The bridge will close tomorrow, Dec 24th. The last unwrap requests are being processed today.
kwUSDC, kwBTC and USD2 tokens on Kadena will not be supported after Dec 24th.
The Lago Bridge will be closing down on Dec 24th. Bearing in mind the 24h processing time requirement, unwrap requests must be submitted on Dec 22nd latest.
Lago Finance retweeted
If you see FUD out there - remember, our financials are public (we're a public company) s27.q4cdn.com/397450999/file…
USD2 on Kadena and Lago Bridge are winding down. Funds can be respectively redeemed and unwrapped to Ethereum until Dec 24.
More information on Discord: discord.com/channels/9641774…
The bridge is temporarily closed for maintenance.
It will be reopened next week alongside USD2 redemption.
The bridge is now open. kwUSDC and kwBTC can be unwrapped from Kadena chain 1 to Ethereum.
USD2 Mint/Redeem will be reenabled later this week.
The Solidity and infra security audit is completed. Recommendations are being implemented. The pact audit is underway and will be completed in a few weeks.
Looking forward to resuming ops within the next few weeks.
Thanks for you patience and support💜
Lago Finance retweeted
"Bitcoin and other decentralized protocols are a gift to humanity, the meat of the industry. We are building the bridges to bring that value to people." @nathanmccauley #Converge22
Apologies for not keeping up with Twitter. We shared some information on Discord and understand that the Twitter audience may differ. So here we are with a recap of the situation:
Now we ask for a constructive conversation, which will lead to a better future for Kadena, so please accept our apologies for the temporary disruption and rest assured that we are working hard on a good solution.
The Lago Bridge, USD2 mint/redeem interface and kwUSDC token functionalities are currently offline for maintenance. We will announce when operations resume. Sorry for the inconvenience.
USD2 tokens and the LAGO liquidity rewards are unaffected.
Lago Finance retweeted
Since #ethereum can no longer be mined, the most profitable #PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. zpr.io/ajZxgBNSAew4
Lago Finance retweeted
We are excited to see @lagofinance launching USD2. This is a major step forward for the entire ecosystem!
Lago Finance retweeted
Check out what you missed this week on #Kadena in the latest issue of our weekly newsletter 📨
Featuring major updates from @lagofinance, @EucLabs, @KorBlockchain, @KadenaLifeSale, @KaddeXofficial & more!
You can subscribe here after reading👇
getrevue.co/profile/kadenaec…