OfFICIAL STATEMENT #1

UPDATE: As of 6.9.21 the official $HERPES contract was launched and is now live

6.6.21

DEAR SPREADER FAM,

As you are aware, our beloved $HERPES experienced a slight meltdown. We cracked the code and all is finally under control.

  • What happened:

$HERPES started as a light-hearted joke and was never meant to, nor intended to become as viral as it did. Very ironic indeed. But because of that light-hearted approach, we didn’t do as much due diligence and forward planning as we should have – sincerest apologies.

Due to a combination of issues – incomplete initial tokenomics, an auto-liquidity bug in the $HERPES contract, and the unexpected virality of the coin – the contract encountered a critical error and froze. All transactions, including buying, selling, sending, and adding or removing liquidity began to fail as a result.

  • What we did:

After the entire team spent countless hours crawling through pipes, we managed to identify the problem and we started working on a solution for it. On top of that, we managed to restore network functionality temporarily which was amazing news, because that means no money will be lost. 

But after network functionality was temporarily restored, $HERPES’ virality resumed. People began transacting with the token again almost immediately. However, the network was still at risk of freezing up again before we could finish implementing our solution. Therefore, to protect our holders’ liquidity, we decided to temporarily halt all trading. We are very sorry, but we felt that this was the best way to prevent any further damage.

  • The next steps:

Because of the way the smart chain works, the existing flawed $HERPES contract cannot be altered, so we made the decision to fully re-engineer $HERPES, line by line, with better features and better security. That means we will soon have a new, upgraded $HERPES token. And all liquidity will be transferred to a new liquidity pool, every cent of it. In fact, the dev team and a few passionate members of the community backed the project with additional funds so now the initial liquidity will be more than doubled.

There is nothing to worry about, we took a snapshot of the blockchain and have exact records of all the $HERPES holders so we know which wallets have how much. The new and improved $HERPES will be deposited to your wallets once it launches without you needing to do anything.

In the meantime, we have opened a GitHub repo for the new token for anyone to see. We will offer full transparency every step of the way.

Sincerely, the $HERPES dev team.

we made the decision to fully re-engineer $HERPES, line by line, with better features and better security. That means we will soon have a new, upgraded $HERPES token.