Pencil Protocol Resumes DAPP Token Sale After Server Outages

IconCryptoNewsTerminal Staff19 Sep, 2024

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Pencil Protocol Resumes DAPP Token Sale After Server Outages

Pencil Protocol Resumes Public Token Sale After Temporary Server Downtime Pencil Protocol (DAPP), a decentralized finance (DeFi) project based on the Ethereum Layer 2 network Scroll, has announced the resumption of its DAPP token public sale, following a brief server outage. The outage occurred due to a sudden surge in traffic after the launch of the public sale, causing the server to become temporarily unavailable. To compensate for the inconvenience, Pencil Protocol has introduced a program to reward early buyers. The first 1,000 buyers after the resumption of the sale will receive an additional 5% of DAPP tokens equivalent to their purchase amount. Additionally, buyers within the first 48 hours will receive an extra 3% of DAPP tokens. "We regret the temporary downtime and appreciate the patience and understanding of our community," said a Pencil Protocol spokesperson. "We have taken steps to ensure that such issues do not occur in the future." The DAPP token sale is a key milestone for Pencil Protocol, providing access to its DeFi ecosystem and unlocking the potential for innovative financial applications. The project aims to empower users with greater control over their assets and financial transactions. With the server outages resolved and compensation measures in place, Pencil Protocol looks forward to a successful continuation of its public token sale and the growth of its DeFi ecosystem.