Today we executed the first step of a planned SHDW token and liquidity migration as part of a protocol upgrade.
Two wallets currently control ~10% and ~8% of supply, which made it irresponsible to keep deploying treasury liquidity without fixing structural risk for the community.
Holders are protected via snapshot + swap.
No dilution. No hidden changes.
Today we executed the first step of a planned SHDW token and liquidity migration as part of a protocol upgrade.
Two wallets currently control ~10% and ~8% of supply, which made it irresponsible to keep deploying treasury liquidity without fixing structural risk for the community.
Holders are protected via snapshot + swap.
No dilution. No hidden changes.
Great chat with @AlexSmirnov on cross-chain AI agents and the growing need for privacy across chains.
βAs x402 terminals emerge and agents transact programmatically, public intent stops being a chain-level issue and becomes an agent-level vulnerability.β
If execution intent is public, agent strategies donβt stay private for long.