Neoxag Currency Incident: 6.5 million neoxag erroneously printed.

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Neoxag Currency Incident: 6.5 million neoxag erroneously printed.

Post rewards going 100% to neoxianburn

Summary: roughly 6.5 million neoxag was printed, here is the list:

https://pastebin.com/Bi46WaW8

UserNeoxag
@ironshield1333122
@simms501066498
@chronocrypto932754
@lv99-rd-chocobo746203
@justclickindiva692929
@deeanndmathews561809
@darkflame158901
@ph1102158196
@b0s156803
@cryptothesis129503
@ganjafarmer125760
@forexbrokr124641

Sorry for the tag guys. (I left neoxianburn off the list).
This is the top list of those who received neoxag incorrectly.

Background

Near the end of last April, I wanted to switch the Tribe from the old Scot bot to the newer and more decentralized SMT contracts. So I contacted @eonwarped in the Discord and we set it up, and I thought everything was fine, but it wasn't.

@ironshield the hero

First let me thank Ironshield, who reported this to me within 3 hours of receiving it. And he is on the top of the list. This could have been much worse if it had gone undected for even longer. What an honest and upstanding guy.

What happened?

Well it turns out that the Tribe was misconfigured (and there is buggy code), and rather then going completely to SMT, which is what should have happened, and what I asked for. Instead, the Tribe was in a hybrid state with the old Scot Bot still spitting out tokens when it shouldn't be. These extra tokens were mostly small amounts, but for whatever reason, not fully understood by me, the Scot Bot went buck wild in the last few weeks or days and started giving very large amounts to people.

Eonwarped, you messed up

Hi @eonwarped, I'm going to try to be as nice and diplomatic as I can, but you done goofed.



A couple of quotes from the discord of Eon admitting his mistakes. You really did a number on my tribe man, not cool. To his credit though, he was around to help me fix this quickly on the weekend, so there is that.

But this point of this post isn't to point the finger at Eon. I bear responsibility too, I should have made a better effort to understand what was going on.

The problem has been fixed

Let me make it clear that the problem printing the extra neoxags has been fixed. The old scot has finally been turned completely off and the Tribe is full on SMT, so there is nothing now printing neoxags that shouldn't be.

But the damage remains.

Unfortunately there is around 6.5 million neoxags that I can't snap my fingers and make disappear.

What I am doing about it:

  1. First I placed a big buy order on the market to pick any dumping should people choose to do that
  2. I have been contacting some on that list to try to get them to burn off some of that neoxag. I have already made deals with Chronocrypto and B0s who were high on that list. In discussion with Ironshield.
  3. I have an account neoxiancity which just so happens to have around 6.5 million neoxag in it (yea funny that). Seriously considering just burning this 6.5 million which will offset the extra 6.5 million.

My request

If you happen to be on that list above, especially high on the list, if you can find it in your heart to at least burn your liquid neoxag that you got, I would appreciate it. If you want to be rewarded for doing this..let's talk, contact me in Discord. neoxian#3936 maybe we can cut some kind of deal, possibly buy your neoxags, or reward you.

Conclusion

Well this sucks, but it doesn't need to be the end of Neoxag. It could have been worse. The Tribe will carry on for now.


(image generated by Midjourney AI, used with permission)

Posted using Neoxian City



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112 comments
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ganjafarmer#9621

Absolutely by all means hit me up.

Here is a vote.

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Glad to hear the problem has been taken care off, Mr Dragon. I didn't understand much of the technical off and ons but that is not important as we have the end of the printing to be glad about. I hope everyone on the big list really answers this call to burn and be NEOXIAN heroes.

Posted using Neoxian City

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I don't watch my H-E Tokens everyday, so tell me what to do to send back to the account that it belongs too. No stress or problems, just tell me how to go about returning them. Neoxian has supported me in the past. Let's not end our relationship over a bot misbehaving, lololol

Thanks for your assistance.

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If you can just send them over to me neoxian, that would be great, thank you.

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Sending liquid now. Will send staked when released.

image.png

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thank you very much. Well received.

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so good! nice one

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TYVM for your support as well. We all make mistakes, so let's try to fix and move forward.

Take care.

!LADY
!ALIVE

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First thanks to Ironshield for showing us his inner purity 🙏

and after having this hard situation I really appreciates Mr. Dragon that he is facing it strongly and so its not the end of my Love token Neoxag.
And I hope the top hivers in the list, will cooperate with Mr. Dragon

We can Hope for the Best!

Posted using Neoxian City

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(Edited)

I don't check my Hive-Engine wallet often, so thanks for the heads-up ... I will send the amount in question back to you. Half of it appears to be staked up, so I have unstaked and I have no clue how long that takes to do, but if you do not see the full amount at the appropriate time, just drop me a reminder.

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Thank you, that would be great.

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It will take 13 weeks to unstake. But there is no rush.

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Neoxag received, thank you

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I hope the listed people are nice enough to return what doesn't belong to them.

Posted using Neoxian City

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I don't know how to burn them but I can just transfer them back to you. Where would you like them sent? I am happy to help, I like NEOXAG and consider myself a citizen of NeoxianCity :D Keep up the good work @neoxian !PIZZA

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Thank you! Just send them back to me neoxian and I'll burn them. Will be burning any neoxag I receive from this.

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I don't see the tokens you are looking for @neoxian

"158,901" NEOXAG

NEOXAG
Liquid 81,260.073
Staked 86,286.834
$45.68

@he-indexrewards transferred 0.003 NEOXAG to @darkflameYour HE-Index holdings returned 0.003 NEOXAG Tokens!
@neoxiantoken staked 5.91044920 NEOXAG to @darkflame
@neoxiantoken transferred 5.91044920 NEOXAG to @darkflameHere are your claimed tokens! (5.910449 more NEOXAG were added to NEOXAG POWER)

I don't see any extra NEOXAG above what I had before.
If I add my Liquid and Staked balances, it comes to 167,546.907.
Are you saying these tokens are mistaken? Do I need to power down?

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In your case, I think you got them 2 months ago, and may not have ever noticed.
https://he.dtools.dev/tx/503975a872c180c8f04961c890627d66903b0e15-2
https://he.dtools.dev/tx/a2bdcf9de96546e34beaeed44fb21725c7acedfb-2
@neoxiantoken staked 58935.43971029 NEOXAG to @darkflame
@neoxiantoken staked 20516.29700554 NEOXAG to @darkflame
You can look at this https://he.dtools.dev/@darkflame?page=8&symbol=NEOXAG
Here you are receiving about 79000 neoxags out of the blue. I'm using the list that Eonwarped provided me. I'd be satisfied even if you just returned the liquid, but it's up to you.

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Yep that's what I'm doing too. Saving a good community is worth more than getting some extra tokens.

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(Edited)

🍕 PIZZA Party!

I gifted $PIZZA slices here:
darkflame tipped ironshield (x1)
darkflame tipped nonameslefttouse (x1)
@cryptothesis(7/15) tipped @neoxian (x1)
darkflame tipped neoxian (x1)
darkflame tipped ganjafarmer (x1)

Join us in Discord!

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Hopefully they all will act gently and do what's necessary here!

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Fixing the problem to improve the tribe. I´m glad to see that the neoxians care more about the tribe and the community than money.

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(Edited)

Sorry for all that happened to you... It sucks... :(

I saw my name on the list, but I can't find the irregular transaction (it was in the last 2-3 days?). Maybe it's on some of my sub-accounts, or it's just a mistake that I'm on the list. Can you check it out again, please?

Thanks!

EDIT: Found it! It was 21 days ago!!? I didn't pay attention and staked it... Will unstake it and return it if that is an acceptable solution?

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(Edited)

Will unstake it and return it if that is an acceptable solution?

Yes please that's fine, it will take 13 weeks to unstake, but there is no rush, can send to neoxian when you can, my thanks again.

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OK... No problem... Will send it to neoxian acc...

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I'm pledging just power down and send these tokens back. Way easier to help support a community in fixing what's going on.

Thank you for your community!

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Why not a Neoxag coin or NFT ?
I will buy it...

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I sent you something like 14k. I don't feel like unstaking but I'll pay for the remaining 11k with HBD in roughly three days, if you tell me what that's worth to you.

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(Edited)

Cool thanks! Your payment is seen and I went ahead and burned it. That's a nice gesture, you had received a smaller amount so I didn't think it was worth bothering you, but my thanks.
Current price of 11000 NEOXAG is 8.328100000000001 SWAP.HIVE ($3.007194).
Maybe just send 2 HBD for the 11k?

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I'll meet in the middle and send 2.5 HBD to you, when my HBD is out of savings, so again, roughly three days.

It's no problem.

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Ohh it seems an error. Thankfully I'm not in the list but be sure If ever this happen to me, I'll surely refund as some honest hivers already did. Love you Neoxian ❤️💖💝

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Grateful to see the incident has been figured out. I got to participate in the largest token burn of my blockchain experience thus far!

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I appreciate ironshield for drawing the attention on the issue. Glad to see those returning these neoxag and doing the needful.

Hopefully in time, things will return back to normalcy.

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Hopefully in time, things will return back to normalcy.

In a weird sort of way, I'm feeling extra bullish on neoxag, maybe because of the huge burn?

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Sure yes.. Also I am positive for the future of neoxag....

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what bad news but it is always important to have people with good education who do not like when for any mistake they can be rewarded. One question, friend, how much time do you have to burn the Neoxag tokens?

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It is the issue is discover and put in place a solution to resolve.

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This is so great to hear that the problem have been resolved.

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oh, those are really huge for sure, I did notice a dump in the NOEXAG price maybe this is the reason, good to know that listed users are honest and are giving back all that they did get. ☺️
heads up to Mr @ironshield for the honesty. 🎆

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Thank you.

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you are welcome sir have a great day and weekend. you are a hero. ☺️🎇🎆

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yes everyone is aware they must return all the tokens, I don't know exactly how much money we are talking about but it is up to those users to contact you and burn the tokens

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I am so happy that the problem has been fixed👌. And for everyone who has turned up in returning the neoxag and for those who have already unstaked, thanks to them 👍

Long live our own neoxag!

Posted using Neoxian City

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Nice to see community supporting the burn or returning.

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Thanks to @ironshield for protecting Neoxag from more damage and Thanks to Mr. D for sharing the whole incident in detailed blog, I was not much aware of the technicalities but now, getting to know to some extent. It is fixed and hope, the remaiing issues could be resolved ASAP.

Posted using Neoxian City

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Let me know if I got any extra, I'll happily power em a down and burn :)

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Thank you for the kind offer, but I'm not seeing that you got any.

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Do provide more details regarding the erroneous transactions on my account. Since I have already powered it up, I probably would just refund in Hive or HBD.

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Hello there, yes, thank you for taking your time to look at this.
https://he.dtools.dev/tx/808756ed4ce5c7276e67c96e509ee61103c37d15-2
It looks like you got yours about 22 days ago.
@neoxiantoken transferred 60660.75880938 NEOXAG to @cryptothesisHere are your claimed tokens! (60660.758809 more NEOXAG were added to NEOXAG POWER)

https://he.dtools.dev/@cryptothesis?page=8&symbol=NEOXAG

Current price of 60660 NEOXAG is 55.2006 SWAP.HIVE ($19.723837).
anything you want to send is fine

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That's huge and thanks to the timely call and thanks to the noble heart like ironshield, and thank you neoxian for the update.

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Wow, this is a lot of neoxags out there. Thanks to @ironshield for calling you attention to the problem. Thanks to those that have refunded so far and I hope others will refund to.

Posted using Neoxian City

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Wow, this is a lot of neoxags out there. Thanks to @ironshield for calling you attention to the problem. Thanks to those that have refunded so far and I hope others will refund to.

Posted using Neoxian City

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The third decision of burning over 6.8 million will go a long way I must confess

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@forexbrokr 124641

Haha, oh no...

I remember receiving these tokens a few weeks ago, but just thought jackpot and swapped into HIVE.

It didn't even cross my mind that they were a glitch!

I'm really sorry and will happily send back what I owe.

I've now just started unstaking 62320.5 (half were staked).

And will buy back and send you the remaining 62320.5 before that 4 week unstaking period is up to make you whole again.

Sorry again!

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Thank you, I really appreciate that. Just a note that it takes 13 weeks to unstake.

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Hey @neoxian,

13 weeks later and I just finished unstaking my staked half.

I've now sent you half of what I owe.

62K to go lol.

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I thought it was weird but when I checked all it said was staking reward. I assumed it must be normal 'cause no way all my crypto can lose it's value from a mistake... right? D: sigh I already sold the liquid. Most of it is staked. You'll have to wait for it to unstake before I can do anything.

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Whatever you are willing to do I'll appreciate.

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Good day to the neoxians. I would like to get an invite link to the discord channel.

Thanks

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I will ask one of the City Greeters @vickoly to invite you.

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Good day ma'am, he has find his way into the server earlier today.

Thanks ma, hope you had a great day.

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Ok that great. Hope you had a great day as well.

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Yea, although it's indifferent, but it's ok

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(Edited)

I already got my way in ma. Thanks so much

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I have read some of the comments and it is wonderful to see that the names on the list are doing the right thing by returning the token. That's the true community spirit!! Lovely.

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Hello! I'm not on everyday and just saw this.
If I'm reading this right I was given 1066498 correct? If not what is the number I need to return?
I don't mind returning it since it doesn't belong to me anyways! What is the best way in which I can do that??

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Hello @simms50. Thank you for taking your time to look at this and I apologize for the inconvenience. Yes you received a total of 1066498, half of it is in liquid form and half was staked. If you could send me neoxian the liquid part of 534814 neoxag, that would be great, and for the staked portion, if you could please power it down (it takes 13 weeks). If want to keep part of this staked, that would be fine, this is all up to you, but I would appreciate anything you are willing to do. My thanks in advance.

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Okay...I believe I was able to send you the liquid part 534814. Can you please confirm that you got it? Thanks!

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Awesome, thanks! I did receive it. I will burn it.

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@neoxian I started the unstaking process. I unstaked what I believe to be the rest, 531684.

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Thank you very much. I appreciate it..

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That AI Card would be a epic NFT just saying. AI is creating such cool stuff! Anyways 100% upvote here to try and burn a little more token. Thank you for the transparency about what happened.

Posted using Neoxian City

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Dear @neoxian,
Your support for the current HiveBuzz proposal (#199) is much appreciated but the proposal will expire soon!
May we ask you to review and renew your support for the new proposal so our team can continue its work?
You can support the new proposal (#248) on Peakd, Ecency, Hive.blog or using HiveSigner.

Thank you!

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Hello @neoxian. As promised, first staking took place on 12/17. Here's what's been returned so far:

Owed to NEOXIAN:
from: @justclickindiva 692,9290000

12/10 Liq transfer (-348,338.8260000)
12/17 Unstake #1 (-26,504.97576923)

Have a peaceful holiday. Take care.

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Thank you, you are awesome, also wishing you a great holiday.

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