abacus

Yield optimization done right for the passive investor.

[abacus @AbacusFi]

LQDR redemptions are here.

LQDR holders can now redeem on our site to receive a veTHE AND veRAM allocation.

1 LQDR = 0.3582584695 veTHE + 0.6709292413 veRAM

https://t.co/hJ3uslINdI

Read further to understand how to bridge your LQDR to redeem 👇

[abacus @AbacusFi]

With this final redemption, Abacus's commitment to making our community whole again is complete.

We would like to thank all of the Liquid Driver, Ennead and Abacus community for their patience and sticking with us.

It was a pleasure serving you. 🫡

[abacus @AbacusFi]

LQDR redemptions are here.

LQDR holders can now redeem on our site to receive a veTHE AND veRAM allocation.

1 LQDR = 0.3582584695 veTHE + 0.6709292413 veRAM

https://t.co/hJ3uslINdI

Read further to understand how to bridge your LQDR to redeem 👇

[abacus @AbacusFi]

qLQDR lockers are expected to withdraw.

If you have an active lock, then let it expire and then withdraw to redeem. DO NOT RELOCK.

qLQDR is permanently sunset.

👇

[abacus @AbacusFi]

👉Abacus stable LP redemptions are now available

Eligible LP holders are based on being part of the original snapshot and only for Stable LPs.

Available LPs for redemption:

abcPHAR/PHAR
abcRAM/RAM
liveTHE/THE
abcLYNX/LYNX

Join and open a ticket: https://t.co/ISIcCPtlLD

[abacus @AbacusFi]

👉abcLYNX redemptions are now available.

Abacus redemption rollouts continue with abcLYNX
https://t.co/Yufd367Tdd

Claiming is simple:

* Connect your wallet
* Claim your veLYNX

Staked and liquid abcLYNX are redeemable.

Visit our discord for help if you need it!

[abacus @AbacusFi]

@torrentfox Yes, you must connect with us on discord if you are an LP owner.

[abacus @AbacusFi]

👉 liveTHE redemptions are now available.

https://t.co/rxaPVjDoLK

Claiming is simple:
➡️Connect your wallet
➡️Claim your veTHE

Staked and liquid liveTHE are redeemable.

As mentioned previously, LPs will be handled on a case-by-case basis after redemptions are completed.

[abacus @AbacusFi]

@quangan65175798 Soon, new year

[abacus @AbacusFi]

Read our medium post about how we discovered a day 1 adversarial actor and how we dealt with it.

https://t.co/ghVkfamxbI

We would like to thank the team at @_SEAL_Org for their ongoing work protecting the community and the Kingdom chads for helping us recover. @keccakdog

[abacus @AbacusFi]

@Defipeniel The contract was mostly redeemed within 24h.

[abacus @AbacusFi]

🚨 Abacus has uncovered a critical security vulnerability involving a malicious actor with owner privileges.

What does this mean?
* Abacus will be shutting down permanently.

* Rewards will not flow to vaults or qLQDR or be bought back

* We will provide a redemption UI entrypoint (ie: gate) to ensure tokens can be redeemed.

* All rewards from last epoch aimed for wrappers/qLQDR will be distributed proportionally.

[abacus @AbacusFi]

👉abcRAM redemptions are now available.

Abacus redemption rollouts continue with abcRAM
https://t.co/JbbSx1f3oL

Claiming is simple:
* Connect your wallet
* Claim your veRAM

Staked and liquid abcRAM are redeemable.

Join our Discord for further information.

[abacus @AbacusFi]

🗒️abcPHAR redemption gate is now online

The long-awaited redemption gate for abcPHAR is now online.

https://t.co/IX2jkbeXM0

This is the beginning of our redemption rollout.

Claiming is simple:
* Connect your wallet
* Claim your vePHAR

👉Stage 1: staked abcPHAR
First redemptions are open for those users who were staked in the autocompounding vault or held liquid abcPHAR.

Stage 1: Staked/liquid abcPHAR
Stage 2: abcPHAR/PHAR LP participant

More redemptions will most likely open by next epoch.

As noted, LPs will be handled by a case-by-case basis as we move through the stages.

Thank you for your attention to this matter!!

[abacus @AbacusFi]

@donnydefi @GBHK 🫡

[abacus @AbacusFi]

@JaviChu__ @block_dam We didn't fail to protect liquidity -- most of the liquidity in the LQDR BSC pool was organic and not owned by us. We warned everyone to remove their LPs.

[abacus @AbacusFi]

@archtuxfan Not a rug whatsoever. A painful departure.

[Remember The Name (💜,🏛️) @remember_the_n]

🚨Abacus shutting down 🚨

• No bad debt
• 1:1 redeem confirmed
• Do NOT markey buy wrappers
• liveTHE alternative: eTHENA

I'll break it down 👇

1/12🧵

[GBHK 藍章魚 @GBHK]

It's a sad day to see @AbacusFi winding down following a security incident.

qLQDR/ $LQDR and wrapper holders should check their latest announcement for the next step.

TLDR:
"The snapshot is already complete. Do not purchase tokens expecting to be included."

[abacus @AbacusFi]

We would like to thank all of our marketing friends on Twitter who have helped propel liveTHE and Abacus to amazing heights over the years. Thank you for your hard work. ⛵️🫡