BODAV2 Alerts

Morning all. Just posted a new X (tweet) from my account. https://x.com/billyboda/status/1697032939958378515?s=46

Really interesting thread about investing visuals. https://x.com/brianferoldi/status/1695761014891917465?s=46 I particularly liked this one.

Just sharing a tweet I posted today that I think is important for everyone to read 🤗 https://twitter.com/billyboda/status/1688391897696583680?s=46

Hey there, I hope you have been keeping well and not dealing with too much stress as we continue to ride through this bear market. Remember that we are all still here and in this journey together. If you ever need to talk to someone I am always available, as are many of our community members who are in the chat room. The good thing is that bear markets don’t last forever and the bull market will return again eventually. It’s all just part of the economic cycle. Now for a quick update on where we are with the BodaSwap upgrades. - Due to a recent Wallet Connect upgrade we had to spend some time to change everything on the new swap website to connect to the new version. It’s a lot faster and responds a lot better than the previous version of Wallet Connect, which is awesome! - We have been testing the new swap contract on the live main-net for multiple chains and as always the main-net often gives different results compared to the test-net chain results. We currently have 2 obstacles that we are working on. 1. Both PCS and Uniswap V3 Router are complete garbage compared to V2. (PCS V3 is just a copy of the Uniswap one, hence they both have the same issues). I won’t bore you with the details but we found a solution and are working on it. 2. Gas fees are expensive on ERC20, more specifically the Uniswap Router. Due to our referral fee system there is additional gas fees when processing the swap. We are working on solutions to bring the gas fees down. We don’t want our swap on ETH Chain (ERC20) have a significantly higher gas fee compared to Uniswap as it obviously won’t be good for attracting new users, but it does appear at the moment that our swap on ERC20 may be a fraction higher in gas fee because we want to have that referral system. We plan to get the gas fee on ERC20 down low enough that the referral fee earned will still be a benefit for people who trade on ERC20. As a last resort, we can create a separate contract to pool the referral fees for manual claims. This does come with additional security concerns however as all the referral funds would be stored in one place and be a target. Which would mean we will have to spend additional time on a thorough auditing of the contract and manual claim system to ensure it’s as safe as possible. A manual claim system may also deter people from using a referral code as it requires an additional step, and we know that people prefer things that are quick and effortless. Other chains have no issues with gas fees when using the referral fee, which is good news! - The Boda Lottery website has been turned off. We didn’t have any activity on the lottery for a few months. It makes sense as we are in bear market and people aren’t spending as much on these things. We do plan to have the lottery added to the new bodaswap website so everything can be in one place. - Finally, we will start to bring back the weekly buyback and burns. They will be “Mini-buybacks” each week until we launch the new BodaSwap. I will be spending $50 USD a week of my personal funds to buyback and burn BODA tokens each week. This will occur every Wednesday in AUS (Every Tuesday in USA). It will be any time of the day at random. The buyback will not be taxed, which will mean no BUSD Rewards from the buybacks but it does mean that 100% of the tokens purchased will get burned. We will do a Mega Buyback and Burn when the new Bodaswap website is launched. At the moment we have about $2000 in BUSD saved up from revenue, and about 20 Trillion BODA Tokens (approx. $4500 USD worth at current value) collected from buy & sell taxes for the manual burn. This will continue to grow every time we get a buy or sell. Your continued support and patience during this challenging bear market is truly appreciated! Knowing that you, as a holder and community member, are still here with us is what gives me the motivation to keep working on this project. So thank you 🙏💚

Just a warning about fake PeckShield accounts posting Phishing Links to Revoke. https://twitter.com/BillyBoda/status/1682266361756778497?s=20

Just sharing this for education purposes. I have seen a lot of promotions advertising the use of Metamask Bridge to swap tokens cross chain. Bridges are very expensive. Primarily due to the gas and fees required to transfer your Token A from Chain A to Token A from Chain B. In this screenshot you can see an example to swap BEP20 ETH to ERC20 ETH. Swapping 0.05 BEP20 ETH (approx. $96) to ERC20 ETH, you will receive 0.027 ERC20 ETH (approx. $54). This DOES NOT include the extra gas you will need to pay to conduct the swap. While there is a lot of hype around cross chain bridging and there are plenty of projects out there trying to capitalize on such hype, its important to Do Your Own Research and understand how cross chain bridging works. Its actually cheaper to just send your tokens to a CEX, for example BNB, and just trade your BNB to ETH on the CEX Market, then send your ETH from your CEX wallet back to your Private Wallet. Most CEXs have a trading fee of 0.1% or less. Most withdrawal fees from a CEX wallet is the same as the gas fee via private wallets. As a example, you could send $96 worth of BNB to a CEX (gas fee on BNBChain would be about 8c), trade that BNB to ETH on the CEX, then withdraw that ETH back to your wallet (as an ERC20 token) that would cost around $3-$5 in withdrawal fee depending on the gas price on the network at the time. This process will most likely leave you with $91-$92 in ETH vs. $54 in ETH you would receive from using a Cross Chain Bridge Swap.

Hey everyone, I've been posting again about BodaSwap on new listing on CMC Profile Pages. There's 20 new posts I spaced out over a couple of days. It would be really appreciated if you could like and even comment on the posts from your CMC Account. https://coinmarketcap.com/community/profile/BODAV2/ Thanks!

REALLY IMPORTANT! Please check your wallet on Ever Revoke and remove any token approvals https://v3app.everrise.com/everrevoke/ PLEASE USE EVER REVOKE TO REVOKE ANY APPROVALS

REALLY IMPORTANT! PLEASE CHECK YOUR WALLET ON EVER REVOKE APP AND REMOVE ANY APPROVALS FOR TOKENS, INCLUDING BODA. https://v3app.everrise.com/everrevoke/ AFTER A BACK AND FORTH ON SHIT FIGHT ON TWITTER WITH SAM FROM EGC, IT SEEMS THAT SOME KIND OF ATTACK IT BEING RUN ON OUR SMART CONTRACT. SMALL APPROVALS OF BODA FOR 1000 TOKENS OR LESS ARE BEING ACTIVATED SOMEHOW ON MULTIPLE WALLETS. PLEASE USE EVER REVOKE TO REVOKE ANY APPROVALS

Hey everyone, just a quick update. I’m sure many of you have seen the recent events of the SEC taking out civil lawsuits against Binance US + CEO of Binance CZ & Coinbase. This has generated a lot of fear in the markets, causing a large sell off on the crypto markets. Today there was news of CryptoDotCom closing it’s US Institution Investment component as of 21st June 2023. It is still uncertain if this will affect US retail customers as CDC operates from Singapore. There has been no news that CDC will close their US retail component of their company. This news caused more fear and another market drop. As someone who went through the crypto winter of 2019, I can say that a lot of this reminds me of the fear that was stirred over cryptocurrency during 2019 that caused markets to drop. Back then it was news about China & India banning Bitcoin (which turned out to be false information leaked by their govt. agencies), and the prospect of Bitcoin being banned by other counties such as UK & USA. This time in 2023 it seems the fear is being driven by govt. agencies like the SEC. Threatening to force regulations against crypto, but so far nothing directly tied to changing regulation is happening. At the moment it’s just been the SEC filing civil lawsuits, which does not result in changes to regulations, it only results in potential monetary fines and a damaged reputation. I want to say that it’s important to be mindful of “fake news” during these times. I’ve already seen people on Twitter make claims that “BNB will be dead if it drops below $200” or “US is banning altcoins”… these are stupid claims and just create more fear. I don’t claim to have a crystal ball and no one can tell you exactly what will happen in the future. I personally feel that this year will just be another bear market rollercoaster. A reminder that with projects like ours that are pegged against BNB, if the price of BNB falls then our token value will fall with it. For example, if BNB drops 20% in value, then our token price can drop 20% with no one selling simply because BNB price dropped. It’s important to take note of this when you are holding altcoin tokens. The same occurs on ERC20 with tokens pegged against ETH, same on Polygon with tokens pegged against MATIC, etc. On the topic of other chains, we are still working on our bodaswap smart contract for the additional chains. We have successfully managed to get our referral fee working on BNB, ETH & POLYGON. We’re working on PULSE, ARB & CRONOS at the moment. I hope everyone has a good weekend and if you have any questions or just want to have a chat about crypto or other topics, you are always welcome to come chat 😊💚