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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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oxdev.base.eth 🎩🔵Ⓜ️ pfp
oxdev.base.eth 🎩🔵Ⓜ️
@ayojoseph
Good, transparency is key @conduit pls do the needful
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LΞO 🎩 pfp
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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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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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 pfp
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 pfp
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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Wellzy 🎩🏰🍖✞ pfp
Wellzy 🎩🏰🍖✞
@wellzy
That’s brutal. What a terrible way for them to run a business. I appreciate the transparency.
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Drakhonen pfp
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 pfp
Tokenized Human
@tokenizedhuman
Appreciate the transparency. What an awful situation to be in.
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Duxander |🔵 pfp
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 🛠️ (at Devcon) pfp
Darryl Yeo 🛠️ (at Devcon)
@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 pfp
hawaii
@investanything
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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