Team any updates? It's been a week now almost. Not

Question

Bancor Protocol

Sai

Team any updates? It's been a week now almost. Not

even an update that we are progressing or any vague timelines. This is getting scary

#bancor #blockchain #cryptocurrency #english

0

26.06.2022

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Cham AmaZix · Accepted Answer

Check discord announcement, and I quote: An update for the Bancor community: We’re working hard on a solution to the current issues. Our priorities are first to make sure everyone remaining in the protocol is able to withdraw the full value of their deposits over time, and second, to harden the system with protections from black swan events in the future. It's vital that we keep the protocol sustainable or we’ll inevitably find ourselves in a similar situation. We’re assessing the solution now and once we feel it’s good enough, we’ll open up a proposed action plan to a broader discussion with the Bancor DAO. Thank you for bearing with us during this difficult time. We genuinely appreciate your support as we embark on the path to recovery and we’re confident we’ll emerge from this with a better, more resilient model.

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Team any updates? It's been a week now almost. Not

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