Hey everyone ✌🏻 Some important information you should know

Question

Hey everyone ✌🏻 Some important information you should know

📃

- We have momentarily disabled the UOS swap function from UOS Mainnet —> UOS ERC-20

- The reason is a change in the fees charged by our 3rd party provider, Pnetwork starting from 28.03.2024

- Until the 28.03 there was almost 0 fees for swapping. Which was because Pnetwork was subsidizing the swap for our community. Due to internal changes in their operations they changed their swap subsidies.

How will this affect Ultra?

When we re-enable the swap function from Ultra Mainnet - ERC-20 , the fees will be different. The difference will be that now ETH gas fees + a Flat rate minimum will be applied. The exact amount will be informed when we re-open it.

For anyone who swapped from 28.03 until today , and was affected by this new structure without previous knowledge of this , Ultra will reimburse those wallets

#blockchain #cryptocurrency #english #ultra.io

0

15.04.2024

5 ответов

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Patrick - Ultra.io Автор вопроса

SASUKE UCHIHA
this does mean ultra will keep Pnetwork as their b...

yes

0

14 дней назад

TAO UNIVERSE

Pnetwork have big financial problems. Do you planned a plan B ?

0

14 дней назад

Alex Harper

TAO UNIVERSE
Pnetwork have big financial problems. Do you plann...

I’m also really hoping there’s a plan B. They seem like a potentially critical third-party liability that we could do without longterm, particularly with the fact that a lot of hacks occur around issues with bridges. I still have PTSD from a couple exploits 😂 Anyone know of any other EOSIO-EVM bridging solutions? 🤔 I’m afraid I don’t.

0

14 дней назад

robert fox

Alex Harper
I’m also really hoping there’s a plan B. They seem...

Chintai is using fireblocks, but they might be looking into other ones also.

0

14 дней назад

SASUKE UCHIHA · Accepted Answer

SASUKE UCHIHA

this does mean ultra will keep Pnetwork as their bridge partner im assuming ?

0

14 дней назад

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Hey everyone ✌🏻 Some important information you should know

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