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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
1/9 GM Degens, after careful consideration—because it affects you most of all—we’ve decided to share with the community the difficulties we’ve been facing in migrating DEGEN L3 to a new service provider, which has delayed some exciting features. https://paragraph.xyz/@degentokenbase/a-frustrated-migration
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
2/9 To recap what happened to the chain: - DEGEN L3 was processing $200k+ in bridge volume per day - @conduit pushed a bad upgrade without notifying us - this caused 54 hours of downtime and led to $160k in lost user funds - then bridge volume dropped by 75+% over the next month
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Sam (crazy candle person) ✦ pfp
Sam (crazy candle person) ✦
@samantha
Gm hat stays on. You really shouldn’t be going through all this BS just to migrate. If you are willing to start a community fund to make those lost hodlers whole I would be happy to contribute to it!
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LΞO 🎩
@leospeaks.eth
thoughtful, well written, and transparent update on the situation. Thank you <3 Glad to see we have some options if things get extreme. @conduit shame on you for allowing this to happen. Stop dragging your feet and help the team through this process of migration. WE ARE ALL WATCHING 👀
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Trebor🎩🟡 pfp
Trebor🎩🟡
@trebor69
sorry about all this! im sure you'll sort things out, we dont need them! next time we're gonna build things on our own so we dont depend on anyone!
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Kkknight_Artsss
@kkknight-artsss
Gm Sir Jacek 🫡 Appreciate the transparency, we believe in you and always supporting $DEGEN @conduit please do the needful as soon as possible! The Hat Always Stays On🎩
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Metaphorical
@hyp
conduit is in SF, this thread makes it sound like you have no legal representation
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Anastasia.degen.eth🎩💜 pfp
Anastasia.degen.eth🎩💜
@nastyuha777
of all these words, the main thing is that you think positively and there are attempts to establish new infrastructure! This is a bad experience that will teach you to be a better person. I'm sure the degen family will support you!
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kenanie.degen.eth pfp
kenanie.degen.eth
@kenanie.eth
A problem shared is a problem half solved. I really appreciate your honesty and transparency with the degen community. The reputation you’ve built is what makes the community stay behind you, through the highs and lows. I hope @conduit does the needful and keeps to their end of the contract. It’s bad for their reputation and business to behave in such a manner. I hope everything is resolved as soon as possible. Thank you @jacek and @cadillion ❤️
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Anastasia.degen.eth🎩💜 pfp
Anastasia.degen.eth🎩💜
@nastyuha777
how will this affect the @mintclub chain ? does this mean that we need to close our accounts token? @jacek @cadillion
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Drakhonen
@drakhonen.eth
Shared on X as promised: https://x.com/ProdigyForge3D/status/1854588083921969490
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leoclark.⌐◨-◨ ᖽ🎩 pfp
leoclark.⌐◨-◨ ᖽ🎩
@leoclark.eth
🫡 🎩
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Tokenized Human
@tokenizedhuman
Appreciate the transparency. What an awful situation to be in.
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Duxander |🔵
@altagers.eth
much support to degen hope it all will be ok in future <3
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Icetoad 🎩 🍕 🎶 🐈 💚 pfp
Icetoad 🎩 🍕 🎶 🐈 💚
@icetoad.eth
Jfc, maybe a lawsuit is in order?
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Darryl Yeo 🛠️ pfp
Darryl Yeo 🛠️
@darrylyeo
Appreciate the transparency!
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MattwithouttheT 🎩 pfp
MattwithouttheT 🎩
@mathew
Would you recommend pulling liquidity from RIvera and either bridging back to Base or having it sit in DEGEN on L3? If you need to fork a new chain, would LP tokens get replicated as well, or only $DEGEN balances?
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hawaii
@ihawaii.eth
i see your frustration…all i can say is i will cruise alongside with you and your team✌🏻 🎩 stays tf on 😎 100 $degen
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Evsim 🦹‍♂️🎩🔵 ✪ pfp
Evsim 🦹‍♂️🎩🔵 ✪
@evsim.eth
Damn @conduit ! It seems to me that nowadays it is difficult to earn a reputation, but it is very easy to lose it! Why are these delays? Jacek, we definitely support you, I imagine how your nerve cells have been lost since August! Thank you for sharing! $degen forever
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Mikolaj
@mikos32.eth
Gm Jacek! Thanks for introducing us to the situation. I hope new provider gonna do better than Conduit. It’s sad when you build something good for community and there’re lot of difficulties especially when provider doesn’t care at all if there’re some sort of problems.
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