MUNCH Protocol

Empowering Impact, One Step at a Time. From donations to investments—bridging change & opportunity 💡 Transparency | 🚀 Growth | 🌍 Sustainability

[MUNCH Protocol @MunchToken]

Community Update: Recovery Plan After GemPad Incident

Dear Munchkins,

We want to address the recent situation regarding the hack that affected our liquidity pool (LP) tokens through GemPad’s locking contract. First and foremost, we deeply regret the challenges this has caused for our community and want to assure you that we are committed to rebuilding stronger than ever.

Here’s an outline of the recovery steps we are taking, in collaboration with GemPad:

Recovery Plan in Collaboration with GemPad

1. Relaunch with New Liquidity
GemPad has offered to facilitate a relaunch of our project by waiving all upfront fees and providing extensive support, including:
• Advisory services
• Pinning our presale for maximum exposure
• Partnering with their network for marketing efforts
While this is not mandatory, we believe this could be a fast way to restore liquidity and momentum. We’re currently evaluating the best approach and will keep you updated on the next steps.

2. Ongoing Fund Recovery Efforts
There’s still hope for these funds to be recovered and proceeding with a relaunch, any recovered funds will be allocated to further development, marketing, and community incentives.

3. 50/50 Compensation Model
GemPad has committed to allocating 20% of their revenue share to a dedicated recovery fund for affected projects. Under this plan, recovered liquidity will be split between their contribution and additional funds raised by project owners. This ensures a collaborative effort toward full recovery. Munch will allocate part of its token percentage to go towards liquidity too.

Our Commitment to You

We are fully dedicated to:
• Maintaining transparency throughout this process.
• Exploring all available options to recover and rebuild.
• Protecting the interests of our holders and supporting our community.

We’re currently reviewing the Terms and Conditions proposed by GemPad to ensure they align with our goals.

What’s Next?

We value your input and encourage you to share your thoughts on the recovery steps outlined. In the coming days, we’ll provide more details on the relaunch option and how you can participate in shaping the next phase of our journey.

If you have any questions or concerns, please don’t hesitate to reach out in our Telegram Group and/or Twitter page.

We truly appreciate your patience and unwavering support. While these circumstances are challenging, we remain committed to turning this into a stepping stone for a brighter and more sustainable future for Munch.

With gratitude,

- MUNCH team

[MUNCH Protocol @MunchToken]

@turtledotxyz @turtleclubhouse @Blockworks Congratulations team

[MUNCH Protocol @MunchToken]

@turtledotxyz @Liquid_Ace_ Congratulations chads

[MUNCH Protocol @MunchToken]

@turtledotxyz @DecibelTrade 🐢🐢🐢

[Turtle @turtledotxyz]

Turtle now supports World ID verification.

@worldnetwork users can sign up to Turtle and access curated on-chain opportunities from day one.

One of the lowest-friction ways to start earning on-chain

[MUNCH Protocol @MunchToken]

@turtleclubhouse @katana Chads

[MUNCH Protocol @MunchToken]

@turtleclubhouse Congratulations team

[poet.base.eth @1CrypticPoet]

If you're reading this, it's not too late. It's still day one.

[MUNCH Protocol @MunchToken]

@treegens amazing work

[jesse.base.eth @jessepollak]

Base is for everyone.

[David Tso (dave.base.eth) @davidtsocy]

Happy new year to all the based builders around the world 💙

[David Tso (dave.base.eth) @davidtsocy]

Base’s commitment to bringing the world onchain has never been clearer heading into 2025

LFB

[MUNCH Protocol @MunchToken]

Happy New Year, Munchkins! 🍩🍩

2024 has been an incredible journey. Together, we've grown, we've learned, and we've achieved remarkable things. From our incredible community to our outstanding partnerships.

Let's carry this motivated spirit into 2025. As we embark on this new chapter, let us remember the incredible journey we've shared and the incredible potential that lies ahead.

Cheers to 2025🍾🎆

[MUNCH Protocol @MunchToken]

Happy New Year, Munch Community!🎉🎉🍾

As we step into 2025, we want to thank each of you for being the heart of Munch. Your belief, dedication, and passion have brought us here, and together, we’ll make this our year.

This is the year we elevate DeFi, create lasting impact, and reach new heights—because of you, with you, and for you. ❤️🍾

Let’s make 2025 unforgettable.

#YearOfTheMunch #DeFiInnovation #CryptoImpact

[base szn @base_season]

go all in on base and change your life

[David Tso (dave.base.eth) @davidtsocy]

Base is a fault-proofs-supported, ethereum-aligned, and decentralized chain.

[MUNCH Protocol @MunchToken]

#LessonWithMunch 🍩📷

TOPIC: TOKEN BURNS

What is token burn:
In essence, a token burn is permanently removing a portion of a cryptocurrency's circulating supply from the market. Think of it like burning physical cash – it's gone forever.

Why are token burns important?
📍Reduces Supply: By decreasing the available supply, burns can potentially increase the scarcity and value of each remaining token.

📍Creates Deflationary Pressure: Reducing supply can lead to deflationary pressure, theoretically increasing the value of each remaining token.

📍Community Engagement: Many projects involve the community in the burning process, fostering a sense of ownership and driving engagement.

How do token burns work?
📍Developer-programmed: Burns can be automatically integrated into the cryptocurrency's code, such as burning a percentage of transaction fees.

📍Community-driven: Some projects allow token holders to vote on burning a portion of their holdings, giving the community direct control.

📍Buybacks & Burns: Companies or projects can buy back their own tokens from the market and then burn them, removing them from circulation.

Token burns can be a powerful tool for increasing the value of a cryptocurrency.
The long-term success of a project depends on various factors beyond just token burns, therefore it's crucial to conduct thorough research and understand the underlying fundamentals of a project before investing.

#MunchProtocol #onchain #Christmas2024

[MUNCH Protocol @MunchToken]

Merry Christmas from the MUNCH family! 🎄❤️🍩

As we are all gathered with loved ones today to celebrate this beautiful holiday, we're filled with gratitude for our incredible community.
Together, we've accomplished so much, and we can't wait to see what we'll achieve in the coming year.
May your day be filled with love, laughter, and a whole lot of holiday cheer.
Together let's make 2025 a year of growth, impact, and endless possibilities. 💪

MERRY CHRISTMAS.

#MerryChristmas #MunchProtocol #TogetherAtChristmas

[𝗚𝗲𝗺𝗣𝗮𝗱 @gempad_app]

We would like to announce that we’ll be dedicating significant resources and expertise to support the projects impacted by the recent exploit.

👉 The affected projects that chose to work with us will receive exposure, advisory services, and tailored strategies to help them recover.

@TrumpsFight26 @meleganews @TheDubToken @colRverse @secretcoin1848 @AIRTOK_Official @MunchToken @bpay_token @OneWorldChain @coin_platy77830

We sincerely thank each community for their patience and would like to ask them to not rush the project teams as this is a delicate matter to deal with and can't be rushed.

👉 We hope to share an official report by the cybersecurity teams we onboarded soon to keep you up to date with the progress.

Stay tuned for updates from both us and your respective projects for more information.

[MUNCH Protocol @MunchToken]

It's Christmas Eve! 🎄✨

What are you wishing for this Christmas? 😏🎁

#Christmas #MunchProtocol #presents