1/ We went through hell—and came back stronger.
After the exploit, migration, and relisting, Kinto is back above $5, the average of the week before the hack.
Kinto Phoenix has risen once more 🐦🔥
Check what's next for our rebuild 🧵
2/ This comeback wasn’t luck. After a few harrowing weeks of work, we rebuilt the contract, synced every balance, and relisted across venues.
Phoenix wasn’t just a raise—it was a test of conviction.
We passed thanks to your support.
4/ Liquidity boost incoming: new market maker (no token loan) goes live Aug 18th.
Expect tighter spreads, steadier books, less whipsaw.
We'll be using @Forgd_ to monitor performance.
5/ 🛠️ Morpho & Royco Repayments
Custom contracts open soon. Borrowers have until Nov 15 to repay USDC and unlock collateral—up to 10% early-repay bonus.
Lenders receive distributions Nov 15th.
Team will work to cover the ~$700k hack gap; any shortfall topped up in Kinto tokens.
6/ In order to be able to have time to distribute the airdrops, we are making the following adjustments:
• ARB airdrop Aug 18th, 3rd Airdrop on August 30th
• Season 2 now ends on Aug 31st
• Season 3 starts Sept 1 (with the ERA airdrop)
We’ll publish per-wallet spreadsheet before each drop.
7/ Incident update: 577 ETH (~$2.3M) stolen.
• 500 ETH mixed via Tornado
• 77.1 ETH still at 0xCe2e…b776
We’re working with ZeroShadow & authorities.
💰Bounty: Up to 15% for verified tips that lead to recovery.
8/ 🐦🔥 New Phoenix NFT as a thank you to all of you
We’ll mint a Phoenix NFT Badge to all wallets that held or staked at the time of the hack. A mark of grit that no one can take away.
9/ Kinto v2 is being built. Expect a post later this month
• Mobile app (non-custodial, gas-abstracted)
• More chains
• Institutional-grade vaults with compliant access to DeFi yield.
From ashes to stronger architecture—this is the rebuild.
We’re not the same community we were in March—we’re tempered steel.
10/ Full post with dates, mechanics, and links is live.
For everyone who refused to quit—this is your win.
Onward. ⛩️
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