$PINDAR IS NOW LIVE!
0xc084635f201ddb48c9b680ca16ff88585cbe7a2f
A new era of funding-rate trading begins on @Enter_Elysium .
Built for Hyperliquid. Launched on @MontraXYZ .
Everything we owe you is in this post.
The form stays open after the relaunch. If you were affected, submit it.
$sPindar redemption is processed after verification.
We're not moving on until that's done.
POST-MORTEM ANNOUNCEMENT
It has now been since November 8, two days after the drama involving the Ascend team, that they have left us without any updates on the tokenomics.
We found ourselves caught off guard, with no help from them.
We also liquidated the wallets to carry out a redemption because we don’t know who sniped a large portion of our supply.
We have therefore decided to set up a Google Form so that those who were affected can submit their wallet addresses and transaction details.
We will be relaunching on Montra; we believe this situation with Ascend has truly affected us, and we weren’t thinking clearly when we made that decision.
For those affected, a redemption option will be available on the Pindar website in $sPindar, these will be redeemable for USDC up to the amount of your losses once verification is complete via the Google Form.
We’re still sorry for what happened; the damage has been done, so let’s fix this together.
https://t.co/Rx05uKWqFD
$PINDAR relaunches today at 17:00 UTC on @MontraXYZ.
Ascend left us without tokenomics and without answers. We stopped waiting.
The launch broke. The protocol didn't: @HyperliquidX funding, split into a fixed
rate and a floating side, settled onchain on @Enter_Elysium.
The new CA will be posted ONLY from this account, at 17:00 UTC.
Anything posted before that is fake.
Redemption for affected wallets stays open, form pinned above.
https://t.co/vhPEMHm8RL
POST-MORTEM ANNOUNCEMENT
It has now been since November 8, two days after the drama involving the Ascend team, that they have left us without any updates on the tokenomics.
We found ourselves caught off guard, with no help from them.
We also liquidated the wallets to carry out a redemption because we don’t know who sniped a large portion of our supply.
We have therefore decided to set up a Google Form so that those who were affected can submit their wallet addresses and transaction details.
We will be relaunching on Montra; we believe this situation with Ascend has truly affected us, and we weren’t thinking clearly when we made that decision.
For those affected, a redemption option will be available on the Pindar website in $sPindar, these will be redeemable for USDC up to the amount of your losses once verification is complete via the Google Form.
We’re still sorry for what happened; the damage has been done, so let’s fix this together.
https://t.co/Rx05uKWqFD
Pindar is live on @Enter_Elysium mainnet
@HyperliquidX funding, split in two:
Lock a fixed rate
Trade the floating side with leverage Or back the vault: it takes the other side and earns the spread + every opening fee
Deposit USDC → https://t.co/Z5xnuKxwsM
@HyperliquidX funding rates are no longer just a cost of trading.
Pindar turns them into standalone markets through fixed vs. floating funding swaps.
Powered by onchain settlement on @Enter_Elysium .
$PINDAR is building the funding layer for Hyperliquid.
$PINDAR IS NOW LIVE!
0x9fb6b2c2f6891dd521205fc5bae9a6a66b3f0d0c
A new era of funding-rate trading begins on @Enter_Elysium.
Launched on @AscendLaunch.
https://t.co/nIhpkblh39
$PINDAR goes live tomorrow, November 12, at 17:00 UTC
Built on @Enter_Elysium. Powered by @AscendLaunch.
The official CA will be published ONLY on this X account.
Beware of fakes and impersonators. Stay safe.
See you tomorrow.
e/acc
@HyperliquidX funding rates, reimagined.
$PINDAR turns variable funding into tradable fixed-rate exposure through onchain swaps on @Enter_Elysium.
Funding is becoming its own market.
Soon