Meshswap Channel [Official]
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🟣Dear Meshswap Community Members🟣

Check out the TOP 5 Lending Pools by APR on Meshswap!
You can get a high interest rate of up to 9.5% APR!πŸ”₯

πŸ“ŒWhat is Lend?
Lend is a simple and safe deposit method that allows you to deposit only one asset and earn interest in return.

πŸ’°Deposit NowπŸ‘‰ https://meshswap.fi/single/pool

Meshswap has secured scalability due to interoperability and increased asset efficiency and is successfully playing a pivotal role in vitalizing the Polygon ecosystem.
We look forward to your interest and participation.

✨Meshswap: On the liquidity mesh, earn more with your crypto

Thank you.

https://twitter.com/Meshswap_Fi/status/1724669210654310887
πŸ‘1
Hello, Meshswap Community Members.

We would like to provide information regarding the temporary suspension of Orbit Bridge's services.

Please refer to the following information when using Meshswap.

1. Guide to using Meshswap
Users will be able to view their history of asset deposits, swap, deposit, withdraw, and receive rewards without any difficulty.

2. Watch out for scam sites and impersonators
Meshswap does not ask for or collect wallet information from our users (private key, seed phrase, password, etc.) or send DMs first. We ask that you not forward any information to anyone who impersonates an administrator and asks for information by forwarding a link to a scam site with a reward as bait; instead, block or report the account.

3. Safety precautions
- As a result of the Orbit Bridge issue, if you use the bridge deposit/withdrawal feature (My Assets_Deposit/Withdrawal) on the Meshswap website to move assets, there may be delays. (Depositing and withdrawing assets via Klaytn Mainnet is still available)

- After the Orbit Bridge issue is resolved, pending deposits and withdrawals will be processed sequentially. Once the Orbit Bridge has been restored to operational status, we will make an announcement.

- As a result of the Orbit Bridge issue, there may be price differences and price fluctuations between Meshswap and other exchanges. Therefore, you must note that when you use swaps or any deposit features, you should check the applicable price, price impact, slippage, etc., before trading.


Meshswap is a decentralized protocol that is operated autonomously by its users, and since the Meshswap team is also part of the ecosystem, we will continue to monitor and share relevant issues related to Orbit Bridge so that everyone can build a stable ecosystem together.

We apologize for any inconvenience caused by the use of our service.

Thank you.
Hello, Meshswap Community Members.

We would like to provide information regarding the temporary suspension of Orbit Bridge's services.

Please refer to the following information regarding displayed price information and position deposits.

1. Price Information Notice

- As a result of the Orbit Bridge issue, there may be price differences between Meshswap and external exchanges, as well as rapid price fluctuations, which may cause dollar conversion price information to be inaccurate even in a short timescale.

- If you use swaps or use any deposit services, ensure that you carefully review the price that is being applied, the price impact, and the slippage, etc.

2. Position Deposit Precautions

- There may be price differences between Meshswap and the Price Oracle due to the Orbit Bridge issue. Furthermore, market fluctuations may result in losses for depositors. Please be extra cautious when using position deposits.

3. Watch Out for Scam Sites and Impersonators


- Meshswap does not ask for or collect wallet information from our users (private key, seed phrase, password, etc.) or send DMs first. We ask that you not forward any information to anyone who impersonates an administrator and asks for information by forwarding a link to a scam site with a reward as bait; instead, block or report the account.

Users will be able to view their history of asset deposits, swap, deposit, withdraw, and receive rewards without any difficulty.

You can contact the official support team with any questions during your use of the service, and we will respond as soon as possible. (support@meshswap.fi)

We apologize for any inconvenience caused by the use of our service.

Thank you.
Hello Meshswap Community Members.

In the event of a temporary shutdown of Orbit Bridge, Meshswap will conduct an emergency inspection to ensure the stability of the position deposit service.

The following information is important to know before using Meshswap.

[Inspection schedule]
From Thursday, Jan 4th at 4:00 p.m, 2024, to Thursday, Jan 11th, 2024, at 11:00 a.m. (KST).
* Changes to the maintenance schedule will be announced if they occur.

[Inspection Reason]
Since the Orbit Bridge issue is causing price differences between Meshswap and external exchanges, and Price Oracle, the Meshswap team decided to conduct an emergency inspection to ensure that the position deposit runs smoothly.

[Important Notes]
- Opening new positions will not be possible during the inspection period.
- During the inspection period, existing position depositors can safely manage their asset utilization ratio by closing positions or depositing additional assets.
- The Orbit Bridge issue may result in dollar conversion errors and price differences between Meshswap and Price Oracle due to rapid price fluctuations. The rapid volatility of the market may lead to potential losses when using position deposits. Please be cautious when using the service.
- When you end your position deposit, make sure to carefully review the price that is being applied, the price impact, slippage, etc.

We sincerely apologize for any inconvenience caused during the service usage.

Thank you.
Hello Meshswap Community Members.

Our emergency maintenance schedule for ensuring the stability of the position deposit service has been extended.
The following information is important to know before using Meshswap.

[Inspection Date]
- [Extended Schedule] Thursday, January 4th, 16:00 to Tuesday, January 23th, 11:00
- Changes to the maintenance schedule will be announced if they occur.

[Inspection Reason]
- Since the Orbit Bridge issue is causing price differences between Meshswap and external exchanges, and Price Oracle, the Meshswap team decided to conduct an emergency inspection to ensure that the position deposit runs smoothly.

[Important Notes]
- Opening new positions will not be possible during the inspection period.
- During the inspection period, existing position depositors can safely manage their asset utilization ratio by closing positions or depositing additional assets.
- The Orbit Bridge issue may result in dollar conversion errors and price differences between Meshswap and Price Oracle due to rapid price fluctuations. The rapid volatility of the market may lead to potential losses when using position deposits. Please be cautious when using the service.
- When you end your position deposit, make sure to carefully review the price that is being applied, the price impact, slippage, etc.

We sincerely apologize for any inconvenience caused during the service usage.

Thank you.
Hello Meshswap Community Members

We would like to provide you with the results of the margin trading inspection as well as the agenda for the subsequent response.

Orbit Bridge issue has resulted in price differences between Meshswap and external market tokens. The difference in Oracle price feeding and Meshswap token price may cause borrowed assets to not be returned accurately when position closures or liquidation are executed, which may add more burden to the Meshswap protocol.

Thus, as a precautionary measure, until the Orbit Bridge issue is resolved and the market has returned to normal, we propose the following for leveraged yield farm and margin trading.

* Proposal summary
1) Suspend the opening of new Leveraged Yield Farm and Margin Trading, and later allow the new deposit feature through a DAO vote. Existing position depositors can safely manage their debt ratio by depositing additional assets.
2) Converted Meshswap's dollar conversion rate to MATIC assets-based conversion rate.
3) The Price Oracle feeding of Orbit Bridge assets (oAssets) will be based on the sole price of tokens on Meshswap.
4) If the vote passes, the liquidation function will be suspended for 30 days and will be activated on 2023-02-23 at 12:00 (KST).

* Voting link
https://meshswap.fi/governance/9

Meshswap is proposing a temporary suspension of services as an effort to ensure a more stable environment, and our team will monitor market conditions and assess the situation so that we can notify users when new deposits will be available.
Hello Meshswap Community Members.

We will begin working on Leveraged Yield Farm and Margin Trading today.

The information displayed, such as deposit status and debt ratio, may be temporarily inaccurate during the work. Consequently, we recommend waiting until the work is complete before terminating deposits or depositing additional funds.

Once the work is completed, we will make another community announcement.

Thank you.
Hello Meshswap Community Members.

We have completed all tasks related to leveraged yield farm and margin trading.

Existing depositors can now close their deposits and add additional assets as well.

Thank you.
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Hello Meshswap Community

The liquidation of Leveraged Yield Farm and Margin Trading will be activated today (On 2024-02-23 at 12:00pm UTC+9).

Please keep this in mind when using Meshswap.
Thank you.

πŸ“Œ An overview of previous notices and proposals
https://t.me/MeshswapChannel/298

πŸ“Œ Voting link
https://meshswap.fi/governance/9
Hello Meshswap Community, Meshswap has provided decentralized leverage trading services to help users utilize their assets more efficiently and securely.

However, due to low borrow demand, liquidity imbalance, and increased price volatility, we’ve decided to gradually discontinue certain services to better protect user assets. Lower liquidity in our base network was also a factor.
We will focus on supporting core DEX functions such as basic trading and liquidity provision going forward.

[Services to Be Discontinued]

Please withdraw your assets and close your positions in the following services before the end date:
- Lend
- Leveraged Yield Farm
- Long/Short Trading

* Yield Farm and Swap services will continue to operate normally.
* After the discontinuation date, withdrawals and position closures may become difficult due to liquidity conditions.

[Schedule]

1) MESH Inflation Update
Date: June 26, 2025
MESH rewards for the discontinued services will stop.All inflation will be distributed to the Yield Farm service.

2) Service Discontinuation
Date: June 30, 2025
Supplying new assets or collateral will no longer be possible.Only withdrawals of returned assets will be possible.

We apologize for the inconvenience and thank you for using Meshswap.
We will continue as a DEX focused on liquidity-based trading.

β€” The Meshswap Team
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