# Karak V2 Mainnet Phase 1

▶️ #updates

Karak has announced V2 Mainnet Phase 1. We previously covered the project.

 What You Need to Know:
- No details were provided about the TGE.
- You will need to migrate funds from V1 to V2 once additional networks (beyond Arbitrum) are added in the coming weeks.
- No action is needed for now; your points are secure.
- In a couple of weeks, they will launch "one of the most ambitious projects in crypto built on Karak."

No invites are needed for deposits—just click here.

👾 Karak will be the first restaking protocol to implement slashing. More details can be found in their article. The team has indicated that we won’t have to wait long for the token.

🗣 Are you farming Karak?