Ironclad
@IroncladFinance
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• Decentralized Lending on @modenetwork • Discord - https://t.co/qoQyhcxqCO • TG - https://t.co/Nqt3y1uy7G
Mode
Joined June 2021
We will continue to provide updates here, but if you would like to join the discussion in real time please join our Discord. As always, thank you for your patience and understanding 🙏.
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We have put together a few options for ICL, and we are currently gathering feedback internally. Once we have cemented some viable paths forward, we will present them to everyone, at which point we can hold a vote via snapshot or similar to determine next steps.
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As we approach the finish line for releasing our recovery plan related to the Ionic incident, we are also strategizing on how best to do right by current $ICL holders. 🧵.
An Ironclad Update. After working through language barriers, regional differences and miscommunication, the teams behind Mode, Ironclad, Izumi, Meson, Ionic, and more have connected to devise a compensation strategy for users affected by the Ionic exploit and events following 🧵.
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Some context:.
An update on our markets following last weeks incident:. If you're not up to speed on what happened, here is the post mortem from @ionicmoney : Following the exploit, the hacker used borrowed mBTC from Ionic and used it to take out loans on Ironclad. Our.
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We want to thank our users for their patience, and especially those who have been helping us navigate the situation. This has been, and will continue to be, a group effort to recover as much value as possible for those impacted. 🫡.
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Until now, our communications with the community have primarily taken place on Discord. With a clear path forward, we will make sure regular updates on the recovery progress are provided here as well.
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This week, we will release a detailed strategy for recovering the funds lost in the hack. We have conducted a thorough accounting of all affected users, and our markets will remain frozen as we move forward with the compensation plan.
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An Ironclad Update. After working through language barriers, regional differences and miscommunication, the teams behind Mode, Ironclad, Izumi, Meson, Ionic, and more have connected to devise a compensation strategy for users affected by the Ionic exploit and events following 🧵.
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AIRDROP FOR $ICL STAKERS INCOMING 🪂. If you have been staking $ICL you will be receiving a piece of the upcoming CDX airdrop, fully liquid. Congratulations to our partners at @Cod3xOrg on their upcoming launch!.
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RT @bjnpck: Forks, forks, forks. Live:.✅ @QuillFi on @Scroll_ZKP . Next Week:.🔲 @asymmetryfin on @AmpleforthOrg .🔲 @NeriteOrg on @arbit….
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An update on our markets following last weeks incident:. If you're not up to speed on what happened, here is the post mortem from @ionicmoney : Following the exploit, the hacker used borrowed mBTC from Ionic and used it to take out loans on Ironclad. Our.
✅ Incident Post Mortem ✅. For all affected users we have shared an incident Post Mortem on the following link:. We look forward to resolving this situation without delays by working closely with all partners, our community and stakeholders. For.
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We are not rekt, Ironclad's markets are solvent. They are just max utilized, once we can effectively liquidate the hackers mBTC position it will be business as usual. Our LPs will not be left holding the bag.
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We love a BOLD prediction 😉.
There are ~20 Liquity V2 forks coming, each planning to airdrop 2-10% FDV to BOLD users. I'm assuming the average FDV of a fork will be ~$15M (there will be one HyperLiquid, Berachain, Sonic, etc). This is speculative, but safe to say Forks should add a big boost to BOLD farming
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Don't sleep the Midas launch, @sunosuporno has been absolutely cooking 🔥.
Midas now supports lending and borrowing via @IroncladFinance! Just check a small sample of what Midas can do 👀
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New Market Alert! 🚨. In collaboration with @Bedrock_DeFi, we are offering $OP incentives to both sides of the new uniBTC market!. We have tuned our interest rate curve to offer the best rates on @modenetwork for high LTV loans . One-click loop to maximize rewards on your BTC 🤑
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The DeFAI acceleration continues on @modenetwork 📈. Ironclad will be delivering yield to @otomato_xyz agents on launch 🚀. Bullish automation.
Otomato is partnering with @IroncladFinance to supercharge our autonomous agents. Now, your agents can:. Monitor lending markets for optimal yield opportunities, trigger actions based on stablecoin performance, and more . 👀Plus, Ironclad will be a key player in our
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RT @DefiNft: 1/ Season 3 of Web3 Packs: Building the Future of DeFi Engagement. We’ve wrapped up an incredible season, proving that DeFi ca….
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