Update on the Treasury Grants for Affected Users of the KyberSwap Exploit
Previously, we announced that we would be extending a grant to each affected user of the exploit. We are currently finalizing the details of these treasury grants and will announce them on 20 December 2023 at 14:00 UTC. We apologize for this delay, and appreciate your understanding and patience while we ensure we do the best we can for our users.
In the meantime, we have created a Snapshot page to allow affected users to view the USD value of their affected positions, including fees, across all chains, as recorded one block prior to the exploit.
To check the USD value of your affected LP positions, simply connect your wallet and select [Snapshot] under the [Earn] tab. Alternatively, you can access the Snapshot page directly with this link: https://kyberswap.com/elastic-snapshot
For those whose wallets remain unaffected, a message will be displayed confirming your positions were not compromised.
We will follow soon with more official updates.
https://x.com/KyberNetwork/status/1730631569872916534?s=20
Previously, we announced that we would be extending a grant to each affected user of the exploit. We are currently finalizing the details of these treasury grants and will announce them on 20 December 2023 at 14:00 UTC. We apologize for this delay, and appreciate your understanding and patience while we ensure we do the best we can for our users.
In the meantime, we have created a Snapshot page to allow affected users to view the USD value of their affected positions, including fees, across all chains, as recorded one block prior to the exploit.
To check the USD value of your affected LP positions, simply connect your wallet and select [Snapshot] under the [Earn] tab. Alternatively, you can access the Snapshot page directly with this link: https://kyberswap.com/elastic-snapshot
For those whose wallets remain unaffected, a message will be displayed confirming your positions were not compromised.
We will follow soon with more official updates.
https://x.com/KyberNetwork/status/1730631569872916534?s=20
Kyberswap
KyberSwap - Limitless Access To DeFi
KyberSwap is a multi-chain aggregator and DeFi hub that empowers users with the insights and tools to achieve financial autonomy. All the above while being fast, secure, and easy-to-use.
KyberSwap Treasury Grant Program for KyberSwap Users affected by KyberSwap Elastic Exploit:
https://twitter.com/KyberNetwork/status/1737476792397574263
https://twitter.com/KyberNetwork/status/1737476792397574263
X (formerly Twitter)
Kyber Network (@KyberNetwork) on X
KyberSwap Treasury Grants: Thank you for your patience while we were finalizing details regarding the KyberSwap Treasury Grant Program for KyberSwap users affected by the KyberSwap Elastic Exploit. Details on the Treasury Grants program have been published.…
Update: Our team just released a UI update at https://kyberswap.com/elastic-snapshot, which reflects the categories (1,2,3,4,5) affected assets belong to. If you are an affected user, you can access it now to verify the categories your affected assets belong to.
Kyberswap
KyberSwap - Limitless Access To DeFi
KyberSwap is a multi-chain aggregator and DeFi hub that empowers users with the insights and tools to achieve financial autonomy. All the above while being fast, secure, and easy-to-use.
Update regarding the KyberSwap.com platform:
Dear Users, our team will be disabling the following products from our UI, from 28th December, UTC1015h until further notice:
1. KyberAI
2. KyberSwap Campaigns page
KyberSwap Aggregator and Limit Order is still working as normal. You can still trade almost any token across 15 chains at optimized rates on kyberswap.com. For any questions or clarifications, reach out to our team via our official community channels.
Dear Users, our team will be disabling the following products from our UI, from 28th December, UTC1015h until further notice:
1. KyberAI
2. KyberSwap Campaigns page
KyberSwap Aggregator and Limit Order is still working as normal. You can still trade almost any token across 15 chains at optimized rates on kyberswap.com. For any questions or clarifications, reach out to our team via our official community channels.
KyberSwap 2023 Recap:
Its been an eventful 2023, and we at KyberSwap would like to thank our community, collaborators and frens for all the love and support given during this past year 💚
Our Aggregator Growth was fire 🔥
💵 $4.2B Total Volume generated
📈 Over 3.8M Transactions processed
🌐 A significant user base increase with 902K Unique Users for the year
🆕 330+ new liquidity sources
🤝 Integration of our Aggregator API by MetaMask, Unibot, DeFi Saver, DEXTools, Dex Screener, Rabby Wallet, Polygon, Beefy and many more!
🔗 5 new chains: Base, Scroll, Polygon zkEVM, Linea & zkSync expanded our reach & accessibility.
A heartfelt THANK YOU to our KyberSwappers! We couldn’t have done it without you 🍾
Here’s to an even more successful 2024 ahead 🥂
KyberSwap | Discord | Twitter | Forum | Blog | Global Telegram | Vietnam Telegram | Instagram | Tiktok
Its been an eventful 2023, and we at KyberSwap would like to thank our community, collaborators and frens for all the love and support given during this past year 💚
Our Aggregator Growth was fire 🔥
💵 $4.2B Total Volume generated
📈 Over 3.8M Transactions processed
🌐 A significant user base increase with 902K Unique Users for the year
🆕 330+ new liquidity sources
🤝 Integration of our Aggregator API by MetaMask, Unibot, DeFi Saver, DEXTools, Dex Screener, Rabby Wallet, Polygon, Beefy and many more!
🔗 5 new chains: Base, Scroll, Polygon zkEVM, Linea & zkSync expanded our reach & accessibility.
A heartfelt THANK YOU to our KyberSwappers! We couldn’t have done it without you 🍾
Here’s to an even more successful 2024 ahead 🥂
KyberSwap | Discord | Twitter | Forum | Blog | Global Telegram | Vietnam Telegram | Instagram | Tiktok
Update to the Treasury Grant Program Timeline for KyberSwap Elastic Exploit Affected Users
The Treasury Grant UI is currently undergoing final internal testing, and the associated smart contracts are undergoing a comprehensive audit. However, in our commitment to ensuring a thorough and accurate process, we find it necessary to extend the Treasury Grant Program timeline for Affected User next steps. The updated timeline, also now reflected in the original announcement, is as follows:
January 19, 2024 - 14:00 UTC:
"Treasury Grant UI" Launch: Affected Users can complete the zk KYC verification process. Qualified Affected Users can select options to receive a Treasury Grant.
January 31, 2024 - 14:00 UTC:
Option Selection Deadline: Affected Users must complete the zk KYC process, and upon successful completion, select a Treasury Grant option, by this date.
February 6, 2024 - 14:00 UTC:
As per the initial schedule, Grant distributions are still set to begin vesting from February 1, 2024 - 14:00 UTC. However, the Grant Terms and Claim function will not be accessible on the Treasury Grant UI until February 6 - 14:00 UTC.
We appreciate your understanding as we ensure the accuracy and security of the Treasury Grant Program. We remain committed to stand by Affected Users.
The Treasury Grant UI is currently undergoing final internal testing, and the associated smart contracts are undergoing a comprehensive audit. However, in our commitment to ensuring a thorough and accurate process, we find it necessary to extend the Treasury Grant Program timeline for Affected User next steps. The updated timeline, also now reflected in the original announcement, is as follows:
January 19, 2024 - 14:00 UTC:
"Treasury Grant UI" Launch: Affected Users can complete the zk KYC verification process. Qualified Affected Users can select options to receive a Treasury Grant.
January 31, 2024 - 14:00 UTC:
Option Selection Deadline: Affected Users must complete the zk KYC process, and upon successful completion, select a Treasury Grant option, by this date.
February 6, 2024 - 14:00 UTC:
As per the initial schedule, Grant distributions are still set to begin vesting from February 1, 2024 - 14:00 UTC. However, the Grant Terms and Claim function will not be accessible on the Treasury Grant UI until February 6 - 14:00 UTC.
We appreciate your understanding as we ensure the accuracy and security of the Treasury Grant Program. We remain committed to stand by Affected Users.
🗳️KIP-30 Voting Time🗳️
Allocating remaining KNC in the Ecosystem Fund to the KyberSwap team for growth initiatives
KyberSwap team proposes that
KyberDAO allocates 100% of the remaining 11,829,402 KNC in the Ecosystem Fund to the team
$KNC voters, you are called to vote now! https://kyberswap.com/kyberdao/vote
Allocating remaining KNC in the Ecosystem Fund to the KyberSwap team for growth initiatives
KyberSwap team proposes that
KyberDAO allocates 100% of the remaining 11,829,402 KNC in the Ecosystem Fund to the team
$KNC voters, you are called to vote now! https://kyberswap.com/kyberdao/vote
🗣️ Calling all affected $mKNC holders
Since KIP-28 has been approved by the DAO, the team has set up a Limit Order for $mKNC → $KNC conversion on Arbitrum & Optimism and $mKNC → $axlKNC on Avalanche & Fantom. Users can now swap it on https://kyberswap.com/swap/.
Since $axlKNC is not liquid on Avalanche & Fantom, holders have 2 options to swap it to native $KNC:
1️⃣ Bridge $axlKNC using https://app.squidrouter.com/ from any chain to Ethereum to receive 1:1 native $KNC.
2️⃣ Bridge $axlKNC using https://app.squidrouter.com/ from any chain to Polygon and swap it to $KNC, depending on market rates. Be mindful that rates are not necessarily always 1:1 on Polygon, so check the rates before swapping.
The Limit Order will be opened for 2 months, up to 18/03/2024
Since KIP-28 has been approved by the DAO, the team has set up a Limit Order for $mKNC → $KNC conversion on Arbitrum & Optimism and $mKNC → $axlKNC on Avalanche & Fantom. Users can now swap it on https://kyberswap.com/swap/.
Since $axlKNC is not liquid on Avalanche & Fantom, holders have 2 options to swap it to native $KNC:
1️⃣ Bridge $axlKNC using https://app.squidrouter.com/ from any chain to Ethereum to receive 1:1 native $KNC.
2️⃣ Bridge $axlKNC using https://app.squidrouter.com/ from any chain to Polygon and swap it to $KNC, depending on market rates. Be mindful that rates are not necessarily always 1:1 on Polygon, so check the rates before swapping.
The Limit Order will be opened for 2 months, up to 18/03/2024
Treasury Grants Processing and Recovered Funds Redemption Batch 2 Timeline Updates
The deadline for Batch 2 Affected Users to complete zkKYC has been extended to March 13 - 14:00 UTC.
The Treasury Grant claim date for Batch 2 Affected Users has been updated to March 20 - 14:00 UTC.
Batch 2 includes:
• Type 1. Third Party Affected Users of DappOS, Pendle, Magpie/Penpie and Equilibria (and also Tetu, as of March 6)
• Type 2. Affected Users with Multisig/AA/Safe/Other Contract Affected Addresses
• Type 3. Normal cases of Affected Users who missed the January 31 deadline
Details here.
—
Tetu Affected Users:
Third Party Affected Users of Tetu can now start the Treasury Grant Registration Process, and should finish by the March 13 deadline. More info here.
Third Party Affected Users of Tetu who have Claimable Assets which are Affected Assets under Categories 3 or 5 are now able to claim them. More info here.
The deadline for Batch 2 Affected Users to complete zkKYC has been extended to March 13 - 14:00 UTC.
The Treasury Grant claim date for Batch 2 Affected Users has been updated to March 20 - 14:00 UTC.
Batch 2 includes:
• Type 1. Third Party Affected Users of DappOS, Pendle, Magpie/Penpie and Equilibria (and also Tetu, as of March 6)
• Type 2. Affected Users with Multisig/AA/Safe/Other Contract Affected Addresses
• Type 3. Normal cases of Affected Users who missed the January 31 deadline
Details here.
—
Tetu Affected Users:
Third Party Affected Users of Tetu can now start the Treasury Grant Registration Process, and should finish by the March 13 deadline. More info here.
Third Party Affected Users of Tetu who have Claimable Assets which are Affected Assets under Categories 3 or 5 are now able to claim them. More info here.
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KyberSwap Aggregator is now on Blast L2 🚀
We are excited to be part of the Blast ecosystem, and have integrated every major liquidity source (16 so far) so that Blast users can access optimized rates by trading on KyberSwap.
👉 Trade with KyberSwap on Blast here:
https://kyberswap.com/swap/blast/eth-to-usdb
You can also trade Blast assets directly on DEX Screener via the KyberSwap Aggregator integration.
We are excited to be part of the Blast ecosystem, and have integrated every major liquidity source (16 so far) so that Blast users can access optimized rates by trading on KyberSwap.
👉 Trade with KyberSwap on Blast here:
https://kyberswap.com/swap/blast/eth-to-usdb
You can also trade Blast assets directly on DEX Screener via the KyberSwap Aggregator integration.
Kyber Network Announcement Channel
Treasury Grants Processing and Recovered Funds Redemption Batch 2 Timeline Updates The deadline for Batch 2 Affected Users to complete zkKYC has been extended to March 13 - 14:00 UTC. The Treasury Grant claim date for Batch 2 Affected Users has been updated…
👉 The Treasury Grant claim for Batch 2 Affected Users is live.
https://x.com/kybernetwork/status/1770559066731053424?s=46
https://x.com/kybernetwork/status/1770559066731053424?s=46
X (formerly Twitter)
Kyber Network (@KyberNetwork) on X
@tetu_io 👉 The Treasury Grant claim for Batch 2 Affected Users is live.
Batch 2 includes:
• Type 1. Third Party Affected Users of @dappOS_com, @pendle_fi, @magpiexyz_io & @Equilibriafi (& also @tetu_io, as of March 6)
• Type 2. Affected Users with Multi…
Batch 2 includes:
• Type 1. Third Party Affected Users of @dappOS_com, @pendle_fi, @magpiexyz_io & @Equilibriafi (& also @tetu_io, as of March 6)
• Type 2. Affected Users with Multi…
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KyberSwap Aggregator is now live on Mantle 🔥
We are excited to announce that we have deployed KyberSwap on the booming Mantle ecosystem!
Providing users superior trading rates by integrating all major Mantle liquidity sources. 💚
Mantle degens, swap now: https://kyberswap.com/swap/mantle/
We are excited to announce that we have deployed KyberSwap on the booming Mantle ecosystem!
Providing users superior trading rates by integrating all major Mantle liquidity sources. 💚
Mantle degens, swap now: https://kyberswap.com/swap/mantle/
KyberSwap Upgraded its Trading Interface! 🆕
The KyberSwap team has just released an improved version of the Swap tab, with a redesigned user-friendly and convenient interface to provide the best trading experience possible.
With this improvement, we've optimized functionalities across the board; making it easier than ever to navigate, trade, and engage with KyberSwap.
Try it now: http://kyberswap.com
The KyberSwap team has just released an improved version of the Swap tab, with a redesigned user-friendly and convenient interface to provide the best trading experience possible.
With this improvement, we've optimized functionalities across the board; making it easier than ever to navigate, trade, and engage with KyberSwap.
Try it now: http://kyberswap.com
KyberSwap now supports Native Restaking Swaps for Leading LRTs! 🔥
Swap to Liquid Restaking Tokens (LRTs) with zero slippage or with a premium thanks to our integration with major native restaking contracts.
KyberSwap has integrated Native Restaking contracts of the top LRTs on Ethereum.
Notable ones are: $weETH, $rsETH, $ezETH, $rswETH, $uniETH, $swETH & $pufETH.
Swap to Liquid Restaking Tokens (LRTs) with zero slippage or with a premium thanks to our integration with major native restaking contracts.
KyberSwap has integrated Native Restaking contracts of the top LRTs on Ethereum.
Notable ones are: $weETH, $rsETH, $ezETH, $rswETH, $uniETH, $swETH & $pufETH.
New month, New ATH 🔥
KyberSwap has routed $2,97B in volume (almost $3B 🥺) in a single month!
We've just broken our March all-time high, with a +17% increase in volume.
These impressive statistics have been achieved thanks to many new integrations, new chain expansions and a hard-working team.
Thank you for your support. 💚
KyberSwap has routed $2,97B in volume (almost $3B 🥺) in a single month!
We've just broken our March all-time high, with a +17% increase in volume.
These impressive statistics have been achieved thanks to many new integrations, new chain expansions and a hard-working team.
Thank you for your support. 💚
Top Traded Tokens on KyberSwap!
This week KyberSwap Aggregator did $475M Trading Volume across 16 chains. 🔥
Here is a breakdown of the top traded tokens on our Aggregator (excluding stablecoins & ETH).
⬇️🐸⬇️
https://x.com/KyberNetwork/status/1787435389000749477
This week KyberSwap Aggregator did $475M Trading Volume across 16 chains. 🔥
Here is a breakdown of the top traded tokens on our Aggregator (excluding stablecoins & ETH).
⬇️🐸⬇️
https://x.com/KyberNetwork/status/1787435389000749477
KyberSwap Aggregator is now live on X Layer 🔥
We just expanded to another exciting ecosystem!
KyberSwap chose to deploy its Aggregator on X Layer, the new zkEVM chain built by the OKX team.
We believe their on-chain ecosystem will onboard millions of new users to DeFi.
KyberSwap will be at the forefront of on-chain trading with numerous liquidity source integrations.
Trade at optimized rates with KyberSwap.
#XLayer
We just expanded to another exciting ecosystem!
KyberSwap chose to deploy its Aggregator on X Layer, the new zkEVM chain built by the OKX team.
We believe their on-chain ecosystem will onboard millions of new users to DeFi.
KyberSwap will be at the forefront of on-chain trading with numerous liquidity source integrations.
Trade at optimized rates with KyberSwap.
#XLayer