Rough Start - What Happened?

Winlambo
3 min readMay 17, 2021

Greetings Lambo Community!

What an interesting launch this has been… As you may know, we drove into some potholes with our initial launch.

We want to apologize to everybody who contributed to our WINLAMBO community for such a rough start, and we promise you will will do everything we can to make all of our holders whole.

What Happened —

Unfortunately, there was an issue with selling the WINLAMBO tokens. The token contract did not integrate correctly with Pancakeswap V2, so selling was not possible. Talk about a diamond handed community!

Additionally, around 125M WINLAMBO tokens (RFI fees) had accumulated in the token contract. As an attempt to fix the sell issue, we lifted the max tx limit higher. This caused the contract to sell all of its accumulated tokens at once. That’s what the big red dildo was.

The Bad —

Unfortunately this didn’t play out as we would’ve liked. The project was primed to do some serious volume and send out a Lambo in the first day! We even hit a market cap of 12M within 30 minutes of launch. However, the issue with the contract set us back quite a bit. We just want to assure everyone that this project is still alive and working hard to be back with a bulletproof V2 A.S.A.P.

The Good —

When the contract sold all of its tokens after the max tx amount was lifted, the Lambo multisig received more than $200K.

Having $200K in the multisig allows us to make the public whole. We will relaunch in a couple of days, and create a liquidity pool with portions of that fund. Then holders will be airdropped tokens equal to how many tokens they were holding right after the dump! To be clear, that would be the number of tokens they were holding as of Sunday May 16 at 20:49 UTC.

We are also giving the option to presalers to get their BNB back. If you participated in the presale, and would like your BNB back, please reach out to @gallardomod with your address and request to forfeit your allocation in exchange for your BNB. We will send you back your BNB, and distribute your WINLAMBO tokens evenly to the remaining presalers.

In Conclusion —

We’re truly sorry for the anticlimactic listing. It was banging for the first few minutes! Unfortunate the way it played out.

We will do our best to come back better and stronger! We’ll work with members of the community that are willing to double check and test our contract with us. Then we will come back for launch in a few days!

Sorry for the letdown, and thank you for your understanding and trust! We are really touched by the feedback and encouragement we’ve received from the community. And we promise we’ll do everything we can to pump out as many Lambos as humanly possible to our amazing WINLAMBO crew!

See you on the streets in a few days! ❤

Disclaimer

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.

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