Happy Monday, everyone! 

If you were unable to attend our Community AMA last Thursday, here’s a quick recap of key updates and our progress.

🧵 👇

Borrow, lend, leverage and earn across any chain. Access liquidity from across all of DeFi, natively. Powered by @wormholecrypto @circle @base

3/9 While we deeply empathize with the frustrations expressed by some community members, it's important to clarify that some of the claims being made are not grounded in fact. These will not distract us from our mission of delivering on our product roadmap.

4/9 We have clear objectives and are fully committed to following through on our plans. We appreciate your continued patience and understanding during this time. 

Now, let’s get into the highlights of the AMA.

5/9
• Pike's new design will feature three core modules, with the first release slated for Q4 2024. 
• Liquidity for P has also shown improvement, with buybacks boosting the pool's liquidity by over $400K.

6/9
• Additionally, we continue to work with Zero Shadow to recover the funds from the exploit early this year.  
• We acknowledge past communication gaps and are working to improve the frequency and transparency of our updates across all channels.

7/9
• We also addressed presale fund tracking, focusing on key spending areas, including security, user restitution, and operational expenses.
• In an effort to rebuild trust, we’re committed to releasing more tutorials and product updates to keep you informed.

8/9 We are grateful for your continued support and loyalty. Your trust is invaluable, and we are fully committed to strengthening our communication and delivering on our promises.

For full details, you can listen to the recording here:

8/9 We are grateful for your continued support and loyalty. Your trust is invaluable, and we are fully committed to strengthening our communication and delivering on our promises.

For full details, you can listen to the recording here:
https://community.pike.finance/recordings-and-transcripts/community-ama-oct3rd

2/9 Before diving in, we want to address some of the concerns and feedback we’ve received. After the recent allegations, it’s evident that our communication hasn’t been as effective as it needs to be. We take that feedback seriously, and we will change this moving forward.