Luna Yield, the latest IDO on our Launchpad, seems to have some problems. The Luna Yield Team took down their website and all other social media. They also withdraw all liquidity. SolPAD still can't reach Luna Yield Team to figure out what happened. We are trying to find ways to support users and contact some third parties to investigate the problem. Please be patient, and provide us any information related to Luna Yield. Thank you for your cooperation.
We are collecting every proof out there. The rug pull from Luna Yield makes an enormous impact on investors and SolPAD community.

We are doing anything to provide proofs for all related parties, especially big centralized exchanges, so that suspension and block can be done.

Solpad Finance has no relation to the Luna Yield team, and we only host IDO for projects that submitted qualified documents. Solpad Finance assumes no responsibility or liability for any activity by the projects that held a public sale on Solpad.

If you have any information, please send an email to [email protected]. We will have a rewards for anyone who provide the lead to track down their team.
Update on the Luna Yield situation:

When we first received the news about Luna Yield rug today, we tried to quickly react to the situation and track down the addresses belonging to the Luna Yield team, along with their IP address, but to no extent. It seems like they already deleted all of their messages, conversation, and information and successfully transferred the funds to Tornado.cash to avoid tracking.

We are still working with relevant parties about the situation and submitting all of the information to exchanges and regulated authorities. It seems like the VCs who backed Luna Yield have no awareness about Luna Yield team/denied their involvement into Luna Yield.

About the compensation plan, although most of Solpad’s users made some nice profits with their tokens price, we understand that some users might not be that lucky. Although we can not get back the lost funds stolen by Luna Yield, we will compensate their IDO buyers on Solpad, based on the remaining allocations of remaining vested Luna Yield tokens. We will refund the rest 60% vested token of the purchased amount for Luna Yield IDO participants. This will be taken out of Solpad Foundation emergency funds. At this period, we are seeking for an understanding of SolPAD community. There will also be changes in the next IDO selection to get the community to be more involved.

The details of distribution for compensation will be announced within the next 24 hours. We are genuinely sorry for any inconvenience or losses that you might have.
There are some technical problems with our website, we are fixing it asap. There are nothing to worry about.
The compensation plan for IDO participants will be announced today.
Update on the compensation plan:

After internal discussion within Solpad Foundation, we have finalized the compensation plan for Luna Yield IDO participants. We will sort out the list and directly distributed the compensation into the participant's wallet (the same wallet that joined the IDO on August 16th. We will compensate users in USDC, with a value equal to 60% of the purchased amount.
For example, if user A bought 400 USDC of allocation in the round, he will get 400*60% = 240 USDC, airdrop directly user A wallet.
The distribution will start next week, and we expect it to finish within a few days. Thank you so much for being so patient with us.
The refunding process for Luna Yield IDO's participants is now finished. Please check your wallet, and if you haven't received the 60% remaining USDC, don't hesitate to get in touch with us. Thank you for your trust and patient.
Meanwhile, Solpad is still developing behind the scene, with one of our main features, Staking will be available tomorrow. After this incident, SolPAD learned and improved a lot! Stay with us with our growth in the future!
πŸ”ŠTHE FIRST STAKING POOL OF SOLPAD

SolPAD is happy to announce the first staking pool on SolPAD:
πŸ”ΈStake SOLPAD - USDT LP earns SOLPAD
It’s time for SolPAD to thank the holders and liquidity providers that have stayed with us from day 1.
πŸ”ΈLet's head out and join our first pool and get handsome rewards: https://www.solpad.finance/staking/
πŸ†Total pool reward: 10 million SolPAD in 30 days
πŸ”ŠA brand new face for SolPAD Finance!
πŸ”ΈNew UI updated for our SOLPAD lovers
πŸ”ΈTake a look at our new UI here: https://www.solpad.finance/
πŸ”ΈDo you like it? please give us feedbacks! SolPAD always listens.
To improve user’s experience on Solpad, we are now having a Validator of our own. This will help us with both IDO temporary scaling needs and permanent capacity for our future plans, including Staking Pools and Liquidity DEX.

https://github.com/solpad-finance/validators

We are also taking off the liquidity on Binance Smart Chain, and put it back into Solana. We believe that this will concentrate the liquidity on Solana, resulting in positive price action in the future, therefore increase the benefits of $SOLPAD holders.



Another update regarding of our upcoming plans and roadmap will be announced within this week. Stay tuned for more!
After months of hard work, the first version of our DEX, SolSwap, is now ready to go live.

Users will be possible to provide liquidity right through our DEX - SolSwap. At first, there will be only a limited number of pairs available, with incentives for early liquidity providers.

There will be more updates in the future, allowing users to add liquidity across Solana ecosystem tokens freely.

The detailed list of pairs, rewards, and when it will go live will be announced within the next 24 hours. Stay tuned for more announcements from us!
SolSwap Liquidity Farming is live now, with a hefty rewards.

Liquidity providers can now earn $SOLPAD, by provide liquidity for the below pairs through our DEX.

The list of pairs include:

SOLPAD - USDC
SOLPAD - USDT
SOLPAD - SOL
SOLPAD - SRM
SOLPAD - RAY
SOL - USDC
SOL - USDT
BTC - USDC
RAY - SOL

Go to https://www.solpad.finance/liquidity to add your liquidity, then access https://www.solpad.finance/farms to start earning! Instruction video will be available soon!
CONGRATULATIONπŸ’₯πŸ’₯πŸ’₯

We've hit the milestone of $4.2M TVL in JUST 10 HOURS after opening
APR of the pools still look pretty charming.

πŸ“ŒSee how to join the party here:
https://www.tg-me.com/solpadfinance/119
A little update about our farming pools
We're growing big.

πŸ’₯πŸ’₯πŸ’₯πŸ’₯$7M TVL Hit!!!πŸ’₯πŸ’₯πŸ’₯πŸ’₯

Thank you $SOLPAD users

πŸ“ŒSee how to join the party here:
https://www.tg-me.com/solpadfinance/119
New Staking Pool for $SOLPAD is up. Stake your $SOLPAD tokens to earn rewards!

This time, there will be 4 Single-asset staking pool for $SOLPAD holders.
Stake $SOLPAD, earn $SOLPAD.
Stake $SOLPAD, earn $USDC.
Stake $SOLPAD, earn $RAY.
Stake USDC, earn $SOLPAD.

Go to https://www.solpad.finance/staking to stake your tokens! Enjoy!!!
πŸ†˜ATTENTION!

Due to the timestamp issue happening on the Solana chain, the reward per second on our pools appears inappropriately.

Don't worry. This is just a display error, your actual rewards are not affected. Everything should be back to normal when Solana's problems are completely fixed.
Solpad has reached nearly 15 Million USD in terms of staked value, as Solana network is becoming stable again.
However, as the incident with Solana occurred the other day, SolSwap is still unstable to use. We recommend our user can buy $SOLPAD through Raydium at the below link:

https://raydium.io/swap/?ammId=AsA4HchyP9ksD9Rw7iAEdVa9hxD47RtNx1ETuySbAxdo
$SOLPAD-USDT LP Staking are now available again!
Stake your $SOLPAD-USDT LPs to earn up to 609% APR!

https://www.solpad.finance/staking
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2025/07/04 23:04:06
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