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4/4 The SEC’s investigation is ongoing and, at this time, we are unable to predict what the ultimate timing or outcome of the SEC investigation may be. To read our full statement please refer to our Telegram Announcement Channel:https://t.me/DMMAnnouncements …
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3/4 We are developing a plan to return all available DMG assets to DMG holders as soon as possible. As of right now, there is no token redemption program active. We will post through our usual social media channels and website once a redemption program is ready to be disclosed.
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2/4 The subpoena requested information about the mTokens, DMG tokens, and other details surrounding DMMF’s operations and governance. With the assistance of counsel began complying with the legal requirement to produce documents and make other information available to the SEC.
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1/4 In response to recent questions from our community, we are providing additional information about the decision to wind-down the project. On Dec. 15, 2020, DMM received an investigative subpoena from the United States Securities and Exchange Commission (SEC).
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DMM regrets the necessity of this action and would like to thank the DMM community for its support and active participation in this project.
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As a result of regulatory inquiries, DMM is ceasing operations. mTokens can be redeemed with interest accrued to-date through the following link:https://app.defimoneymarket.com/
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The old proposal, which can be seen here: http://dao.defimoneymarket.com/governance/proposals/13 …, will be left to expire, which occurs 14 days after it was allowed to be executed.
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#DMM Community: We found an ordering bug with the sequential actions that occur when a proposal is executed, which disallows our most recent one to be completed We have created a new proposal that fixes this bug, but we need your help casting your vote!
http://dao.defimoneymarket.com/governance/proposals/14 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
#DMM gives you the chance to win 1,000$DMG!!
Don’t forget to participate in our t-shirt contest. You’ll be able to vote on your favorite design!
Submit your proposal today
https://forms.gle/vRo7vWcJHZQ4NcXp7 …pic.twitter.com/5XvsFBPUaK
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Principal and Affiliate Members play an essential role in the expansion of the
#DMM Ecosystem. Their main responsibility is introducing real-world assets that ensure DMM's guaranteed 6.25% APR. Want to learn more? Go watch our new video!
https://youtu.be/olsL4LVVqEc pic.twitter.com/tfHPlDx9sbThanks. Twitter will use this to make your timeline better. UndoUndo -
DMM Community, Greg is feeling under the weather... we will be reprogramming today’s AMA, but please keep your questions coming!! Stay tuned - New date coming soon!pic.twitter.com/LJGmebemgI
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(2/2)
Allow other smart contracts to vote on your behalf which could be used for distributing voting rewards, allow other contracts to vote for you, and other benefits.
Head to the #DMM Governance Dashboard to learn more and submit your vote today!
http://dao.defimoneymarket.com/governance/proposals/13 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
(1/2)
$DMG Holders get ready to vote!
We have added a proposal on the #DMM DAO to:
Allow users to vote using staked $DMG in the NFT contract.
Activate Asset Introducers withdrawal rights, once approved individually by the DAO.pic.twitter.com/wxHYlHjTqbShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
We are more than excited to share that we have successfully added a
$WBTC mToken Pair to the#DMM Ecosystem! Users are now able to maintain long price exposure to WBTC while collecting a steady 6.25% yield on their assets. Try it out now:
http://app.defimoneymarket.com pic.twitter.com/yNTvVfKUnUThanks. Twitter will use this to make your timeline better. UndoUndo -
Make us look cool
and don't forget to include the DMM Logo!! http://bit.ly/DMMLogos Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
#DMM Community: put your design skills to the test and participate in our t-shirt contest!! You'll have the opportunity to win 1,000$DMG!
Fill out the form and make sure to follow the requirements!! You have until Jan. 30 to participate!
https://forms.gle/vRo7vWcJHZQ4NcXp7 …pic.twitter.com/79gkrncuNF
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Tune in on this week’s
#AMA with@GregoryKeough! Definitely not one to miss!
Thursday, January 21st
11:00 AM EST
Live on Youtube & Twitter
Ask your questions below and we'll stream the answers live!pic.twitter.com/Fes2HGoYDV
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DMM DAO Retweeted
Accumulate
#btc
, #eth &#xtz
but do EVERYTHING in your power to own a piece of the companies building this industry. The future of finance will be built by the hard work of the community and founders above all else. Ownership in them will outperform your crypto bags. Get some.pic.twitter.com/jmCmrUOwWI
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We have been working on some new features for the
#DAO site.$DMG Holders and visitors of the DAO can now:
View their profile information.
Delegate voting power to other users.
Go check it out and stay tuned, more updates are on the way!
http://dao.defimoneymarket.com/governance/proposals …pic.twitter.com/GXKhj7chmQ
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