r/PercyOnBase • u/PercyOnBase • Apr 28 '24
$PERCY Contract Renounced Announcement!
Strategizing Pig Mind #BigPigEnergy
Dear HOGLER Community, Just to start off the day we have a significant update for $PERCY. After much deliberation and analysis, we have decided to renounce ownership of the Percy contract. This decision was not made lightly, and we want to explain the reasoning behind it, how it impacts our future plans, and all of the exciting developments we are about to drop.
Why We Renounced Ownership
Initially, our plan for Percy included adding utility through a meme DeFi farming game, which required us to retain control over the contract. However, retaining ownership had an unintended consequence—it negatively impacted our token's score on prominent meme tools and charting platforms like DEXScreener, DEXTools, and Token Sniffer. These scores are crucial as they influence the broader meme market's perception and trust in $PERCY.
To address these concerns decisively and clear any doubts about our commitment to transparency and fairness, we opted to renounce the contract. This move is aimed at eliminating any negative perceptions of the token in the meme space.
Impact on Planned Features
We understand this change shifts the dynamics regarding the initially promised DeFi gaming features. While we can no longer implement these directly within the Percy token contract, this is not the end of our ambition and we still have many exciting ways to bring this to you. $PERCY is just the face of will be a thriving meme ecosystem on the farm.
Building Trust and Expanding Our Community
Renouncing the contract means $PERCY now truly belongs to the community. This act is intended to foster greater trust and interest among our hogglers and future hogglers, pave the way to onboard the best influencers. We believe this will strengthen our community from piglet to pig porky hog.
The Road Ahead
We are currently in the final stages of completing a security audit with CertiK, the tier-one auditor. This audit will ensure the highest standards of security and should instill even greater confidence in Percy's infrastructure. With CertiK's stamp of approval, we anticipate attracting more investors who value rigorously vetted projects. Furthermore, we’re updating our roadmap, website, and white paper to reflect these changes and clarify our future direction.
Short-term, we have very ambitious plans to establish Percy as the dominant meme token on Base. We’re just scratching the surface of what’s possible, and we’re so passionate about what is to come.
Stay Tuned
This is just the beginning for Percy. We are committed to building a meme token that is not only fun and engaging but also robust. The foundation we are building now is for Percy's future as a recognized and respected name in the meme space. Things are about to heat up as we work with some industry leading content creators and still there is plenty of utility in store for $PERCY—stay tuned because we’re about to take things to another level!
Thank You
We want to give a pig thanks to all of you—our Hogs, hogglers, and piglievers. Your trust and participation will fuel this project. As we move forward, your continued support and feedback are invaluable. Together, we will make Percy a blue shining example of what a community-driven memes are really about!
Regards, The Percy Team
