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.
3/ Ticker update: to avoid future disputes, CEXs are moving from $K → $KINTO. Same mission, cleaner rails. We’ll use $KINTO on CEXs going forward.
Kinto
Kinto8.8. klo 23.03
Trading on Gate will resume at 6am UTC Thank you for your patience
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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