Toreus Finance

GM Kava/Toreus Community! We would like to provide you with an important update regarding the sunsetting of the Toreus protocol, building on our previous communication. (1/x) 🧵

If you remain interested in the Kava ecosystem and are exploring new opportunities to utilize your assets, we recommend taking a look at @MareFinance & @PinjamLabs .

You can now access the new TORE-WKAVA trading pair on @SushiSwap . To get started, please follow this link: sushi.com/swap?chainId=2…

GM Kava/Toreus Community! We would like to provide you with an important update regarding the sunsetting of the Toreus protocol, building on our previous communication. (1/x) 🧵

🧵7/7 We want to thank the Kava team and our partners for our ongoing conversation and brainstorm sessions. But most of all we are grateful for the amazing community we've built over the past months. We're deeply sorry Toreus did not grow out to the heights we all wished for.

🧵6/7 5. After all $TORE lockers are unlocked (3 month period max) we will distribute all the remaining airdrop allocations 6. Leave the LP active for 6 months or until it's drained.

🧵1/7 TOREUS SUNSET Earlier this year we set out on a mission to boost the Kava-EVM #DeFi ecosystem by providing an effective lending infrastructure. After a successful TGE and jumpstarting an amazing community Toreus took quite some hits.

GM! #kavafam This week the devs have released the first version of our Lending market stats. Fees accrued in May: $8000+ All of which distributed among stakers/lockers and those with vesting rewards. Check it out here: toreus.finance/stats

Round 2 out of 12 Airdrops is live! Make sure to claim your Airdrop before it expires 💪 All Airdrop claims will vest over 3 months, just like our vested rewards for the Toreus Lending Market. Check it out here: toreus.finance/airdrops

We've upgraded the security of the Toreus Protocol.👮‍♂️ All our post-deploy items have been completed and therefore we have moved the ownership of the contracts to the Toreus Multisig (3/4). We continue to work on improving the experience in the upcoming weeks. Stay tuned 👀