Uwerx Developers Deploy Liquidity to Strengthen Project After Its Relaunch Success

Uwerx developers have impressed investors since the project’s presale started. They have used the agile methodology approach to continuously improve Uwerx and keep users informed on the latest developments.

This impressive following were reduced a little when the platform experienced a flash loan attack a day after joining the coin market. In a show of resilience, Uwerx developers set to work to relaunch Uwerx, bigger and better. We shall look at the progress made and the steps the Uwerx team took to mitigate the attack and restore investors’ confidence. 

How Uwerx Recovered From The Attack

On getting the report of the flash loan attack, Uwerx developers swiftly took charge of the situation. They offered the attacker 20% of the funds and urged him to return 80%. The team then assured the community that they had a watertight recovery strategy that would set things back in place in no time. 

The first part of Uwerx developers’ recovery strategy involved relaunching Uwerx on the Polygon network. This move from the UniSwap network to the Polygon network was to ensure a more secure platform with lower gas fees. The next part of the strategy involved creating a new smart contract address and having three different firms audit it. After achieving this, they improved and added new features to the platform.

As new features like Create Account, Privacy Policy, and Forgotten Password were added to the platform, Uwerx announced the relaunch date and told users to expect airdrops afterward. They also asked users to vote in a poll to decide how long the vesting period will last and the sell tax percentage. The team added that they will use the funds for the buy-back initiative as liquidity. 

Furthermore, the developers announced they would launch the long-anticipated Uwerx Vault simultaneously with the token. All these developments were added to the whitepaper and website to keep users informed. 

On October 25, 2023, Uwerx had a very successful relaunch. It brought more users to the platform and showed the team’s dedication to bringing massive returns to investors. 

What Uwerx Has In Store Post-Relaunch

Following the relaunch, Uwerx developers released a Minimum Viable Product (MVP). The MVP is similar to the final product, and users are urged to start testing it while the team fixes its bugs. 

The MVP was launched, and the final build is constantly being worked on. It currently features a Create task page, Create Account page, Chat and User deletion, Email template design, Requests, Email change, and LinkedIn connectivity. It also features Navigate to Jobs, Google authenticator, Agency Notes, Logged-in flows, Invite page, Create Task, User Settings (email notifications) page, Notifications, and Task editing,

Since many users accused Uwerx developers of trying to do a rug pull, the developers reminded the community that the entire sum of the liquidity would be locked. It should remove any thoughts of a potential rug pull. 

Although the flash loan attack set the Uwerx project a few steps back, its developers remain committed to its advancement. As a result, they are open to suggestions from their community. They ask members to send feedback to [email protected]. Investors are urged to be patient as the developers work meticulously to put everything back in place. 

Since Uwerx has proven itself to overcome tough times, experts believe it has what it takes to bring considerable returns to investors. 

New investors can buy into the project via the links below: 

Website: https://www.uwerx.network

Twitter: https://twitter.com/uwerx_network

Telegram: https://t.me/uwerx_network 

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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.