Lago Finance

Fiat-backed stablecoin.

[Lago Finance @lagofinance]

The bridge will close tomorrow, Dec 24th. The last unwrap requests are being processed today.
kwUSDC, kwBTC and USD2 tokens on Kadena will not be supported after Dec 24th.

[Lago Finance @lagofinance]

The Lago Bridge will be closing down on Dec 24th. Unwrap requests must be submitted TODAY.

[Lago Finance @lagofinance]

The Lago Bridge will be closing down on Dec 24th. Bearing in mind the 24h processing time requirement, unwrap requests must be submitted on Dec 22nd latest.

[Lago Finance @lagofinance]

@UnBitEsMucho @kadenamoonboy You can use https://t.co/ab8KPkSsz4 to unwrap those tokens to USDC on Ethereum. The bridge will shut down on Dec 24th, so you should act promptly.

[Lago Finance @lagofinance]

The bridge is now open. kwUSDC and kwBTC can be unwrapped from Kadena chain 1 to Ethereum.
USD2 Mint/Redeem will be reenabled later this week.

[Cobie @cobie]

RIP @0xttk 😥

[Brian Armstrong @brian_armstrong]

If you see FUD out there - remember, our financials are public (we're a public company) https://t.co/ayzN0zaqgT

[Lago Finance @lagofinance]

USD2 on Kadena and Lago Bridge are winding down. Funds can be respectively redeemed and unwrapped to Ethereum until Dec 24.
More information on Discord: https://t.co/9GVRv3GWpu

[Lago Finance @lagofinance]

The bridge is temporarily closed for maintenance.
It will be reopened next week alongside USD2 redemption.

[Lago Finance @lagofinance]

@kadenamoonboy Tx_id? Feel free to reach out to tech support on discord or DM here.

[Lago Finance @lagofinance]

@digicryptJC @KaddeXofficial Not bad. How about you Justus?

[Lago Finance @lagofinance]

@buythedip___ @kadena_io That's your assumption.

[Lago Finance @lagofinance]

@kadena_io update: audits are mostly completed and maintenance is almost done.
All operations will resume during the first week of November.
Thank you for your patience.
Looking forward to providing a solid foundation for the Kadena ecosystem.

[Lago Finance @lagofinance]

The Solidity and infra security audit is completed. Recommendations are being implemented. The pact audit is underway and will be completed in a few weeks.
Looking forward to resuming ops within the next few weeks.
Thanks for you patience and support💜

[Sergio Mello ⚓ @sergiofly]

"Bitcoin and other decentralized protocols are a gift to humanity, the meat of the industry. We are building the bridges to bring that value to people." @nathanmccauley #Converge22

[Lago Finance @lagofinance]

Finally, many members of the community and the ecosystem have reached out and have been supportive and helpful. Thank you.

[Lago Finance @lagofinance]

Apologies for not keeping up with Twitter. We shared some information on Discord and understand that the Twitter audience may differ. So here we are with a recap of the situation:

[Lago Finance @lagofinance]

Now we ask for a constructive conversation, which will lead to a better future for Kadena, so please accept our apologies for the temporary disruption and rest assured that we are working hard on a good solution.