Play-to-Earn Games Leader Tamadoge Announces $TAMA V2 on Polygon
Play-to-Compose Video games Leader Tamadoge Publicizes $TAMA V2 on Polygon
Tamadoge has kickstarted the following generation for its play-to-fabricate ecosystem, asserting the accelerated birth of its $TAMA V2 token on the Polygon network.
The strategic transfer comes in the wake of a most modern hack that focused the mission’s liquidity pool. This has triggered a swift and decisive response from the Tamadoge physique of workers, revealing the upcoming secret device of migrating to a V2 token.
This decision addresses quick security issues while alluding to a seemingly roadmap update.
The Huge Upside of Upgrading to Polygon
Tamadoge’s transition to Polygon marks a pivotal 2d in its roadmap. In step with the miserable hack, the physique of workers is now not comely moving to a brand unique network but additionally changing the gift ERC-20 token fully.
A transfer to Polygon turn into initially deliberate to be launched after provide of the Tamadoge Pursuit game through a bridge, marking the discontinue of the most up-to-date allotment of the roadmap. Nevertheless, the game will as a substitute be delivered after launching the V2 token, which is now the foremost priority for causes of security and improved user expertise.
Polygon operates as a Layer 2 scaling resolution or sidechain, functioning in parallel with the Ethereum blockchain. This setup facilitates lickety-split transactions and minimal costs, making it ideally fitted for gaming capabilities. Additionally, it capitalizes on the liquidity and sturdy security framework of the Ethereum blockchain.
In consequence, the transition from Ethereum to Polygon represents a transformative shift for $TAMA V2 customers, an excellent deal bettering their gaming expertise by combining speed, effectivity, and security.
How the $TAMA V2 Migration Project Works
To be obvious a bother-free transition for its user irascible, the Tamadoge physique of workers has laid out four steps to seamlessly swap all holders to V2.
- Deployment of the Novel Token Contract:
The physique of workers will deploy an upgraded Polygon contract with extra security aspects, including blacklist and discontinue capabilities, to form a safer expertise for the Tamadoge neighborhood moving ahead.
2. Staking Contract Upgrade:
Next, the Staking Contract will seemingly be upgraded. All staking balances and linked rewards will seemingly be carried over to the unique contract on Polygon. Users will need to merely connect their wallets to hunt their staked tokens after the swap.
3. Conversion on Centralised and DeFi Holders:
For these protecting tokens on centralized exchanges, there will seemingly be an computerized conversion to the unique token. Concurrently, DeFi and Non-Custodial holders will receive an airdrop of the unique token, making certain a gentle transition for all.
4. Liquidity Pool Addition and Trading Access:
Lastly, alongside the Airdrop and CEX transition, the liquidity pool will seemingly be restored on Polygon, constructing a tradable pair that matches the pre-hack V1 label. It is going to verify all people beneficial properties buying and selling get staunch of entry to simultaneously.
Addressing the Hack – A Safer Extra Rep TAMA
The Tamadoge mission confronted a serious problem when its developer pockets turn into focused in a coordinated attack.
When the hackers exploited a contract vulnerability to get staunch of entry to the Tamadoge liquidity pool, the physique of workers acted suddenly to restrict the hack’s scope.
This turn into performed by getting rid of liquidity from decentralized exchanges and working with alternate partners to end buying and selling snappy. Additionally, the staking and token pages on the Tamadoge website online were also disabled as a precaution.
A thorough investigation is being done to treasure the hack’s root role off.
Which potential incident, beforehand unannounced mission plans are truly being accelerated in inform to toughen security and functionality.
Tamadoge’s Novel Future on Polygon is Luminous
As Tamadoge embarks on its unique gallop with Polygon, there’s palpable excitement inner the neighborhood, fueled by the physique of workers hinting at extra steps in the roadmap.
The neighborhood is abuzz with hypothesis: What unique aspects and expansions will Tamadoge introduce? How will this transition form the future of the ecosystem? These questions worth an intelligent allotment of anticipation and seemingly for Tamadoge.
The decision to postpone the free up of the Tamadoge Pursuit game, while initially met with disappointment, is now viewed in a brand unique light. This discontinue is viewed as a strategic step, allowing the physique of workers to fully leverage the advantages of the Polygon network and integrate these into the gaming expertise.
The anticipation for the game has handiest grown, as customers scrutinize ahead to an unprecedented extra enhanced, seamless, and attention-grabbing play-to-fabricate expertise on the Polygon platform.
There are a lot of advantages of the Polygon chain for the Tamadoge ecosystem. It opens a realm of most modern possibilities where customers can now scrutinize ahead to an excellent deal lower transaction costs.
Faster transaction speeds on Polygon imply a smoother, extra responsive gaming expertise, which is necessary for exact-time play-to-fabricate games. Furthermore, the mix with Polygon’s staking contract is role to provide extra rewarding experiences for gamers.
Integral to the migration is a heightened center of attention on security. Polygon network’s sturdy architecture affords enhanced security aspects, which are necessary in protecting customers’ sources and making certain the integrity of the play-to-fabricate ecosystem.
This transition to a extra real ambiance displays Tamadoge’s unwavering dedication to safeguarding its neighborhood and fortifying have confidence amongst its customers.
Poised to redefine the play-to-fabricate landscape, the future of Tamadoge on Polygon is shaping up to be a thrilling chapter in the mission’s myth. Its most modern strategic pivot is, which potential truth, a testomony to Tamadoge’s resilience, adaptability, and dedication to delivering an distinctive and real gaming expertise to its neighborhood.
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Disclaimer: Crypto is a high-risk asset class. This article is geared up for informational capabilities and does now not constitute investment advice. You will also lose your total capital.
Source : cryptonews.com