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CryptoSML
Dec 10, 2023

Hello BBS team,
it seems that the liquidity pool created on EOS chain to provide swap facility to sell BBS Tokens for EOS  has liquidited and finished..
as i checked on defibox.io it is showing me that there is no liquidity pool in transaction..

i would like to get some clarification on this are we gonna get a new liquidity pool created by team to let all the BBS Holders on EOS chain can feel secured keeping their tokens there ?
when can we expect the liquidty pool to be created?

i see the withdraw option to EOS chain is still there but what is the point of sending our tokens to EOS chain if there is no liquidity provided there? this can lead to big mistrust for users and can create panic among all the $BBS token holders who have kept their tokens on EOS Chain through their Anchor/Wombat wallets..

Waiting for reply from a team member and more clarity on this will be much appreciated else we are stuck with tokens on EOS chain which we cant do anything with as there is no option to swap BBS token on EOS to either Binance Chain or ETH chain too and no liquidity means we cant even sell it..

Last time EOS liquidity came through BBS DAO voting 1 year and 10 months back in Feb 2022 30k USD worth of$BBS tokens and  30k USD worth $EOS tokens were added to liquidity pool through DAO voting.. 

https://snapshot.org/bbs#/bbs-io.eth/proposal/0x584ab00e62d040cdb54c1849282fccaf76bb20000b7395cef8fc45b607983f3fhttps://snapshot.org/bbs#/bbs-io.eth/proposal/0x584ab00e62d040cdb54c1849282fccaf76bb20000b7395cef8fc45b607983f3f

and it seems to that pool has been liquidified and there was one user who majorly cashed out and sold all his BBS holdings in this 1 and half year i wont name the user as you do your own research with on chain data..

There is confusion now among $BBS token holders who have kept their some position on EOS chain and much needed clarification is need from team.. without liquidity our tokens are dead TBH

i hope someone from team answers us here ASAP as all the transfer for BBS platform and token distribution to EM approved boards is handled through EOS chain it is utmost necessary to have a liquidity pool on EOS chain..

Thanks 

- BBS Soldier

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