abacus

🚨 Abacus has uncovered a critical security vulnerability involving a malicious actor with owner privileges. What does this mean? * Abacus will be shutting down permanently. * Rewards will not flow to vaults or qLQDR or be bought back * We will provide a redemption UI entrypoint (ie: gate) to ensure tokens can be redeemed. * All rewards from last epoch aimed for wrappers/qLQDR will be distributed proportionally.

👉Abacus stable LP redemptions are now available Eligible LP holders are based on being part of the original snapshot and only for Stable LPs. Available LPs for redemption: abcPHAR/PHAR abcRAM/RAM liveTHE/THE abcLYNX/LYNX Join and open a ticket: discord.com/invite/tFHQBXk…

👉abcLYNX redemptions are now available. Abacus redemption rollouts continue with abcLYNX abacus.tech/VeClaim/abcLYNX Claiming is simple: * Connect your wallet * Claim your veLYNX Staked and liquid abcLYNX are redeemable. Visit our discord for help if you need it!

@torrentfox Yes, you must connect with us on discord if you are an LP owner.

@AbacusFi Should we connect you if we are a LP owner? or will it be automatic like staked liveTHE?

👉 liveTHE redemptions are now available. abacus.tech/VeClaim/liveTHE Claiming is simple: ➡️Connect your wallet ➡️Claim your veTHE Staked and liquid liveTHE are redeemable. As mentioned previously, LPs will be handled on a case-by-case basis after redemptions are completed.

@quangan65175798 Soon, new year

@AbacusFi When LQDR?

Read our medium post about how we discovered a day 1 adversarial actor and how we dealt with it. @theennead.farm/abacus-security-infiltration-f6b4c5d8c20d" target="_blank" rel="nofollow noopener">medium.com/@theennead.far… We would like to thank the team at @_SEAL_Org for their ongoing work protecting the community and the Kingdom chads for helping us recover. @keccakdog

@Defipeniel The contract was mostly redeemed within 24h.

🚨 Abacus has uncovered a critical security vulnerability involving a malicious actor with owner privileges. What does this mean? * Abacus will be shutting down permanently. * Rewards will not flow to vaults or qLQDR or be bought back * We will provide a redemption UI entrypoint (ie: gate) to ensure tokens can be redeemed. * All rewards from last epoch aimed for wrappers/qLQDR will be distributed proportionally.

👉abcRAM redemptions are now available. Abacus redemption rollouts continue with abcRAM abacus.tech/VeClaim/abcRAM Claiming is simple: * Connect your wallet * Claim your veRAM Staked and liquid abcRAM are redeemable. Join our Discord for further information.

🗒️abcPHAR redemption gate is now online The long-awaited redemption gate for abcPHAR is now online. abacus.tech/VeClaim/abcPHAR This is the beginning of our redemption rollout. Claiming is simple: * Connect your wallet * Claim your vePHAR 👉Stage 1: staked abcPHAR First redemptions are open for those users who were staked in the autocompounding vault or held liquid abcPHAR. Stage 1: Staked/liquid abcPHAR Stage 2: abcPHAR/PHAR LP participant More redemptions will most likely open by next epoch. As noted, LPs will be handled by a case-by-case basis as we move through the stages. Thank you for your attention to this matter!!

@defidonny @GBHK 🫡

@GBHK @AbacusFi Graceful wind down. Thank you for all you have done for the ve3,3 ecosystem.

It's a sad day to see @AbacusFi winding down following a security incident. qLQDR/ $LQDR and wrapper holders should check their latest announcement for the next step. TLDR: "The snapshot is already complete. Do not purchase tokens expecting to be included."

@JaviChu__ @block_dam We didn't fail to protect liquidity -- most of the liquidity in the LQDR BSC pool was organic and not owned by us. We warned everyone to remove their LPs.

@block_dam @AbacusFi 这种卧底级渗透真是DeFi里的高危剧本啊兄弟

一觉醒来，法老系战略伙伴的ve33元治理协议 @AbacusFi 被朝鲜佬渗透了嘛？紧急封停合约并警示迁移。 Abacus团队前几天在 Discord 公开了一个严重的安全漏洞，一个团队“演员”长期渗透开发工作，该“演员”已获得了合约的所有权。但是幸运地是，被团队及时发现了，为了资金安全，立刻停止协议工作，以至于连流动性都忘记保护了，导致项目代币 $LQDR 大崩盘。 虽然，但是，这个团队演员是不是朝鲜哥们，团队团建一直不出现逮出来的？🤡 Abacus是一款专注于各大法老新兴ve33项目的流动性封装层协议，简而言之，就是做 veToken的流动性退出和 廉价veToken购买通道。ve持有者可以折价将自己的veToken卖出，获得一部分本金；场外用户可以廉价获得veToken；项目方可以从中吃到不菲的抽水。Win Win。 在前几个月介绍另外一个元治理协议 @Penpiexyz_io 的时候我讲到其实有一些现金奶牛协议，其中就包括 abacus。 Link: x.com/block_dam/stat…

@archtuxfan Not a rug whatsoever. A painful departure.

Beautiful Rug

🚨Abacus shutting down 🚨 • No bad debt • 1:1 redeem confirmed • Do NOT markey buy wrappers • liveTHE alternative: eTHENA I'll break it down 👇 1/12🧵

We would like to thank all of our marketing friends on Twitter who have helped propel liveTHE and Abacus to amazing heights over the years. Thank you for your hard work. ⛵️🫡

If you require further support please join us on our discord discord.com/invite/tFHQBXk… We'll be here to help you every step of the way. Until then 🫡

Important: Abacus is closing 📷, After this incident, Abacus will permanently shut down. There is no coming back from long-term infiltration unfortunately. * Conversions disabled forever * Only redemptions through snapshot gate will function 😢This is the end of our journey. Thank you for everything over the last few years. We'll be posting a more in-depth medium article in the coming weeks.