Effective Monday, 5 pm EST, the @foundation platform will be decommissioned and will not be brought back online by the Blackdove team. - @TransientLabs is offering a migration option. - All assets from FND have been pinned by the community separately from the platform to ensure availability in the future. Any questions related to this next phase can be posted tagging the @foundation account.

Aave service providers and ecosystem partners have established a recovery fund that factors in pending DAO votes, including the Arbitrum governance vote, indicative agreements, and successful execution to restore rsETH’s full backing. We are DeFi United, and resolving this for affected users and the broader DeFi ecosystem is our top priority. We have aligned with @KelpDAO and @LayerZero_Core on the technical steps required to execute our plan. That work is now moving forward. Thank you to everyone who contributed to DeFi United and to the thousands of community members who stood with us throughout. Watching the DeFi community come together has been genuinely inspiring. The final recovery plan, steps for users, and further updates will follow shortly.

Litecoin incident post-mortem is out. > 0day bug that wasn’t properly patched across all mining pools > caused a block re org > doesn’t seem like user funds affected > all mining pools are properly updated now > chain is back to normal > hardly anyone really seemed to notice (or care) > another exploit Insane how many exploits are happening within such a short time span.

airdrop farmers are trying to sybil @aave charity fund (defi united) aave launched this rescue mission to help rsETH victims, but look at the data: - tier 4 (0.001 - 0.01 eth): 1,060 wallets - tier 5 (< 0.001 eth): 10,949 wallets (79% of total) thousands of people are sending exactly $1 to this fund, hoping to get a "thank you" airdrop later farmers officially have no soul, but the math is interesting if you want to join, tier 4 looks like the best asymmetric bet compared to the $1 spam in tier 5 absolute cinema

Shitpost as a smart contract ✨ Infinite auction ✨ A continuous, 24-hour auction that never ends, where the highest bidder at the end becomes the new owner. The winning bid is paid forward; every round rewards the previous winner. https://auction.rudxane.xyz/

1. fuck these guys 2. the PND app i created to preserve your work now supports auctions on FND contracts (in addition to delisting)

This post makes it seem like Blackdove coordinated with us on migration/shutdown. That's not the case. We've been working on this on our own to make sure creators have a home once Foundation fully shuts down. It looks like that timeline has been accelerated to Monday. We're doing our best to get something good & well-tested shipped by mid-week. We don't like shipping broken software so Monday isn't realistic to ship something out to the public. You'll hear from us first when the feature is live for everyone. 🚀

Fuck it, enforced royalties this week. In addition to importing contracts from Foundation, we're going to deploy v4 of our creator contracts that enforce royalties via @limitbreak 's transfer validator. Once live, any new contracts deployed through Transient will enforce royalties on all secondary sales, even on OpenSea. Royalties are too important to let die without a fight. 🚀