Icecream Swap UPGRADE & Icecream Swap 2.0
On the 11th February 2021 at 6 pm UTC + 0, an exploit has been declared in our MasterChef contract. We offer our apologies for every affected users, we wont let you down.
We first want to assure all our users that the exploit is now well fixed, all our contracts are now being fully audited by a top audit organisation with BSC Gemz and our platform is now more secure than ever. We wanted to make the safest and honest platform in bsc and we thought that we did everything right and in order, but we have to admit that this situation has took us all off guard and we take the full responsability.
What happened?
An error on dev function in MasterChef contract allowed anyone to set any arbitrary address to as governance.
It resulted to an arbitrary change done at MasterChef contract that changed the reward per block to 79228162514.
This change was not come from governance and not from timelock.
An error on dev function in MasterChef contract allowed anyone to set any arbitrary address to as governance.
Consequently, this address has set the reward per block, minting any amount of iCream token.
What will happen with IceCream Swap?
IceCream Swap has not finish to deliver Delicious & Creamy IceCream, we keep working hard and we are proud to announce our recovery plan :
Icecream swap 2.0 — Recovery Plan
1) We will relaunch the platform and all contracts and we will unlist iCream from our exchange.
We will launch a new token : Gelato (GLTO) — it will replace the iCream and will have the same particularities and fonction.
Uncapped — 10% burn on every harvest reward.
Notes: 18,2K Gelato are going to be minted with a one time call functions, these funds are going to be used for : Airdrop to iCream holders, CreamShare pool, and intitial liquidity.
1000 Gelato initial mint to be added in liquidity in IceCreamSwap Exchange, Price 10 BUSD, 2 hours before farm open.
Restart of the IceCream Party — 4 Gelato per block for the first 72 hours, than 2 per blocks for the next 72 hours and finally 1.25 Gelato per block forever.
Multiplier reward pool cut in half after 15 days of farming, except for IceCream/BNB.
2) We made a snapshot of users balance, lp balance and pool balances, before the exploit.
Here is the repo with snapshot data:
https://github.com/IceCreamSwap/snapshot
Simple list with address and share :
https://raw.githubusercontent.com/IceCreamSwap/snapshot/main/data/shares.txt
Decoded data about each address and balance. :
https://raw.githubusercontent.com/IceCreamSwap/snapshot/main/data/shares.json
You can validate your address in the files above, they contain the list of all address that will receive CreamShare (ICS) Token.
3) We will airdrop a special token — CreamShare (ICS) 1–1 with iCream.
Users in stacking pools and holders in wallet will receive the same amount of CreamShare (ICS) than they had of iCream before the exploit.
For users in farming pool they will receive in CreamShare (ICS) the double of iCream than they had in their LP’s, before the exploit.
4) For the first the whole duration of the IceCream Party (6 day’s), we will open a ‘CreamShare special stacking pool’ to stake CreamShare (ICS) earn Gelato.
Only the CreamShare (ICS) holders can access this pool.
The Gelato in this pool will be funded by 80% of the project team fund from the first 3 days since the relaunch.
5) 72 hours after launch (at the time of the first distribution reward halving) we will close the first ‘CreamShare special stacking pool’ and will open the second ‘CreamShare special stacking pool’ — to stake CreamShare (ICS) earn BNB.
Only the CreamShare (ICS) holders can access this pool.
The BNB in this pool will be funded by the exchange fees.
6) All our contracts are being audited by BSC GEMZ before deployment.
New farming contracts :
https://github.com/IceCreamSwap/contracts/tree/main/farm-contracts
We owe a huge thanks to all our community members and especially to the members of our team that kept their trust in our project and are fighting hardly to make a success out of it, thanks you guys.
Icecream swap is coming back, we are more determined than ever to bring back our platform to the top, we have dully learned from our mistakes and you wont see a more secure exchange now than ours! We are working harder than ever and you can be sure that we we will do everything to get back to our community.
Token Name: Gelato
Website: IceCreamSwap.Finance
RoadMap: https://app.gitbook.com/@swapicecream/s/icecreamswap-2-0/roadmap/roadmap
Medium: https://icecreamswap.medium.com/
FAQ: https://app.gitbook.com/@swapicecream/s/icecreamswap-2-0/faq
Telegram: https://t.me/IceCreamSwap
Telegram Channel: https://t.me/IceCreamSwapAnn
Telegram Español
https://t.me/IceCreamSwapES
Anuncios ES
https://t.me/IceCreamSwapAnunciosEs
Telegram Italiano
https://t.me/IceCreamSwapIT
Annunci IT
https://t.me/IceCreamSwapAnnunci
Twitter: https://twitter.com/SwapIceCream
Github: https://github.com/IceCreamSwap
Gitbook: https://swapicecream.gitbook.io/icecreamswap-2-0/
New launch date : 22 February 2021–3 pm UTC + 0
