Powerloom Protocol

Powerloom Protocol

All things onchain data

Powerloom Protocol pfp

Powerloom Protocol

🎉 Daily Reward Pool Increased to 75,000 $POWER 🚀 This is effective immediately (day 157)! We are also raising the daily submissions threshold over the week. 📊 Schedule: • Day 157: 1,000 (no change) • Day 158: 1,050 (first increase) • Day 165: 1,100 (final increase) 👉 https://mint.powerloom.network

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Powerloom Protocol pfp

Powerloom Protocol

🚀 1,000+ snapshotter nodes minted since mainnet 🔒 10 million $POWER locked 💸 Start earning daily rewards at ~100% APY Mint 👉 https://mint.powerloom.network

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Swaroop Hegde pfp

Time to say goodbye to the V1 chain! Please migrate your funds if you haven't already - we will not be able to recover native balances as it does require user signatures ⚠️

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Powerloom Protocol pfp

Powerloom Protocol

🚨 Powerloom V1 Chain Shutdown 👉 April 22, 2025: Migration bridge closes 👉 April 30, 2025: V1 chain stops ❗❗Migrate unstaked $POWER from V1 chain or lose it forever. Upgrade nodes now! 🧵 Details below ↓

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Powerloom Protocol pfp

Powerloom Protocol

💪 Our core devs recently pulled off one of crypto's smoothest L2 chain migrations. ✅ There was minimal downtime ✅ It required ONLY TWO user actions 📖 Check out our latest blog post to know everything about how this was achieved: https://blog.powerloom.io/powerloom-mainnet-v2-migration-how-we-ensured-minimal-downtime-user-actions/

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Powerloom Protocol pfp

Powerloom Protocol

✅ Verifiability, security, and resilience are non-negotiable for our composable infra to catalyze next generations of data-rich web3 innovations. 🤝 We thank @quantstamp for rigorously auditing all workflows involving the onchain protocol state and components https://x.com/Quantstamp/status/1909727802804642159

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Powerloom Protocol pfp

Powerloom Protocol

🎉 Node Staking reaches new heights on our migrated L2 chain powered by @arbitrum Nitro 🚀 ✅ $POWER staked: 3.33m+ ✅ Nodes minted: 333+ ✅ Total rewards: 175k+ $POWER It's a testament to our smooth migration with minimal protocol disruption 💪 More details in 🧵 ↓

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Powerloom Protocol pfp

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 ↓ 🧵

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Powerloom Protocol pfp

Powerloom Protocol

🥳 WE’RE LIVE ON THE NEW CHAIN — and almost 2,000 nodes are already online! Let’s gooo! 🚀 https://docs.powerloom.io/chain-migration/migration-timeline/#4--v2-chain-switchover---done-

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Powerloom Protocol pfp

Powerloom Protocol

🤩 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 & links in 🧵

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Powerloom Protocol pfp

Powerloom Protocol

🎯 POWERLOOM MAINNET V2 MIGRATION 💪 We're upgrading the L2 chain to @Arbitrum Nitro next week! 📅 March 27, 2025 📚 Migration docs: https://docs.powerloom.io/category/chain-migration/

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Powerloom Protocol pfp

Powerloom Protocol

🚨 OP Stack has dropped support for custom gas tokens. https://x.com/OPLabsPBC/status/1894827795832021145 It's a disappointing development, especially with the Ethereum Pectra upgrade around the corner. We're left with NO choice but to migrate our chain — Powerloom L2 is moving to @arbitrum (💙,🧡) More details in 🧵

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Powerloom Protocol pfp

Powerloom Protocol

🎉 Node Staking is LIVE! Earn Daily Rewards with ANY amount of $POWER 💪 Join us in shaping the future of onchain data access 🚀 🔗 👉 https://mint.powerloom.network/staking 🧵 : Know more ↓

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Powerloom Protocol pfp

Powerloom Protocol

🚨 Snapshotter Updates — The First 30 Days Our Mainnet completes a month! Here's how much Snapshotters earned during this period: ✅ Total rewards = 1.5M POWER (1408/node) ✅ Recent daily avg. = 34 POWER/node Start running your nodes TODAY. Earn $POWER 💪 🧵 ↓

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Powerloom Protocol pfp

Powerloom Protocol

💪 Powerloom is Out in the WILD 🚀 ✅ Mainnet is live & $POWER has unlocked ✅ Snapshotter are earning Daily Mainnet Rewards ✅ Node Mint portal is open for new operators to join Powerloom 📸 Want to run a node? Start here: https://mint.powerloom.network 🧵 : Know more ↓

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