We stayed out of the discussion for a while, considering we were missing information to consider fully our involvement with the project.
We now decided to withdraw fully !
FrenchXCore validator will be sunset as of today (with absolutely no impact on delegators). Please do not expect any vote from FrenchXValidator (there’s no point in voting, really, since many decisions were taken without any vote).
I’d like to thank the community for the nice exchanges in the past.
The validator must be proactive. Embrace this in the new management mode. It can be compared to a bank branch: if it doesn’t work effectively with clients, then it is inefficient and closes.
Everyone has free will, I am interested to see how many will support the projects on Eth.
As a note - not that I think this will matter to some; But my support will still stand - in a new governance model I will maintain the same power of stake in the Eco-system.
I have faith the new Ai plan will bring us new fruit.
Really sad to hear this… and considering the time, effort and support you put into this project, not getting any reply on this makes me even sadder…
Think many of us are thinking about the line LKYBOB wrote “I have faith the new Ai plan will bring us new fruit.”… Still wondering when we get to see some fruit… a lot was promised in the past.. but no fruits were harvested!!!
The project made first time ever seen products - presented them successfully - launched everything they set out to do, they didn’t get the support required and luck didn’t swing our way, people support it because of belief their genuine and see a potential, failure swings both ways - success relies on support - poor support base yields poor growth.
I see more support posts in the last few months, then I have seen over the last 4 years previous.
it’s not products that’s ever given me doubts about supporting these projects.
Stop of rewards and a new era - the high percentage of inflation from block rewards (staking rewards) was pressuring the $PUNDIAI market, causing constant sell pressure and lowering the price. Indeed, in PoS chains like Pundi AIFX Omnilayer, such rewards often lead to supply inflation — validators and stakers sell the received tokens, without developing the ecosystem as a whole in any way, to cover expenses or lock in profits, which “kills” the price in the long term, especially if the emission is high (up to 10-20% annually in similar projects). There remains hope that in the new model, the development team will take into account all these shortcomings.
The return % is set by the Quantity of people delegating to the governance model, the high % is the candy that brings people in to govern the network, On Ethereum there will be access to a far greater quantity of holders, when there are more holders staked to that governance model this automatically lowers the % available to network governors as more join to earn. past trade values diminished because Exchanges didn’t want to support the chains intricacy’s; made our trade & holder life harder - and the Hack of FX swap contract, lets not forget the real reason the value is less today!. not mentioning those smart enough to pull profit in 2021/22 when the ATH price was in as PUNDIAI the coin would of been equal to $230 which is far from any failure!, much of this is resolved automatically when we go back to Eth. our small supply will now sort everything else out if we re-gain traction.
The main thing is to come up with and set up a mechanism to reach as many people as possible; simply posting a link to the forum or on Twitter every six months is not enough.
Official and public people of the company should not be afraid to speak on big stages at major forums that take place every month in different parts of the world.
This will take 21 days, no less, they will show up; I did mine recently, try doing updates, restart the device or refresh the app usually that will be enough the make the coin show if it’s back. but your not going to see it until after the 21 days after the Un-delegating.
I did an undelegation now for pundiai and it wasn’t 0 fee, wasn’t supposed to be 0 fee, or it was not ment to be for undelegation that 0 fee, or that last proposal was for something else?
yes everything on Pundi chains, all coins need to exit to Eth network off of Pundi X Chain & PUNDI AIFX network. Obviously they couldn’t do zero fee’s not that their big enough to fuss about unless you have nothing worth moving.
Less then 2 or 5% of the supply in either network are left on the network, It’s anyone’s guess who’s that is, they will have a presence to maintain network control until it’s closed 1st of march.
I emailed support; however, I have not heard back yet: I completed an undelegation on February 9th with the stated 21-day unbonding period. The app currently shows:
• Completion date: March 2nd
• 20 days remaining
Based on 21 days from February 9th, the release should fall on March 1st, which is the program deadline. I wanted to check whether the system is calculating 21 full 24-hour cycles from the exact UTC timestamp rather than calendar days.
Could you please confirm:
How the 21-day period is counted, and
Whether this undelegation will be considered eligible by March 1st, or if any review is possible?