
9. All the Winlambo from the liquidity pool will be burned.
10. We think this is the fairest way for holders to get a return on their investment, based on their investment size.
11. The main focus of the project was to give out Lambos in true crypto meme fashion. We’re happy to have been able to do that even if just once! Thank you for participating!
Disclaimer
WINLAMBO is beta software. Use at your own risk.
WINLAMBO is not available to players in the United States.
WINLAMBO is a Defi experiment. The WINLAMBO token carries no intrinsic financial value and does not pretend otherwise.
WINLAMBO contracts have not been audited yet, however our team contributors and developers have made reasonable efforts to ensure the protocols integrity through rigorous testing and collaboration, as well as, by developing WINLAMBO using battle-tested code.
Any person or entity who chooses to engage with the WINLAMBO and associated contracts are doing so completely at their own risk.
The WINLAMBO developmental roadmap aspirational and delivery (or non-delivery) of these objectives is entirely at the teams sole discretion.
To facilitate faster development and improvements, the WINLAMBO team will remain anonymous in line with Defi industry practice.
The WINLAMBO team and community will not be liable in any way for financial losses incurred due to your use of WINLAMBO platform or WINLAMBO token.
Please perform your own due diligence and thorough research on WINLAMBO and the other protocols before taking any action.
