XFT Token Reserves Now Locked

September 2, 2020

Team Tokens and Project Funding Have Been Time-Locked On Chain

Offshift developers today deployed four timeLock smart contracts and deposited the XFT tokens reserved for marketing & ecosystem, development, team, and staking to their new addresses.

The contracts hold the tokens in numbered lockBoxes, which unlock according to the vesting schedule in the Offshift whitepaper and pitch deck .

The contract code is available for review on the Etherscan pages below, and the lock boxes can be queried under the “Read Contract” tab to return their balance and the timestamp of their release.

The team holds in its core beliefs that transparency is vital to the success of a decentralised endeavour, and that the need for trust should be eliminated whenever possible. We’re committed to these principles and to our community , and we always appreciate the opportunity to show it.

Team Tokens | 2,000,000 XFT | Lock Transaction | Contract Code

Development Tokens | 2,250,000 XFT | Lock Transaction | Contract Code

Marketing & Ecosystem Tokens | 2,250,000 XFT | Lock Transaction | Contract Code

Staking Tokens | 1,500,000 XFT | Lock Transaction | Contract Code

About Offshift

Offshift is leading private decentralized finance (PriFi) with the world’s first Private Derivatives Platform. It leverages zero-knowledge (zk) proofs and sources reliable, real-time price feeds from Chainlink’s decentralized oracle network to enable users to mint zkAssets, an unprecedented line of fully private synthetics. Offshift’s mostly anonymous team has developed a trusted reputation for their thorough privacy research, development and execution.

To learn more and get involved, visit the links below: