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0xLuo
@0xluo.eth
I'm trying to quickly grasp the story using AI. 👀 Degen: I need an L3. Conduit: I can handle it, boss. Later… Degen: What’s going on with the L3? Conduit: Small issue. We updated without telling you, and… things broke. Degen: Broke? How bad? Conduit: 54-hour outage, transaction errors, and $160k in user losses. Degen: What about our users? Our reputation? Conduit: We’re not taking responsibility or upgrading the chain. Degen: And my rollup keys? Conduit: We’re holding onto them. If you sign a new contract, it'll release us from liability, and we'll still keep the keys. Degen: This is unacceptable! The community is suffering, and you’re keeping our fees? Conduit: Without the contract, we’ll use the fees to cover our costs. Degen: And you deleted the data without a backup? Conduit: Yep. You’ll have to rebuild from scratch. Degen: This is outrageous. We’ll have to go public and start a new chain to compensate our users. Conduit: Whatever. We don’t care. Degen: What the…
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Joe Blau 🎩
@joeblau
This is a 3 step process. 1. Take a snapshot and create a merkle tree of all the balances 2. Airdrop the balances on Base with a 60 day expiration date 3. Stop working with/promoting conduit and move on It's a bull market — we don't have time for this lol. 1234 $DEGEN
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0xLuo
@0xluo.eth
thanks🫡 Absolutely, dropping Conduit has been the biggest positive development since Degen L3 went live.
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