We are dissolving and distributing the remaining Ether

Posted by The Bullex team on Oct 13, 2019, 2:05:00 PM
The Bullex team

Dear DCORP community,

We would like to remind you of the fact that the outcome of the blockchain vote that ran from Tuesday the 3rd of September to Tuesday the 10th of September is that DCORP will dissolve and distribute the remaining Ether in the VC smart contract. We will dissolve DCORP and its legal entities and we will distribute the remaining Ether in the VC smart contract amongst those who claim.

Directly after the end of the final blockchain vote, the 60 day claiming period has started. This means that the claiming period will end on Saturday the 9th of November 2019 at 11:20:23 GMT+0100. Since 948 Ether has been reserved to successfully dissolve DCORP and its legal entities, there will be 7,674.5955 Ether to be distributed amongst those token holders that claim their share.

To claim and withdraw your share of the Ether, you have to do the following:

Claiming guide
The voting tool at http://dissolve-vote.dcorp.it now functions as a claiming tool. Since your address needs to be whitelisted in order to withdraw your ether, please whitelist your account at https://www.dcorp.it/member/verify if you haven’t done so already. Also, you will have to agree with the terms and conditions. 

If you have participated in the final blockchain vote, please withdraw your tokens from the voting contract, the tool will help you with this.    

If you still have the original DRP, please convert it to either DRPU or DRPS, the tool will also help you with this, alternatively you can use the older tool (https://www.dcorp.it/TokenChanger#drp-drpu), or use this guide.

Once you have done all the above steps, you can claim your share of the Ether. Note that this is only a reservation, you will still need to come back after the claiming period has ended to actually withdraw your Ether. The easiest way to claim is to use the tool, which is designed to make the process as easy as possible. Alternatively, you can simply send your DRPU and/or DRPS to the contract. The contract address is 0xdBdA390fF13caf297Ff95B4301834ba8a35F5f16, however we recommend using the tool, as that is less prone to user error.

Withdrawing guide
It is currently not yet possible to withdraw, because in order to withdraw, all the claims need to be counted, which can only be done after the claiming period has ended. Therefore, the withdrawing stage is after the claiming stage. You will later be able to use the same tool to withdraw. Alternatively, you can invoke the function “retrieveEther” here. Note that this will only function when the withdrawing stage is active (this starts on Saturday the 9th of November).

If you have any more questions, please reach out to us on support@dcorp.it, support@bullex.eu or through our Discord channel (https://discord.gg/c7cB6n8)!

Sincerely,

The DCORP team

Topics: proposal