New Elrond and Maiar DEX update.

All hands on deck.
Getting close to enabling DEX frontend and API send function.
Amazing progress and support from the community.
Here's the current status and next steps.

First, the bug has been solved. 

Two mainnet upgrades have been proposed and adopted by the Elrond validator community.
All focus in the meantime has gone into verifying balances, and full testing in preparation for the Maiar DEX restart.

Second, all funds are safe, all users are safe.
*All user funds will be available in full at the restart of the Maiar DEX.*

Nearly all of the exploited funds have already been recovered in this address:
erd1pml9k2tsqsnvtmmalglt2su0sn3cguvr8e8jq0gy69zw2ldcej2qapml9a
Any remaining missing funds caused by the known bug, will be covered in full by the Elrond Foundation.

Third, the API send function will once again be activated in 45 min, enabling sending tokens across the Elrond web wallet and Maiar app.

Forth, the Maiar DEX frontend will be enabled in ~15 min for all user balances to be viewable.
Full DEX swaps, staking, and farming will only be enabled in the morning due to security procedures.
Meanwhile, everyone will be able to access their accounts and check balances.

Fifth, all pending bridge transfers are now fully processed, with 0 pending transactions in the backlog.
Full bridge function will be enabled tomorrow, along with the Maiar DEX restart.

Sixth, we are working in close contact w/ Binance & some of the other exchanges around the world, to re-enable EGLD deposits and withdrawals.
All this should be available in the next couple of hours.
Very much appreciate all their support during these hard times.

Seventh, full function of the Maiar DEX will be enabled tomorrow, 9:00am UTC.
Final tests and preparations are being done to ensure maximum robustness and safety during and beyond the restart.

Eight, some people would love to see the world burn.
Let’s not give them this pleasure.
Not today, and not tomorrow. Not with Elrond.
Lastly, it's been a difficult time, but we can already see the light.

Despite challenges, we will find our way.
We can't stop. We won't stop.
This is the Elrond spirit.
As long as we breathe and live another day, we will push forward.

Olag ⚡

@olag

Founder of MultiversX Wiki

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