New epoch flip at Equalizer, new vault at Xpandr!
Take advantage of the fresh emissions on @TinHat_Cat's $THC - $FTM for a whopping 1.4k% APY and start compounding your LP 🔥
🥩 $254,156.22 worth of $fBUX are staked in the 8020 fBUX-USDC LP
💦 $500,000.00 in $fBUX - $FTM Liquidity on @Equalizer0x
💰For a Total of $750,000 in Liquidity!
A new vault and asset are live at #Xpandr!
@loveonftm's $LOVE - $FTM from Equalizer 💕
Throw them some love in the votes this epoch and let's bring up that APY as emissions kick in 🗳️
Equalizer epoch starts tomorrow so be sure to vote and get your $LOVE LP ready!
JUST IN TIME!
We are happy to announce a vault on @XpandrFinancial
Now you can choose to stack $EQUAL and/or build your $LOVE LP through autocompounding!
As always DYOR!
Degen on #LOVERS!
Since the July 2023 Multichain exploit, Fantom Foundation’s management and legal team have been working tirelessly across multiple jurisdictions to chart a path forward that enables victims to partially recover assets lost. We have an important update in this regard.
After all attempts to engage with the former directors and key personnel of the Multichain Foundation failed, Fantom Foundation filed an action against Multichain Foundation for breach of contract and fraudulent misrepresentations for losses sustained by the Foundation.
We are pleased to announce that on 30 January 2024 (effective as of 30 November 2023), the Honorable Registrar Tan Boon Heng of the General Division of the High Court of Singapore granted a default judgment ruling in the Foundation’s favor.
Over the course of the coming months, the Singapore Court will quantify the damages suffered by the Fantom Foundation. Once damages have been assessed, the Foundation will issue Multichain a Statutory Demand to pay the sum assessed by the court. Given the persistent absence of Multichain, we do not expect this to occur, at which point the Foundation will petition the court to wind up the Multichain Foundation and appoint a liquidator (equivalent to a Chapter 7 bankruptcy in the US).
Acting on behalf of all affected parties, the liquidator will possess specialized expertise in tracing and recovering assets, as well as the legal powers to claw back and recover bridge assets, assess and manage claims, and distribute any recovered funds. A liquidator will also have the court-mandated authority to act on behalf of the Multichain Foundation to assist in recovering community assets, including frozen stablecoins totaling approximately USD$65 million.
The default judgment validates Fantom’s strategy and efforts and is an important milestone in rectifying this wrong. While the current judgment relates only to Fantom Foundation’s own losses, the Foundation aims to use this legal victory to pave a path for all users to lodge their claims against Multichain and have suitably qualified experts recover and distribute assets.
For further insights into the legal process, please read:
https://t.co/zigUpjRD6b
Our @fMoneyMarkets vault is picking up steam!
Auto-comp your $fBUX - $FTM LP on the build up to their staking and lender launch 🧠
This partner vault takes it's 3.5% performance fees in $fBUX and a % is sent to Equalizer bribes every harvest!
#Xpandr
🚨 A new partner vault is live on #Xpandr! 🚨
@fMoneyMarkets's $fBUX - $WFTM
This partner vault sends 1% of performance fees to bribes at every harvest, helping keep the flywheel turning 🎡
Enjoy the 300% APY on this new asset!
@TailsFTM vault is live at Xpandr!
Enjoy high APY returns with the lowest compound fees from this new @Equalizer0x pool
About $fTAILS :
"Tails on @FantomFDN is a hub for token tooling, blockchain gaming, and more! Game launching Q1 2024"
In anticipation of @Goat_ERC404's bribes and APR kick off on @Equalizer0x:
$GOAT - $FTM vault is pre-released at Xpandr and ready to soak in those early rewards!
As soon as gauge starts receiving emissions, APY calculations will display. For now, a mystery!
#GMFTM has been steadily printing ATHs since mid-December, out-performing half of the memes that crop up every two hours on #Fantom.
And https://t.co/rImsJL00F7 has a 900% APY $GMFTM auto-compounding pool using @Equalizer0x LP.
Have you got a bag yet?
@GMFTMLFG $FTM #LFG!