Value Aligned Infrastructure services for a free and open future. council @stakingdefense Validating: @CeloOrg @nymproject @0lnetwork @canto @SuiNetwork
TPT has voted YES on the proposed @SuiNetwork protocol upgrade.
After speaking with the community, fellow validators, and advisors, it’s clear this is what the Sui ecosystem wants
As a staking service, we follow what’s best for the protocol and its users by listening to them.
Cetus has requested a community driven vote to recover the funds frozen following last week’s hack.
In response, the Sui Foundation has released code for an onchain community vote. Sui validators can cast votes, and Sui holders can also vote directly through stake delegation. Sui Foundation stake will not be counted.
If the community vote is approved, the funds will be recovered from the attacker and held in a multisig trust account until they can be returned to accounts who had positions in Cetus. The community vote is part of Cetus’s larger recovery plan to ensure all account holders are made whole, which includes use of Cetus’s treasury and obtaining a loan from Sui Foundation.
While the validators cast votes, you, the Sui community, are represented by where your holdings are staked. You may change your stake delegation to a validator who voted in alignment with your preference. Validator votes will be displayed in public dashboards, which will be shared when the vote begins today at 1:00pm PT.
See the blog post below for details, including code and participation information.
Are you a @SuiNetwork staker or community member?
We want to get a gauge of how you feel about the hack and a potential protocol upgrade
Context and poll
https://t.co/QQEqGE4DiY
🚨 Dear Sui community,
We are working diligently together with Inca Digital, security and analytics providers, and law enforcement officials across the world to recover the $60M worth of stolen funds.
In parallel, we are asking the Sui community to support a protocol upgrade to recover the $162M of frozen funds and return them to their rightful owners.
No one can make this decision unilaterally. We propose an on-chain vote involving the network’s major participants, including validators and SUI stakers, to decide on whether this upgrade is in the best interest of the Sui community. We want to recover and return the stolen funds, but we will respect whatever the community decides.
Thank you for your patience. We will work closely with Sui validators and the Sui Foundation on the details of implementing our proposed vote.
🌊
🚀 We're launching the Prezenti Pledge — a new way for Celo grantees & builders to give back 🌱
By pledging 1%+ of future revenue or TGE tokens to the Celo Community Fund, we’re ensuring long-term support for innovation & impact.
More than funding — it’s a movement.
https://t.co/6DsZ6uNnq4
https://t.co/z52sZe6llG
#Celo #web3grants
HUGE WEEK!
Congrats to @SuiNetwork community with the launch of @WalrusProtocol
TPT has been working with the team over the last several months on the testnet
Finally a robust storage solution that will drive the whole space forward
HUGE WEEK!
Congrats to @Celo for coming closer to @ethereum with its L2 migration
Looking forward to helping explore decentralized sequencer options with the awesome collection of other validators
It’s official 🎉
The @Celo upgrade is complete—Celo is now an @Ethereum Layer 2 💪
After nearly two years of planning, coding, and testing, we're finally here!
We’re home, and it feels good.
Let me share why this means so much 👇
If you worked with @Mysten_Labs on any of their pre genesis launches you would be bullish
Ground breaking tech executed at a level above anything else in crypto
Probably nothing @WalrusProtocol
We are doubling down on @SuiNetwork
At a technical level it is leagues beyond what is offered by others
Be on the lookout for TPT on @WalrusProtocol and @ikadotxyz
TPT will be helping with the @WalrusProtocol and @ikadotxyz launches
@SuiNetwork is the best network and chance we have at scalable adoption and innovation
We are doubling down on Sui community and friends
This time on the Staking Defense Podcast we chat with @WalrusProtocol 🦭 -- a new decentralized storage product built on top of the @SuiNetwork. 👇Tap into learn how decentralized storage scales and the project's progress through testnet!
https://t.co/7aVMpxmw9C
We at @0xTPT have always been proud supporters of @AftermathFi, relying on their platform as our go-to solution for providing liquidity
We’re thrilled to announce our continued support for the team by making a strategic investment to help them grow even stronger on @SuiNetwork