Toreus Finance

A lending market inspired by Geist, powered by the Kava Community & Secured by Tendermint Consensus.

[Toreus Finance @toreusfinance]

GM Kava/Toreus Community!

We would like to provide you with an important update regarding the sunsetting of the Toreus protocol, building on our previous communication.

(1/x) 🧵

[Toreus Finance @toreusfinance]

If you remain interested in the Kava ecosystem and are exploring new opportunities to utilize your assets, we recommend taking a look at @MareFinance & @PinjamLabs .

[Toreus Finance @toreusfinance]

GM Kava/Toreus Community!

We would like to provide you with an important update regarding the sunsetting of the Toreus protocol, building on our previous communication.

(1/x) 🧵

[Toreus Finance @toreusfinance]

You can now access the new TORE-WKAVA trading pair on @SushiSwap . To get started, please follow this link: https://t.co/GmmK0XhanI

[Toreus Finance @toreusfinance]

🧵7/7

We want to thank the Kava team and our partners for our ongoing conversation and brainstorm sessions.
But most of all we are grateful for the amazing community we've built over the past months.

We're deeply sorry Toreus did not grow out to the heights we all wished for.

[Toreus Finance @toreusfinance]

🧵1/7

TOREUS SUNSET

Earlier this year we set out on a mission to boost the Kava-EVM #DeFi ecosystem by providing an effective lending infrastructure.

After a successful TGE and jumpstarting an amazing community Toreus took quite some hits.

[Toreus Finance @toreusfinance]

🧵6/7

5. After all $TORE lockers are unlocked (3 month period max) we will distribute all the remaining airdrop allocations

6. Leave the LP active for 6 months or until it's drained.

[Toreus Finance @toreusfinance]

GM! #kavafam
This week the devs have released the first version of our Lending market stats.

Fees accrued in May: $8000+

All of which distributed among stakers/lockers and those with vesting rewards.

Check it out here: https://t.co/dfiqkxWHr9

[Toreus Finance @toreusfinance]

Round 2 out of 12 Airdrops is live!

Make sure to claim your Airdrop before it expires 💪

All Airdrop claims will vest over 3 months, just like our vested rewards for the Toreus Lending Market.

Check it out here: https://t.co/DGTO6hIhYT

[Toreus Finance @toreusfinance]

We've upgraded the security of the Toreus Protocol.👮‍♂️

All our post-deploy items have been completed and therefore we have moved the ownership of the contracts to the Toreus Multisig (3/4).

We continue to work on improving the experience in the upcoming weeks. Stay tuned 👀