Powerloom Protocol

🎉 Powerloom Mainnet V2 Migration is COMPLETE! 🎊

Freely use native $POWER with our migrated L2 chain powered by @arbitrum Nitro ⚡️

Our core devs ensured a smooth migration, with minimal user actions or protocol interruptions 💪

More details ↓ 🧵

Official account of the Arbitrum Foundation.

https://arbitrum.io/

✅ First V2 epoch (ID: 55001) was released with migrated state. Snapshotter nodes are now submitting to the new V2 chain managed by @conduitxyz ⚡️

Check verification logs to confirm. Update your nodes if you haven't already.

1/ Key Info:

🔹 Epoch 55000: Network state freeze on older chain
⏳ 6hr window: State transition to V2
🚀 V2 epoch release resumes post-state sync
🛡️ Protocol state preserved

Read below for role-specific instructions 👇

📸 Snapshotters
🏦 Stakers
🎯 Minters
💰 $POWER holders

2/ 📸 Snapshotter Operators:

🚨 Update your nodes before Epoch 55000

Full guide + verification steps: https://t.co/pF3tBIkQAW

The composable data network for web3 $POWER

check out /powerloom for community discussions

https://powerloom.io

✅ First V2 epoch (ID: 55001) was released with migrated state. Snapshotter nodes are now submitting to the new V2 chain managed by @conduitxyz ⚡️

Check verification logs to confirm. Update your nodes if you haven't already.

https://x.com/Powerloom/status/1902712120271401113

✅ Snapshotter NFTs, unclaimed rewards, & staked $POWER have been migrated automatically. NO user action was required.

All historical data was retained. Check your dashboards for latest rewards & balances on Mainnet V2.

3/ 💰 $POWER Holders on L2

🚨 Action Required!

🔸 Old chain will shut down before Ethereum upgrades to Pectra (~1 month from today)
🔸 Start migrating your unstaked $POWER tokens to the new chain
🔸 Tokens on Ethereum are unaffected

Migration guide: https://t.co/fO0OBMQd31

4/ 🏦 Stakers:

✅ Your stakes will auto-migrate!

Migration steps here: https://t.co/Nw4Dw7bL6U

✅ Snapshotter NFTs, unclaimed rewards, & staked $POWER have been migrated automatically. NO user action was required.

All historical data was retained. Check your dashboards for latest rewards & balances on Mainnet V2.

https://x.com/Powerloom/status/1902712124587057625

✅ Normal operations have resumed on the new chain:

→ Node minting, staking/unstaking, & burning
→ Daily Rewards & vested token claims

Continue using Powerloom with native L2 $POWER. Experience the enhanced performance, stability, and reliability 💪

🤩 Powerloom Mainnet V2 Bridge is 7x FASTER 🔥

✅ Move $POWER from our upgraded L2 → L1 bridge in ~24 hours, not 7 days
✅ Pay less gas fees — @arbitrum bridge only requires 2 TXs vs. 3 on the OP Bridge
✅ Reduce your dependence on CEXs

More details &amp; links in 🧵 https://t.co/cZ5OdgGWQg

🚨 The older L2 running on OP Stack will be deprecated soon.

Move your unstaked L2 $POWER to the new chain if you haven't already.

🚨 The older L2 running on OP Stack will be deprecated soon.

Move your unstaked L2 $POWER to the new chain if you haven't already.
https://x.com/Powerloom/status/1902712122272080341

👉 More info about our Mainnet V2 Chain: https://docs.powerloom.io/chain-migration/info/

🆘 For any help, reach out on Discord:

👉 More info about our Mainnet V2 Chain: https://docs.powerloom.io/chain-migration/info/

🆘 For any help, reach out on Discord: https://discord.com/invite/powerloom

✅ Normal operations have resumed on the new chain:

→ Node minting, staking/unstaking, & burning
→ Daily Rewards & vested token claims

Continue using Powerloom with native L2 $POWER. Experience the enhanced performance, stability, and reliability 💪

https://x.com/Powerloom/status/1904280161203413292