🚀 Exciting News from XCeption: Treasury Upgrade and Enhanced Security Measures! 🚀

We are thrilled to share some major updates that will elevate the security and transparency of our project to new heights! Our commitment to fostering a secure and resilient ecosystem has led us to take significant steps towards fortifying the XCeption treasury.

1. Current Treasury Holdings:

Let’s start with some exciting news — our ETH Treasury for taxes currently holds an impressive 80 ETH which is around $200,000. The Token Treasury currently holds 159,589,123 Xcept tokens valued at around $1,000,000. This financial strength positions us for continued growth and development.

Current Addresses:

ETH Treasury — https://etherscan.io/address/0xcf81431cfc67b3036df73f36915fef06515d1701

Token Treasury — https://etherscan.io/address/0x03bCe231652C8416741c5EC2Ce5A5793869941bb

2. Treasury Upgrade:

In a strategic move to enhance the security of our treasury, we are excited to announce the transition to a multi-signature wallet system. This means that any transaction from the treasury will now require the approval of multiple key holders. This step ensures a robust layer of protection against potential security threats and unauthorized access.

New Address:

ETH Treasury — https://app.safe.global/home?safe=eth:0xD788fcD040DD0855a3Ef917b07F077C407aCaF50

Token Treasury — https://app.safe.global/home?safe=eth:0x022D685De0072FA4957E0Df10800c6C0De32705C

3. New Key Holders:

To further bolster the security of our funds, we are delighted to welcome esteemed individuals as key holders for the multi-signature wallet. The treasury will now be under the careful supervision of:

Herstaboo and his Partner
Ser PT
Simon from North Node Capital

With these reputable figures overseeing the treasury, you can trust that your investments are in safe hands. This dynamic trio will collectively contribute their signatures, ensuring that 3 out of 4 signatures are required for any transaction from the treasury.

4. Streamlining Recurring Expenses:

To maintain efficiency and prevent any delays in recurring expenses, we have introduced a budget allowance system. A dedicated expenses wallet, named xceptcommunity.eth, will be responsible for managing these expenses. This wallet is specifically designed to streamline the process, making sure that essential outflows are managed smoothly while maintaining the highest standards of financial control.

5. Transition of Contract Address (CA) to Multi-Signature Wallet:

In our continuous pursuit of heightened security measures, we are thrilled to announce the transition of the Contract Address (CA) to our multi-signature wallet. This strategic move ensures that the unique identifier for our smart contract will now be safeguarded by the same robust security protocols as our core treasury.

Current CA:

NEW CA: Contract Address — https://app.safe.global/home?safe=eth:0x18B5b706e3303A985b3e2afb8193E3a46564Ed25

6. Contract Updates During CA Transition:

As we move our Contract Address (CA) to the new multi-signature wallet, please be aware of the following on-chain contract changes:

• a. Removal of Max Wallet Limit
• b. Tax Wallet Update
• c. Transfer of Contract Ownership

These updates are essential for optimizing functionality and maintaining financial control. Thank you for your understanding.

These exciting changes not only fortify the security of our treasury but also demonstrate our unwavering commitment to transparency and responsible financial management.

We appreciate your continued support as we strive to build a resilient and secure future for XCeption. Together, we are shaping the next phase of our journey, and we can’t wait to embark on it with each and every one of you.

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