***Key adjustments summarised:***
**LOWER SUPPLY**- Gone are the times of quadrillions and an countless quantity of zeros – they are going to be proportionally decreasing their provide from 1 quadrillion to 1 billion — everybody will get the very same share holding proportionally — so your holdings can be value the very same.
**REDUCED TAX-** It was identified that the present excessive tax charges have been a deterrent for a lot of new patrons — it will now been diminished right down to 10% which is especially essential since utility cash hardly ever have excessive taxes.
**REDUCED GAS FEES-** They’ve absolutely optimised most of the sensible contract options to chop fuel charges considerably making buying and selling and getting rewarded by $AUR rather more environment friendly.
**LOWER MINIMUM THRESHOLD TO RECEIVE REWARDS-** They’ve listened to investor suggestions relating to the minimal holding to obtain rewards. It will now be over 90% decrease, from what’s present 11billion to 1 billion AUR — this can be 1000 AUR on the upgraded contract.
**DYNAMIC RESPONSIVE TAX SYSTEM-** They may be capable to regulate their taxes to extend/lower rewards, advertising, buybacks based on the wants of the neighborhood.
​
https://reddit.com/hyperlink/pulylw/video/xwb5xpo9xgp71/participant
***The Migration Course of:***
All holders will mechanically be airdropped the brand new token within the following ratio with no minimal holding requirement and no restrictions (to replicate the overall provide altering):
NEW TOKEN : OLD TOKEN
1 : 1.000.000
Please observe your new holding could have precisely the identical worth as your earlier holding from after they halt transactions to after they redeploy since you’ll retain the identical share of the overall provide.
***Aurum Contract Improve:*** what I wish to know:
*Why are they relaunching once more?*
That is **not** a relaunch. Sure, they’re upgrading their Sensible Contract however all the pieces else will stay the identical — their title, branding, product developments, roadmap and so on.
*When will this be occurring?*
They’re ready upon Solidity Finance to complete auditing the brand new contract — they’ll then rearrange a brand new date for ApeSwap itemizing and deployment of the brand new contract. They may announce dates on all of their socials as soon as that is all confirmed.
*What do I must do to get the brand new token?*
Nothing — apart from add the brand new contract handle on Belief Pockets or Metamask. Bitmart holders ought to mechanically obtain the upgraded AUR of their pockets.
*Why will I get much less tokens? What’s going to my new tokens be value?*
Traders will obtain the very same share of the overall provide as they held earlier than. This implies the worth of their holdings from when Aurum cease transactions to after they redeploy on the brand new contract would be the similar .
*Why have rewards percentages been lowered?*
Excessive share rewards may be very profitable however provided that buying and selling quantity is current. Aurum strongly imagine that having decrease taxes general can be extra engaging to new buyers and generate larger web rewards general. On high of this, because of their dynamic tax system, they’ve the choice of accelerating rewards percentages as and when required (i.e. double rewards week promotions) to allow them to even have restricted durations the place they set rewards increased than they have been beforehand.
*What if you happen to change the dynamic taxes to 100%?*
Their dynamic tax system is capped at 20% – it might probably by no means go increased than this.
*Will this have an effect on Aurum Pockets improvement or launch?*
No — Aurum Pockets is being developed utterly individually and contract improve won’t have an effect on this.
*What’s occurring with the Aurum Pockets improvement?*
* Having resubmitted their newest construct to Google Internet Retailer — the Part 1 Beta of the Aurum Pockets launch is lastly upon us. Privateness Coverage and Storage Permissions have been addressed and they are going to be revealing the discharge date shortly.
* They apologize for the delays and in future won’t be setting any actual launch dates till they’re assured they will absolutely and comprehensively meet these deadlines.
* This launch can be accompanied by a Pockets Roadmap- detailing future options being included within the upcoming updates and approximate timelines.
*What’s up with the Aurum Strain Vault?*
After a sustained battle, Admonkey has taken this week’s Aurum Strain Vault high spot, incomes themselves the shopping for stress from the Gold Strain Vault and the highest featured spot on the *Rewards dashboard.*
*How is the Internet improvement going?*
* The design of the cell model of the brand new web site is being finalised this week. The final items of web site content material are presently being written. They now have two net builders prepared to start the coding stage to react which is estimated to take round 4 weeks.
* Mock up designs of the brand new Rewards Dashboard Dapp design have been accomplished. They are going to be trying to combine this into the brand new web site.
*Are you creating extra Partnerships?*
As soon as the Solidity Finance audit of the brand new Sensible Contract is full, they’ll be capable to set an official date for ApeSwap partnership and itemizing.
They are going to be asserting the partnership they’ve with the Prime 20 mission on Monday twenty seventh September!
*Are you making ready a advertising marketing campaign?*
* They’ve ready extra press releases in Tier 1 publications, scheduled for his or her upcoming partnerships and pockets launch.
* Aurum may even be invited for an AMA inside the ApeSwap Reddit neighborhood and be featured on the ApeSwap socials (with over 150k followers).
* Additional methods and actions forward of full launch of pockets can be rolled out steadily as per final week’s AMA replace — CMC airdrop, Crypto Twitter influencers, Crypto Youtubers, giveaways and so on.
*Do you may have extra charity donations deliberate?*
After the $1000 donation to Children In Want of Defence, the following charity shortlisted for a neighborhood chosen donation can be [World Orphans](https://worldorphans.org/) added to the prevailing charities: [Sea Shepherd ](https://www.seashepherd.org.uk/)and [Direct Relief](https://www.directrelief.org/) . Voting can be undertaken on their Twitter web page this week.
***Aurum have a LIVE Twitch AMA on Tuesday twenty eighth September detailing their future partnerships, listings and Pockets launch date!***
I can be following up on Aurum very intently and preserve a eager eye on developments!
As at all times DYOR on their very own channel [https://t.me/AurOfficial](https://t.me/AurOfficial)
View Reddit by Opposite_Peanut_9923
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