Trade and earn with the Plenty protocol, the leading #DEX/#AMM on #Tezos. Featuring stable and volatile liquidity pools, and a bridge from #Ethereum & #Polygon.
Plenty Network is winding down operations!
Before anything, weโd like to share an update on the Plenty frontend and outline our upcoming two-phased wind-down process.
The Plenty Bridge has officially shut down.
Over the past months, we extended deadlines to ensure everyone had enough time to complete transfers and resolve issues. With the bridge now sunset, no further bridging activity will be possible.
We want to thank all users who have been part of our journey and to remind everyone that Plenty Network is continuing it's wind-down process as outlined earlier. For any remaining questions or support, please reach out on our Discord.
โ
https://t.co/2j7LC4qvYI
The Plenty Bridge has been stable and running well these past days.
To ensure everyone wraps up safely, weโre postponing the final shutdown from August 7th to August 25th, giving users more time to bridge and resolve pending issues.
Reminder: The Plenty Bridge was set to shut down on July 31st, but due to a signer issue & TezosโEthereum blip, weโre giving users 1 extra week (until Aug 7) to finalize transfers.
Please do reach out on Discord if you need any help.
Reminder: The Plenty Bridge was set to shut down on July 31st, but due to a signer issue & TezosโEthereum blip, weโre giving users 1 extra week (until Aug 7) to finalize transfers.
Please do reach out on Discord if you need any help.
Hi Plenty fam, quick heads-up!
We recently had a hiccup on the bridge: the Tezos โ Ethereum side had 1 of 3 signers down, which caused some transactions to get stuck.
But good news, it is fully resolved. The signer has synced, all are live and transactions are moving as expected again.
Ethereum โ Tezos was unaffected and remains smooth.
We equally appreciate the community's patience while we sorted this out. ๐
Important Update on Plenty Bridge
Weโll be shutting down the Ethereum โ Tezos bridge.
The bridge has been unstable and the infrastructure is deprecated. Maintaining or upgrading it no longer makes sense given current usage.
โณ Users have the month of July to bridge assets from Tezos โ Ethereum. Post-July, it will no longer be actively maintained.
If you have liquidity in Tezos pools with bridged assets, we recommend removing it soon.
โ https://t.co/03JvuH4egL
Hi Plenty fam, quick heads-up!
We recently had a hiccup on the bridge: the Tezos โ Ethereum side had 1 of 3 signers down, which caused some transactions to get stuck.
But good news, it is fully resolved. The signer has synced, all are live and transactions are moving as expected again.
Ethereum โ Tezos was unaffected and remains smooth.
We equally appreciate the community's patience while we sorted this out. ๐
Important Update on Plenty Bridge
Weโll be shutting down the Ethereum โ Tezos bridge.
The bridge has been unstable and the infrastructure is deprecated. Maintaining or upgrading it no longer makes sense given current usage.
โณ Users have the month of July to bridge assets from Tezos โ Ethereum. Post-July, it will no longer be actively maintained.
If you have liquidity in Tezos pools with bridged assets, we recommend removing it soon.
โ https://t.co/03JvuH4egL
Update on Withdrawals
Existing users can now:
- Detach VeNFT from gauge
- Unlock veNFTs after maturity (once VeNFT is detached)
- Withdraw V2 LP positions after detaching
โ https://t.co/ixJY7DBN0s
2/6
Phase 1: Withdraw Liquidity
โ Liquidity withdrawals are now available for both V2 & V3 pools.
If you provided liquidity, you can remove it here:
๐ https://t.co/HKqHY0NhOM
6/6
- Final Note
Thanks for sticking with us. We know this isnโt the ending anyone hoped for โ but weโll do our best to wind things down responsibly and transparently.
Plenty Network is winding down operations!
Before anything, weโd like to share an update on the Plenty frontend and outline our upcoming two-phased wind-down process.
5/6
- Acknowledging Our Early Users
We havenโt forgotten those who supported Plenty early on. At the right time, weโll be rewarding Superlend Points to users who meaningfully contributed to the ecosystem.
Details to follow later on Discord
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Yo buzzers โ itโs official! ๐
DAOBase TGE is coming ๐ฅ
After years of building, we're finally here.
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Note: Weโve already kicked off the indexer, but it may take some time to fully sync and reflect all data properly.
Weโll be open-sourcing everything to the community. More details on this will be shared once the frontend is back online, expected by May 22.
Important Update on Plenty DEX
Weโre currently implementing a frontend fix that will enable users to withdraw their existing liquidity. This update is expected to go live on May 20th.
In addition, we want to share that @plenty_network will begin winding down operations. This decision follows a combination of high operating and management costs, alongside minimal trading activity on the L1. Given these challenges, we are no longer in a position to allocate the necessary human and financial resources to sustain the infrastructure.
Weโll share further details on the wind-down process with the community soon.
Important Update on Plenty DEX
Weโre currently implementing a frontend fix that will enable users to withdraw their existing liquidity. This update is expected to go live on May 20th.
In addition, we want to share that @plenty_network will begin winding down operations. This decision follows a combination of high operating and management costs, alongside minimal trading activity on the L1. Given these challenges, we are no longer in a position to allocate the necessary human and financial resources to sustain the infrastructure.
Weโll share further details on the wind-down process with the community soon.