Dear community,.
23 May 2022, 13:44
Dear community,
As you might know, we were forced to temporarily freeze our Stobox Exchange development due to the war in Ukraine and the inability to conduct operational activities because a big part of the Stobox Exchange developers is engaged in the war too. So we stopped all of our Exchange initiatives to reduce the risks of hacks and keep money safe.
Stobox fully shifted its focus to the tokenization direction, where we have big traction. More than 30 clients at this moment, and 5 of them are live. It allows us to focus on what we can influence and develop as much as we can until things get back to normal.
In parallel, in Q1 2022, we started the development of DS Swap, a unique DeFi liquidity solution for security tokens and crypto-assets. In this product, STBU will be used as a native token. Also, all subscriptions from our STO clients will be paid in STBU annually. In this case, we focus on the best scenarios for STBU investors to create an organic demand and utility for STBU.
Therefore, we decided to rename all crypto-related channels to DS Swap, which will help us conduct a marketing campaign and attract attention to DS Swap and STBU utility token.
Stay tuned to our news to be among the first to see and test the DS Swap!
Stobox Team