Another reminder to join ecosystem communities and DAO's
Importance of this cannot be overemphasized.
Builder or creator these are some high signal DAOs to join, contribute and connect on @solana
→ @MonkeDAO
→ @LamportDAO
→ @mangomarkets
→ @RadiantsDAO
→ @islanddao
→ Main and regional Superteam
Search @superteam and follow up all regionals that come along with it regardless of the country you are from.
Always stay tuned for weekly /monthly recaps
Contribute, show Proof of work or contribution and connect on spaces/event if you can.
@lxrtnoir share on @avax
The @mangomarkets treasury distribution is an onchain proof of holder protections.
$43M distributed to holders via our new Rage Quit feature!
https://t.co/qR2J4RTixZ
Due to our Mango domains being down here are backup links if you would like to close borrow/withdraw
Mango v4 UI: https://t.co/SjsTtb25Bf
Boost: https://t.co/KfUTAyzJMs
DAO: https://t.co/nYX8t2AndB
🥭
2/2
Currently Mango is still scheduled to close on February 3rd
We are investigating the possibility of extending the closure by 24-48 hours and will update users
If this has affected your withdrawals, please keep an eye on our Disc to receive updates as soon as possible
Attention 🚨 1/2
Our site is experiencing DNS issues. We're working hard to resolve the issue ASAP.
Until the fix is issued, users can run the site locally by cloning the repo at:
https://t.co/9qJZAk6eC8
🚨Reminder
Mango Markets is closing on February 3rd, 2025.
Please close all positions and exit your liquidity with us, we do not want any users force liquidated on Feb 3rd.
Mango Markets Shutdown Update
Mango is closing on February 3rd, 2025
We ask all users to close their positions before this time to avoid liquidation and penalty fees
The range of liquidation fees can be found here: https://t.co/SdefuLCCAj
Mango V4 will optimize for 0.1% of deposits lent out, not 50%
Expect interest hikes for $SOL, $USDC, $USDT, $ETH, $MSOL, $mangoSOL, and $INF
Collateral requirements will increase by 10x for new positions
Proposal 1
https://t.co/OELh22Yemy
Proposal 2 https://t.co/dfi7U4oMIg
Mango Markets will be shutting down
It is time for users to close their positions
Mango v4 & Boost are winding down. Most borrowing on Mango will be economically unviable going forward
Proposals are live & become executable on January 13, Monday 8PM UTC
Details below⬇️
Ya gonna love this one.
An $ORCA whale and a $GECKO walk into a bar on @KaminoFinance
They says to the bartender they says:
'We're top gainers' @orca_so@GeckCoin $KMNO
You can trade @POPCATSOLANA on Mango this week to enter our reward program! Claims on Monday.
Eligible activities for $POPCAT include:
🐱Spot & Perps Trading
🥭Borrow & Lend
🎉Swaps
Users are reminded to maintain margin requirements throughout this period as liquidations may still be processed. The team are working hard to resolve the issue and further updates will be provided in due course.
Discord for announcements: https://t.co/gWgP2wFTVi
Due to a critical vulnerability in Mango V4 which was discovered today by core contributors, all token withdrawals and swaps, as well as spot trading on the $POPCAT, $JSOL, $ZEUS, $hubSOL, and $mangoSOL markets have been disabled by the Security Council.
Deposited funds are currently safe within the protocol due to the precautions taken by the council, and all functionality will be restored once a patch for the issue is completed, audited, and deployed in approximately four days.