Did @longdotsupply just rug? Its keeper withdrew 46.7928 WETH from the Robinhood vault. Backing fell from 47.2273 to 0.4344 WETH in one transaction, while Arc WETH supply stayed at 47.2273 (so it was not a bridge but straight up vault withdrawal)
https://t.co/DNuKb9U8XE
@DeployDollars@arc@DeployDollars long arc just rug and dev run with 47 eth,this is time for you launch your launchpad with real stock pair at mainnet, make announcement
We shouldn't normalize promoting false information about @arc.
Currently, the official issuer of tokenized stocks on Arc is @DinariGlobal.
Anything else you see that isn't issued by an official issuer is either a scam or, at best, a wrapped token that adds little value imo.
Tokenized stocks are coming to Arc very soon, but they are not live on the network yet.
The @Longdotsupply on Arc is simply a copycat of the @longdotxyz on Robinhood
The bridge is unofficial, the tokenized stocks have no official issuance, and liquidity is extremely thin. This project could shut down the bridge at any moment and pull liquidity from the stock tokens, causing them to lose their peg to the underlying tokenized stocks
Wait for the official Arc mainnet and official stock-token launches. Don't turn your money into worthless tokens right now - you're taking a serious risk of losing it all on this gamble
I genuinely don't understand why @theunipcs is shilling this questionable project and calling it the main launchpad on Arc, when it's nowhere close to being that
Do your own research and be careful