Here's the status of unraveling bHBD and bHIVE. We are working through tickets as fast as possible.
Currently $50,000 worth of bHBD is being unwound. We are sunsetting the Wrapped Tokens protocol and with this sunset program - as many of you have been aware for months - we have a powerdown protocol to pay out HBD to bHBD unwraps 1x per week for 13 weeks
This allows us to spread unwraps to avoid a run-for-the-exits spiral. It's been working for the past several months and now with the announcement of CUB/POLYCUB being sunset, we are in the final stages
This should be the last of the HBD to get unwrapped. Roughly 4,000 HBD getting paid out weekly. We're making this happen as efficiently and smoothly as we are capable.
Thank you to everyone for your patience while we sunset these old protocols and move forward. 🦁❤️
Thanks for sharing the update @leofinance and this will help the community to understand that you are doing great to settle it in the best possible way. Communication is the key you literally follow this.
Thank you for the kind words! We've been working hard on this program to sunset old (failed) projects and move forward in a way that is fair to everyone. Crypto can be unforgiving
We'll keep putting out threads like this one to update everyone on the status of things as they happen
Yeah. Really nice. Thanks for sharing this update with the whole community.
Oh hello. I didn't know. I was just trying to unwrap some and nothing seems to happen. I see why now. Does the pHBD already have my Hive ID registered to it (if I have not spent it?) and so will it unwrap itself to @leprechaun?