Blend Protocol 🉐

An important update from the core team To cancel/delay the OG Deal for 12 September (today/tomorrow) was the least desirable thing that can happen. We’re sorry and we want to address any questions that you might have. Why is the OG Deal cancelled? At this moment, we don’t feel that the OG Deal valuation is aligned with the value that will be delivered in the next 2 months, while the OG vests. We want to do the right thing for the community and we have their best interests at heart. What's the status of the project? It’s actually live and running on Testnet with OGs helping us beta-test. Are things unrecoverable? No. There will be a plan moving forward. Once there is more information we’ll share it. Is the BOW Yield Strategy going ahead? Yes, and we are still excited about it! We feel the successful delivery of Blend Protocol and the BOW Yield Strategy will lead to some serious traction, a next GHOST flywheel and a new opportunity for all the community. Will there still be a public sale? Yes, there will still be a public sale. What will be done for OGs? We value the OGs and we’ll come with a adjusted plan for the OG sale, but at more attractive prices. A lot of effort was poured into making the OG Deal a success, and as much as we value the community, it didn’t feel right to move ahead at this moment. We're reassessing some things and we’ll share new updates shortly 🙏