Here's Mr.Tony.

This is not a scheduled project development update report.
This is information about the decisions made and certain response measures.
Since we have chars limits for my post, please click the "Read more" link to view the full post!

Today we faced a “black swan” on the Sigen.pro exchange.
I'm talking about the fact that the so-called UMI "wall" has stopped existing today.

I can't say that NFTeam was ready for this right here and now.
After all, the GLZ/UMI pair is currently the only way to convert GLZ tokens.

As we have repeatedly said before, we cannot and do not have the right to influence the market.
However, under the circumstances of unpredictable volatility of the UMI.
I see significant risks in such a tight peg of the GLZ token to the UMI coin.

Read more: CEO Dev Diary from 25.04.2022 – Telegraph