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Step☀️

@StepFinance_

Powering: @RemoraMarkets @SolanaFloor https://t.co/pIgx4J60BP

Solana Katılım Mart 2021
679 Takip Edilen86.5K Takipçiler
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Step☀️
Step☀️@StepFinance_·
Today we are announcing that Step Finance, SolanaFloor, and Remora Markets will be winding down all operations. Following the hack at the end of January we explored every possible path forward, including financing and acquisition opportunities. Unfortunately, we were unable to secure a viable outcome and have made the difficult decision to end all operations effective immediately. We are working on a buyback for STEP holders based on a snapshot prior to the incident, and a redemption process for Remora rToken holders. Remora tokens remain backed 1:1. We are deeply grateful to our community for the support over the years and are confident that this is the best outcome given the circumstances. We want to thank our millions of customers over the years for joining us on this journey. More details will be shared soon
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aaronov
aaronov@aaron0v·
Now that I've had time to process things - I want to share a post-mortem on the security incident that led to our treasury being drained - and ultimately what led to the decision to shutdown operations. - This was not a smart contract exploit - It was not a protocol or infrastructure failure It was a long term targeted phishing attack against our team. 🧵
aaronov@aaron0v

Planning to write a post-mortem/learnings on the recent events and the past 5 years working in this ecosystem. Stay tuned.

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G☀️@George_harrap·
Glad that Solanafloor continues and we were able to get the acquisition done with a solid ecosystem team It is in good hands x.com/SolanaFloor/st…
SolanaFloor@SolanaFloor

SolanaFloor is back. As of today, we are thrilled to announce that SolanaFloor has been acquired by @jito_sol and will resume operations under the Jito Foundation’s ownership while maintaining full editorial independence. After announcing a wind-down in February 2026 following an exploit tied to our parent organization, we explored external financing and acquisition options. However, the team was unable to secure a viable path forward at the time, leaving a gap in independent coverage of onchain activity across the Solana ecosystem. Now, we can resume operations. While SolanaFloor will operate under Jito Foundation ownership, all editorial decisions including story selection, data presentation, and coverage priorities will remain fully independent of Jito Foundation’s activities, partnerships, and interests. The mission remains unchanged: documenting the ongoing rise of the Solana ecosystem and providing clear, unbiased research and journalism. It’s a critical time for the chain. Spot $SOL ETFs have crossed $1B in AUM. The ecosystem is gradually institutionalizing. New DeFi tools and integrations emerge every day. The need for independent Solana coverage has never been more apparent. “When SolanaFloor went dark, the ecosystem lost something difficult to replace,” said @brian_smith_0 , President of Jito Foundation. “This acquisition is about filling the gap with a platform that operates from a position of editorial independence. Jito has a long term stake in the health of the Solana ecosystem, and that means investing in the infrastructure and public goods that keeps the community informed.” Additional details on the relaunch -- including editorial structure, commercial offerings, and team updates -- will be shared soon.

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aaronov
aaronov@aaron0v·
The last few weeks have been quite the rollercoaster, but I'm stoked we were able to find a new home for SolanaFloor and the team behind it. I think they'll be in good hands with @jito_sol, and continue to give you unbiased coverage of Solana. 🫡
GIF
SolanaFloor@SolanaFloor

SolanaFloor is back. As of today, we are thrilled to announce that SolanaFloor has been acquired by @jito_sol and will resume operations under the Jito Foundation’s ownership while maintaining full editorial independence. After announcing a wind-down in February 2026 following an exploit tied to our parent organization, we explored external financing and acquisition options. However, the team was unable to secure a viable path forward at the time, leaving a gap in independent coverage of onchain activity across the Solana ecosystem. Now, we can resume operations. While SolanaFloor will operate under Jito Foundation ownership, all editorial decisions including story selection, data presentation, and coverage priorities will remain fully independent of Jito Foundation’s activities, partnerships, and interests. The mission remains unchanged: documenting the ongoing rise of the Solana ecosystem and providing clear, unbiased research and journalism. It’s a critical time for the chain. Spot $SOL ETFs have crossed $1B in AUM. The ecosystem is gradually institutionalizing. New DeFi tools and integrations emerge every day. The need for independent Solana coverage has never been more apparent. “When SolanaFloor went dark, the ecosystem lost something difficult to replace,” said @brian_smith_0 , President of Jito Foundation. “This acquisition is about filling the gap with a platform that operates from a position of editorial independence. Jito has a long term stake in the health of the Solana ecosystem, and that means investing in the infrastructure and public goods that keeps the community informed.” Additional details on the relaunch -- including editorial structure, commercial offerings, and team updates -- will be shared soon.

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SolanaFloor
SolanaFloor@SolanaFloor·
SolanaFloor is back. As of today, we are thrilled to announce that SolanaFloor has been acquired by @jito_sol and will resume operations under the Jito Foundation’s ownership while maintaining full editorial independence. After announcing a wind-down in February 2026 following an exploit tied to our parent organization, we explored external financing and acquisition options. However, the team was unable to secure a viable path forward at the time, leaving a gap in independent coverage of onchain activity across the Solana ecosystem. Now, we can resume operations. While SolanaFloor will operate under Jito Foundation ownership, all editorial decisions including story selection, data presentation, and coverage priorities will remain fully independent of Jito Foundation’s activities, partnerships, and interests. The mission remains unchanged: documenting the ongoing rise of the Solana ecosystem and providing clear, unbiased research and journalism. It’s a critical time for the chain. Spot $SOL ETFs have crossed $1B in AUM. The ecosystem is gradually institutionalizing. New DeFi tools and integrations emerge every day. The need for independent Solana coverage has never been more apparent. “When SolanaFloor went dark, the ecosystem lost something difficult to replace,” said @brian_smith_0 , President of Jito Foundation. “This acquisition is about filling the gap with a platform that operates from a position of editorial independence. Jito has a long term stake in the health of the Solana ecosystem, and that means investing in the infrastructure and public goods that keeps the community informed.” Additional details on the relaunch -- including editorial structure, commercial offerings, and team updates -- will be shared soon.
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Remora Markets
Remora Markets@RemoraMarkets·
As part of the wind up process, Remora has now made available USDC exit liquidity for Remora rTokens placed at market close friday pricing. Liquidity is deployed on manifest but is picked up by your favourite swap router Jupiter, Titan or others. Users are able to swap their rTokens at the current market price via these avenues. Please IMMEDIATELY swap available rTokens for USDC as Remora is now being wound up and tokens are unsupported and will have no value. Thank you for your patience and support of our project. - Remora Team
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aaronov
aaronov@aaron0v·
If you're looking for chad developers, product and project managers, designers, BD folks, essentially most roles - shoot me a DM with info and I can pass it onto our team who will be looking for new roles.
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Remora Markets
Remora Markets@RemoraMarkets·
Today we are announcing that Remora Markets will be winding down operations, effective immediately. All Remora rTokens remain fully backed 1:1, as they always have. We are currently working on a redemption process to allow holders to redeem their tokens for USDC, and will share full details shortly. Following recent events impacting our parent company, Step Finance, we explored paths to continue operating but were ultimately unable to find a sustainable way forward. We are grateful to our users, partners, and the broader Solana community for their trust and support. Further updates will be shared soon.
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SolanaFloor
SolanaFloor@SolanaFloor·
Today we are announcing that SolanaFloor will be winding down operations, effective immediately. Since its founding, SolanaFloor has worked to document and contextualize the growth of the Solana ecosystem. What began as a small X account grew into one of the most widely read and watched media platforms covering Solana. Following recent events impacting our parent company, Step Finance, we explored paths to continue operating but were ultimately unable to find a sustainable way forward. We are deeply grateful to our readers, viewers, guests, partners, and the broader Solana community for trusting us and being part of this journey. SolanaFloor will no longer publish new content, but our existing website, videos, and newsletters will remain available as an archive. Thank you for being part of SolanaFloor.
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Step☀️
Step☀️@StepFinance_·
Post incident, we want to warn our community to watch out for any opportunistic phishing attempts that may arise. One just shared in our Discord today. We also want to reiterate that no remediation solution for token holders has been determined yet.
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SolanaFloor
SolanaFloor@SolanaFloor·
Solana Weekly News is LIVE on X! 💸 Goldman Sachs $SOL Investment 👀 Solana Perps DEXs Get Snubbed ☁️ $JUP Holders Await Airdrop News ...and more top stories of the week. x.com/i/broadcasts/1…
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Step☀️
Step☀️@StepFinance_·
STEP Token Reminder: We advise against engaging with the STEP token. A snapshot has been taken from prior to the exploit, and any solution for STEP token holders will be based solely on this snapshot. Transactions occurring after the snapshot will not be considered in any future solution. Further updates will be shared once finalized.
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G☀️
G☀️@George_harrap·
You need that psycho energy to bounce back from a negative thing. We will bounce back like never before No option. No brakes.
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SolanaFloor
SolanaFloor@SolanaFloor·
📈ETF DATA: @Solana spot ETFs recorded $5.6M in net inflows yesterday, led by $BSOL with $3.4M, bringing total net inflows to $887M.
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gum
gum@gumsays·
Gutted to see what happened with @StepFinance_ being hacked for almost $40M If you think it's an inside job you're absolutely retarded They were my first interaction with @solana (their portfolio product) and also the ones who gave me my first opportunity in crypto They have been in the Solana ecosystem longer than almost any of us and have never given up, always experimenting, working on new products and initiatives like Allstars, SolanaFloor, Data Insights If there are people who can bounce back its George and his amazing team Watch out for what they do next, it is in these moments that legends are made and I believe this is one of those moments, Remora being a path for that to happen
Remora Markets@RemoraMarkets

At this time all Remora rStocks involved in the incident have been recovered by the Step Finance team. Please note in some case this incident may have temporarily slowed operations. The Step Finance team will provide a larger update of the weekend's events in the coming days. Reminder all Remora tokens are backed with an equivalent share held 1:1 with our broker regardless of any slowed operations caused by the incident.

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G☀️
G☀️@George_harrap·
HES a NUT he’s crazy in the COCONUT What does that mean ? It means tomorrow we aim to: - re establish accurate pricing on remora assets (all is good they always 1:1 backed) - additional info for step holders - continue review of security polices - work on [REDACTED] plan - not cancel stuff we had planned before coz we goin balls to the wall on everything. - have some calls with strategic partners that will increase utility - check my emails for once - other shit I can’t remember
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Step☀️
Step☀️@StepFinance_·
Statement on Recent Security Incident In the early afternoon hours of 31 January (APAC), approximately $40M was drained from the Step Finance treasury. This was a result of our executive team’s devices being compromised. Immediately after detecting the breach, we began working with leading cybersecurity researchers and relevant authorities to contain the incident, secure remaining systems, and investigate the attack. Law enforcement has been notified and we are cooperating fully. To protect users and partners, we temporarily halted several operational activities while security measures were reinforced. Step Finance was the largest liquidity provider to Remora Markets, and LP activities will resume once systems are fully secured. Remora Markets remains isolated from this incident, and all rTokens remain backed 1:1 with custodial collateral. Through built-in security protections in Token22 and rapid coordination with partners, Step Finance was able to recover approximately $3.7M in Remora assets and $1M in other positions at the time of writing. We understand the seriousness of this situation and the impact it has on our community. We ask for your patience as we work with our partners to determine the safest and most responsible path forward. All official updates regarding this incident will be shared exclusively through this account. At this time, we do not recommend anyone engage with the STEP token until our investigation is complete. A snapshot will be taken from before the exploit, and we are actively working on a solution for STEP token holders. We will share further updates as soon as they are finalized. We are deeply grateful for the support from members of the Solana ecosystem and from our community. Our focus now is on security, recovery, and rebuilding with stronger safeguards in place. Regards, Step Team
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