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After an extraordinary liquidation of funds carried out by the company Kuailian in which a little more than 77% of the old users decided to keep their funds and ratify their commitment to the company, on March 29, the assembly of the pool in the new instance began in an effective way in which the 72% of the old capital was transferred in coins Polkadot, Cardano and Tron. All the currencies in the pool were changed to the 3 mentioned to end the settlement requests made by the users who made the decision to leave the platform and withdraw their funds.
Let us remember that said settlement was born from the amount of false news that circulated on social networks and web pages, discrediting the reliability of the company, which has managed to deny all the accusations successfully by carrying out said settlement to start again with users who really believe in the project and transcend new limits of trust by showing the benefits of their technology by carrying out a Sandbox (isolated environment) to receive validation from an external company.
How was the process to unmount and mount the pool in the new instance?
In early March prior to the already established decision to establish a new pool, the Kuailian team with a team of over 25 people was able to manually carry out an effective fund dismantling process by changing all the pools. platform coins to Tron, Cardano and Polkadot or which gave a total sum of approximately $ 80 million. Below you can see the wallets these funds were sent to.
- Polkadot (DOT) Address: 12MjKtpTheYmLKpnVHE7K55r8scspjNwPybCnZN5mUaCgb5S
- Cardano (ADA) Address: addr1qy07ksgzgk2mets5pzhjdg340z8j323fdtgpnr9ykxkk9ecladqsy3v4hjhpgz90y63r27y09z4zj6k srxx2fvddvtnsknvwpm
It should be noted that from March 21 to March 28, the settlement of the funds was carried out for many users, in which it could be shown that the vast majority decided to continue with their investments in the platform. Once the period established for the settlement request is closed just over 72% of the remaining money was transferred to the new instance as mentioned in the Tron, Cardano and Polkadot coins to start a new dynamic in which daily payments can be received and continue with the normal operation of the platform.
These returns should gradually increase since a part of the capital does not add to the compound interest of the platform but the team of Kuailian estimate that it will take from 30 or 45 days to regain profitability capacity and conclude the mounting system in the new pool since the number of transactions required is
pretty big. 70% of the pool will be visible through the monitoring tools as indicated by its CEO David Ruiz de León on his official YouTube channel, since this 70% is the one with high liquidity, and he mentioned that the low liquidity will also be visible to the public but certain adjustments will have to be made and it will take a little longer to be done.
To end
The capacity that the company has shown in recent months from the hand of its CEO David Ruiz de León, who has been in charge of the project for 2 and a half years is demonstrating what Kuailian is capable of offering its users by executing the assembly of the pool in the new instance as it opens up a range of possibilities for sustainable growth in which everything It will also depend on the performance that the Sandbox can show and thus open its technology to the world. If you want to know more about Kuailian, I recommend you visit its official page and social networks.
Facebook: https://www.facebook.com/kuailiandpofficial/
Instagram: https://www.instagram.com/kuailiandpofficial/
Youtube: h ttps://www.youtube.com/channel/UCfQBX3g_0E5n4-vIiEE6siA
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