
Hey SpinUp community; we owe you transparency about where things stand.
Effective today, SpinUp is moving into maintenance mode and the points program will be paused. This isn’t about “waiting for market conditions.” It’s about clarity and focus; we won’t keep this community in limbo with shifting expectations.
What this means:
- Points Snapshot: Accrual pauses at 12:00pm UTC today. A final snapshot will be taken at that time (covering all point sources — staking, trading, lending, referrals/multipliers, bonuses). Existing point balances are preserved as-of the snapshot.
- No TGE Timeline: There is no SpinUp TGE timeline at this time.
- Maintenance Mode: The protocol remains accessible. Users can continue to access the app and withdraw as normal. Updates are limited to bug fixes only (no active feature development).
The 90-Day Decision Gate: In 90 days, we will re-evaluate and publish either:
1. a concrete plan to restart development, or
2. a formal sunset with clear next steps.
Thank you to everyone who participated; we know time and capital aren’t free. We’re choosing to be clear today rather than drag this out.
Questions? Please reach out in our Discord support channel.
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