The main content of the AMA speech is organized as follows:
Hello everyone, I am the Chief Operating Officer of 7Springs, and I'm very pleased to connect with all of you through this AMA.
Due to the uncertain timeline for the unfreezing of funds associated with the Aave lending pool, to ensure that the interests of investors are protected, 7Springs has decided to allocate additional funds to allow investors who have not yet reclaimed their invested principal to generate income by investing 30% of their investment amount in the minting of BULL through Bulls DAO.
Furthermore, we are actively engaging in communications through multiple channels to expedite the development of a viable solution with all parties involved, aiming for the early unfreezing of the funds related to the Aave lending pool.
Below are answers to the questions that we have collected from the market feedback to 7Springs:
1: How will the account balances of investors who have reclaimed their investment principal be handled?
We will establish an additional dividend pool to directly reward team leaders who have made contributions.
2: Will the 7Springs data reset after migrating to Bulls DAO?
The data will not reset. After the funds related to the Aave lending pool are unfrozen, normal redemption will be possible.
3: When will the migration registration begin?
It is estimated that the registration can begin in about three days, and we will try to accelerate the migration registration process as much as possible.
4: After the migration registration is completed, when will the official transfer of funds into Bulls DAO occur?
The communication with the Bulls DAO platform has essentially been achieved. However, due to 7Springs and Bulls DAO being on different chains, this creates a certain complexity in the migration of account data. After the technical integration between 7Springs and Bulls DAO is complete, funds will gradually be invested into Bulls DAO, with the expectation that all data migration will be finished in about ten days.
Lastly, if you have any further questions, you can send an email to
[email protected], or contact your community manager.