Hi @sunita_berma,
The assertion that karpatkey initiated sales of SAFE tokens on the open market on the day of token transferability is incorrect.
We facilitated raising capital efforts through Over-The-Counter (OTC) transactions prior to the transferability event, exclusively with long-term strategic partners. All of them agreed to a one-year lock-up period, ensuring their commitment to the ecosystem’s longevity.
Thanks to these efforts, the Joint Treasury became the largest liquidity provider on dexes during the token launch day. Our involvement significantly dominated the trading volume, surpassing all centralised exchanges combined. This strategic positioning allowed us to mitigate selling pressure effectively by continuously purchasing SAFE tokens during price dips, thereby supporting and stabilising the market price.
The Joint Treasury actions have consistently aimed to maximise health and long-term value in the SAFE ecosystem. Claims of speculative behaviour misrepresent our intentions and the factual nature of our involvement.
karpatkey remains deeply committed to the SAFE ecosystem. A vision for sustainable growth and stability has guided our strategic decisions and actions. We welcome transparent, constructive dialogue and are prepared to address any further concerns with substantive evidence and engagement in the community discussions.