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@AbstractChain 0x1997821dcaf2390e5ee5a30b8e97aaf4d27bc99a

Drop your AGW if you believe in Abstract ⬇️

@0xCygaar I completely agree with the team.💚🚀

Since you guys keep QTing this post, I'll address some points here: - We made slight adjustments to the XP given to top NFT collections (by onchain activity, volume, market cap). We updated the calculation for many of the longtail collections because we received many reports of people mass holding super cheap NFTs to farm large amounts of XP. NFT projects that are no longer active were diluting the rewards for active NFT builders - this is not the behavior we want. - We will introduce a more dynamic system for NFT holdings designed to reward the most active collections starting next week. This system will adjust week by week and look at trading volume + onchain activity + overall ecosystem participation (ex. building interesting apps with your IP). - For memecoin holdings, we were basing the XP given based off of inflated trading volume and price data. A lot of this was done to soften the blow from the steep price decreases seen throughout crypto since October. We have since updated our internal values to be up to date which resulted in a decrease in memecoin XP. Starting next week, we will ramp up the XP given to memecoin teams actively building their IP and growing their holder base. - As communicated to our app builders previously, there will be an influx of XP given to teams creating onchain usecases, onboarding new users to Abstract, and building innovative mechanics. Several of these teams will be launching new apps and mechanics in the coming weeks. - We originally didn't want to change the calculation for holdings too much, which is why I tweeted the below tweet 3 weeks ago. However, after doing a deep dive into the XP distributed to inactive projects as well as going through the reports our community had flagged to us about XP abuse, we had to make changes to better reward those that are still active onchain participants in the ecosystem.

@notjumg @AbstractChain 🤣😂🤣

be @AbstractChain Make your users hold trash NFTs for XP then just slash their rewards 2-3x overnight Someone once had a good idea: reward users with XP for holding assets. It kept memes and NFTs alive during a bad market. And now the team decided to kill that too Changes for other activities either stayed the same or were insignificant compared to what happened to NFT holders My $1000 NFT bag (now worth ~$800, thanks) used to generate 30k XP/week Now it gives 13k Congrats on killing the last bit of activity left in your ecosystem Green Chain ⮕ Red Chain

Everyone needs to stop with the FUD. Everyone was complaining over the past few weeks that XP inflation had gone through the roof. Now XP rewards across activities have been cut hard - and everyone’s complaining again. What the hell is going on? Big holders are upset because their trash NFTs no longer generate XP. Disappointed? Of course - everyone wants to sit back and earn without doing anything. Personally, I think the NFT XP nerf might have been too aggressive, but overall it’s a step in the right direction. This situation once again proves that most NFTs were only being held for XP farming. Dead, rugged collections kept generating XP - which makes no sense. What was the point of that system? From my perspective, the Abstract team is simply doing what benefits the chain long-term. How does holding low-quality NFTs improve on-chain metrics? Why not encourage large holders to provide liquidity on platforms like Aborean or Kona instead, if they want to earn passive XP?

I just earned 43,161 XP on @AbstractChain! 🎉

The latest XP update is now live on the Portal. Check yours below.

i've been a CEO before. the hardest decisions are those which are painful in the short-term and require deep conviction in your vision. Devin’s belief that this is the best path for both opensea and our community reflects his long-term outlook for the company. and there aren't many CEOs who, when presented with the same situation, would decide to give back millions rebuild trust with their users. i just hit my one year anniversary at opensea. this is one of the few companies in our space that’s truly trying to make an impact at scale. to genuinely change the way the world interacts with digital assets, and to onboard millions more into crypto. opensea is building incredible things. one place for all of your assets, all of your blockchains, all of your wallets, all in your pocket. and with complexity abstracted away. double click apple pay to convert fiat. pay for anything, with anything, without worrying about bridges or chains. and the technical foundations to grow and scale. like many of you, i’ve been personally looking forward to $SEA since before I joined. i’m with you. but i also want to see it set up for long-term success and sustainability. until then, we keep building.

an update on $SEA. the team has been building at full speed, and the foundation had planned to kick off the first steps as part of our march 30th event. but @openseafdn is pushing back the timeline. a delay is a delay. i’m not going to dress it up, and i know how it lands. the reality is that market conditions are challenging across crypto right now, and $SEA only launches once. @openseafdn could force the original date, or we could ensure every piece is in place and make this moment what this community deserves. we gave a tremendous amount of thought to how to do right here. I’m thankful to @HollanderAdam for bringing the community’s voice into every conversation. we’ll be doing the following: no more waves: the current rewards wave will be our last. optional fee refund: recognizing that we originally committed to a Q1 date, we’re offering refunds of the platform fees we retained while participating in the rewards waves (3 - 6) that followed our timing announcement. if you like, you can receive a refund of those fees, which when combined with treasure chest prizes, essentially means all of your trading during that period was on us. if you opt for a refund, the Treasures you were awarded during these waves will be removed from your account. details on this process will follow. honoring existing Treasures: for Treasures you continue to hold, our prior commitment stands: they will be meaningfully considered by the Foundation at TGE. this is independent from allocations for historical activity. 0% fees for 60 days: starting on march 31st, opensea will reduce our own token trading fees to 0%. we want to make it a no-brainer for everyone to experience our new platform: cross-chain token trading, mobile app, perps and more. after this 60 day period, we will put a new system in place that makes fees significantly more competitive for anyone trading consistently on opensea. product updates: while we’re postponing our march 30th event, we’ll host a separate one in the coming months focused on product updates. it’s been incredible to see the early responses to our mobile app, and we can’t wait to get it into more people’s hands. so if not now, wen? when we announced last year, it was too early. that created unnecessary uncertainty and reactivity. so when the Foundation sets a new timeline, it will be deliberate and specific. here’s why i’m confident that’s the right move: i’ve been building opensea for almost a decade. when this started, we were two people and the only thing you could trade on OS was cryptokitties. i’ve watched this space go from a niche curiosity to billions in volume to where we are today. the thing that’s carried us through every cycle was a willingness to make hard calls when it mattered. when our market crashed, we rebuilt from zero: an entirely new stack, a new product, and a new team culture. that hurt in the short term. but today OS2 is undeniably the strongest marketplace offering, and it’s the foundation everything sits on. we have huge ambitions as a company, and we’re here for the long game. making all of non-custodial crypto delightful on mobile is just the beginning. that means we have to set a very high bar for everything we do, and it’s why i’m so protective of delivering a launch that’s worthy of this community and everything we’re putting into this.

@AbstractChain DONE!💚🚀

New Flash Badge is live on the Portal 👀 This badge is available to any user who LP’s any amount into Gate DeFi Pools on Abstract. Are you claiming this badge?

@chrismaddern @opensea The one thing I'm hoping OpenSea Mobile gets right — actually being built for mobile, not just a webapp squeezed onto a small screen. Fast search, one-tap bidding, and real-time alerts when the floor moves on collections I'm watching. That would be the killer feature.💚🚀

who wants to get onboarded to @opensea mobile this week? we’re expanding the private beta to another 50 users interested? drop a reply in the thread 👇 what’s one thing you hope OpenSea Mobile can do better than other crypto apps… I’ll dm 10 interesting answers tonight 🙏🫶

@Gate @AbstractChain @Aborean 🔥🔥🔥

Want to supercharge your earnings? Gate has partnered with @AbstractChain and @Aborean to launch the Gate Boost Campaign, a multi-layer liquidity incentive program. 🔹 Fast & Cheap: Ethereum Layer 2 for faster, cheaper transactions 🔹 Earn More: Get trading fees, governance tokens, and ecosystem rewards 🔹 Full Control: Transparent, verifiable rewards with wallet-linked verification Gate’s on-chain liquidity just got stronger. Are you ready to earn? Learn more: gate.com/announcements/…

BREAKING: There will be no SEC decision on the Pudgy $PENGU ETF today. Because the filing was quietly withdrawn weeks ago. The listing application SR-CboeBZX-2025-081 was withdrawn on January 23, 2026 just 16 days after the extension everyone covered. Every document on the SEC page now shows: (WITHDRAWN 01/23/2026) 1/ Quick timeline: • June 2025 → Cboe files the Canary PENGU ETF (first memecoin + NFT hybrid ETF) • Jan 7, 2026 → SEC extends decision deadline to March 11 • Jan 23, 2026 → Filing withdrawn Which means the March 11 deadline everyone was waiting for...was already dead in January. 2/ Important nuance: This isn’t a rejection. ETF filings get withdrawn and refiled all the time (Bitcoin and ETH ETFs went through multiple rounds before approval). Also worth noting: The S-1 registration is still active. Only the 19b-4 exchange listing application was withdrawn. 3/ Where things stand today: • SR-CboeBZX-2025-081 → withdrawn • No replacement filing yet • March 11 decision → irrelevant Meanwhile Pudgy keeps doing what it does: - Retail distribution. Brand activations. - 360B+ views. - ETF or not, the IP machine keeps running. But if you were waiting for March 11 news… Now you know why nothing came. Drop a repost so others still waiting on that deadline get the real update. NFA. Just research.

We have always taken a longterm approach to building Abstract. There have been numerous opportunities over the last 2 years for us to take shortcuts and pump up vanity metrics to appease critics. It's actually much easier than you might think it is. But we instead decided to build our ecosystem organically and work with teams that also want to build sustaining products that can achieve strong PMF. Most of the teams that came to quickly extract have either left or shut down at this point. In an ideal world, teams would have their exact plans perfect on day one. But that has never happened in the history of product building. The best thing you can do is learn and adapt your actions based on the feedback and demand you get. So we'll continue to do that as we grow our products and ecosystem. I'm incredibly excited for what's to come for Abstract.

@vitlus @AbstractChain @MoodyMights A beautiful result, keep it up, the abstract above all else.💚🚀

Happy @AbstractChain XP day everyone! This week @MoodyMights takes the XP crown!

@DeanRossouw3 A beautiful result, keep it up, the abstract above all else.💚🚀

Top 1% of XP Earners for week 58 earning 139,897 XP! 🟢$PENGU Holder 1 🟢Gold Tier 2 🟢Graduated Elite Chad 🟢32 Badges 🟢8 SBT's Once again setting personal XP records 😃 Grab your virtual card and start spending your crypto! Use my code 2MZ6IDND or this link go.kast.xyz/VqVO/2MZ6IDND to download KAST - Global Stablecoin Banking - and earn a welcome gift in the form of KAST points. #Abstract $PENGU #PudgyPenguin #TollanUniverse #MOG

@g4bika @TollanUniverse @spellborne @Khugaverse A beautiful result, keep it up, the abstract above all else.💚🚀

Considering we were told not to be surprised if we got less XP, the XP was almost a personal record. I played the most with the @TollanUniverse , but @spellborne and @Khugaverse were also running a lot alongside it. What about your XP? 😎