We didn't rugged; if that was our intent, we would've sold higher. Abstract is dead; we moved on before the crash. If you complain about being rugged, you're A FLYING GAY. SEE YOU ON @monad
We didn't rugged; if that was our intent, we would've sold higher. Abstract is dead; we moved on before the crash. If you complain about being rugged, you're A FLYING GAY. SEE YOU ON @monad
Now that some time has passed and you’ve calmed down a bit, we can explain why:
Abstract is not a suitable place to build as an independent community the team is corrupt and only supports those within their close circle.
As for you whales: “hold is not enough.”
It wasn’t a rug pull it was the closure of the project right before it went into loss.
The team covered expenses worth 5k (plus all the time invested).
We closed the project with 5.6k still in the wallet.
Get as mad at us as you want… it’ll pass... that’s crypto.
But don’t forget the wrongdoings of the Abstract team.
🚀 Welcome to Abstract DeFi Garage!
The hub designed to unite, support, and empower DeFi projects building on @AbstractChain.
We’re here to make a difference.
In a fast-moving DeFi world, Abstract DeFi Garage is your go-to space for collaboration, growth, and meaningful impact.
We offer:
🔧 Technical support: from idea to deployment
🛡️ Ethical audits: because security should be accessible not a luxury for the few.
🌱 Community & networking support: connect, share, and grow with other projects.
⚙️ And more: tools, mentorship, visibility, and partnership opportunities
We’re building a more ethical, inclusive, and solid DeFi ecosystem, together.
If you’re building on Abstract or want to be part of the movement, Abstract DeFi Garage is here for you
.
🔗 Join us and see what we can build together.
#DeFiGarage #AbstractNetwork #Web3 #DeFiSupport #EthicalAudits #BuildOnAbstract
Big news🚀
@kaleido_finance🤝@ABSTRUCKPENGU
are joining forces!
We're launching a cross-testnet campaign, and proudly introducing the Abstract DeFi Garage, a hub to support and accelerate DeFi projects on @AbstractChain
. The future of DeFi on Abstract begins now!
Stay tuned for more details.
#Abstract #DeFi
How does PUSD work? It's simple!
Like getting a bank mortgage:
✅ Deposit collateral
✅ Mint PUSD
That's it. Your crypto, your stablecoin. 🏦🔗💵
#DeFi#Stablecoin#PUSD#Crypto
🚀 ABSTRUCK-FINANCE V1 IS LIVE IN TESTNET 🐧🚛
https://t.co/52p7U9F0lq
🔥Engines are warmed up🔥
💰Convert your bags into liquid stablecoin without selling!
⚡ Try out our V1 on testnet
This is just the beginning.
#AbstruckFinance#Testnet#DeFi#Web3
Polar USD ($PUSD) arrives on Abstract Chain in September.
Trust us, things will change. ❄️⚡
DeFi will become colder, smarter, and more powerful.
Prepare for a new era of stability, scalability, and innovation.
#PolarUSD#AbstractChain#DeFiReimagined#StableWithAnEdge
3/ Pros & cons
✅ Used in DeFi for:
• Stability and transparency
• No intermediaries
• Accessing liquidity without selling your assets (you stay exposed to their upside)
⚠️ Risk: if your collateral drops too far in value, it may be liquidated and you could lose part of your funds.
2/ How it works:
You deposit an asset (e.g. ETH) into a smart contract → you receive Polar USD in return.
You can repay the stablecoins at any time to redeem your collateral.
If the collateral value drops too much, it can be liquidated to cover the position.
3/ Seamless Native Integration ⚙️
Built for Abstract, POLAR USD works with Abstract:
✅ Native to all dApps
✅Lower fees, faster transactions
✅Competitive alternative to USDC, USDT
Full control, no middlemen.