Current progress:

https://x.com/Powerloom/status/1905180328395997208?s

🎉 Powerloom Mainnet V2 Migration is COMPLETE! 🎊

Freely use native $POWER with our migrated L2 chain powered bybuilt on Arbitrum Nitro.

Our core devs ensured a smooth migration, with minimal user actions or protocol interruptions 💪

✅ First V2 epoch (ID: 55001) was released with migrated state. Snapshotter nodes are now submitting to the new V2 chain managed by Conduit — check verification logs to confirm: https://docs.powerloom.io/chain-migration/snapshotters#-verification-logs

✅ Snapshotter NFTs, unclaimed rewards, & staked $POWER have been migrated automatically. NO user action was required.

✅ Normal node operations & claims have resumed on the new chain. All historical data have been retained.

Check dashboards for latest rewards & balances on Mainnet V2.

Snapshotter: https://snapshotter-dashboard.powerloom.network

Node Staking: https://mint.powerloom.network/staking

🚀 Continue using Powerloom with native L2 $POWER. Experience the enhanced performance, stability, & reliability enabled by the V2 upgrade: https://t.me/PowerLoomProtocol/203

🚨 The older L2 running on OP Stack will be deprecated soon.

Move your unstaked L2 $POWER to the new chain if you haven't already.

👀 Full POWER migration guide: https://x.com/Powerloom/status/1902712114831397350

👉 Complete migration timeline & info about the new chain: https://t.me/PowerLoomProtocol/202

🆘 Need help? Reach out via Discord: http://discord.gg/powerloom

🗣️ Spread the word: https://x.com/Powerloom/status/1906846974621745489

🎉 Node Staking reaches new heights on our migrated L2 chain powered by Arbitrum Nitro 🚀


✅ $POWER staked: 3.33m+

✅ Nodes minted: 333+

✅ Total rewards: 175k+ $POWER

💪 Node Staking has grown steadily despite recent challenges posed by the migration to the new L2 chain.

Our core devs made this possible, executing one of crypto's smoothest, non-disruptive mainnet migrations.

Soon, we'll drop a piece on how they achieved this. Stay tuned 🫡

🤩 Earn Daily Rewards with ANY amount of $POWER through Node Staking.

👉 Start here: https://mint.powerloom.network/staking

👀 Check our announcements for details: https://t.me/PowerLoomProtocol/201

🆘 Need help? Reach out via Discord: http://discord.gg/powerloom

🗣️ Spread the word: https://x.com/Powerloom/status/1907908350521782400

✅ Verifiability, security, and resilience are non-negotiable for our composable infra to catalyze next generations of data-rich web3 innovations.

🤝 We thank Quantstamp for rigorously auditing all workflows involving the onchain protocol state and components.

📖 Full report is published here: https://certificate.quantstamp.com/full/powerloom-l-2/695c4ca5-2bab-42f2-b41d-bff9eec03f32/index.html

🗣️ Spread the word: https://x.com/Powerloom/status/1909729018607546687

💪 Our Core Devs recently pulled off one of crypto's smoothest L2 chain migrations.

✅ There was minimal downtime
✅ It required ONLY TWO user actions

📖 Check out our latest blog post to know everything about how this was achieved:
https://blog.powerloom.io/powerloom-mainnet-v2-migration-how-we-ensured-minimal-downtime-user-actions/

🗣️ Spread the word: https://x.com/Powerloom/status/1910226044595982698

🚨 Powerloom V1 Chain Shutdown

👉 April 22, 2025: Migration bridge closes

👉 April 30, 2025: V1 chain stops

❗URGENT ACTIONS are required for $POWER holders and Snapshotter Node operators.

1️⃣ Migrate your unstaked $POWER from the V1 chain before April 22, 2025.

⚠️ Tokens sitting on the old chain after this date will be lost forever. Our team won’t be able to help you recover them.

Not sure if you still have a $POWER balance on the V1 chain? Check if your wallet is on this list of token holders on the V1 chain: https://explorer.powerloom.network/accounts

📖 Here's our guide if you need help migrating your tokens: https://docs.powerloom.io/chain-migration/wallets

2️⃣ Upgrade your Snapshotter nodes to the latest release (v2.8.0) by April 30, 2025.

It’s highly recommended. Otherwise, node restarts will likely crash out, causing submission loss and downtime.

👀 Get more details on our Discord: https://discord.com/channels/777248105636560948/1146931631039463484/1361639267805302845

🗣️ Spread the word: https://x.com/Powerloom/status/1912381179229249963

🎉 RelayProtocol has added Powerloom V2 Chain!

https://relay.link/bridge/powerloom-v2

Swap assets from multiple chains. Get native $POWER directly on our migrated L2 chain powered by @arbitrum Nitro ⚡

🤑 Minimal fees
🚀 Bridges in seconds
💪 Single transaction & a seamless UX

The Relay bridge is for anyone who wants to get native L2 $POWER onchain for staking or running a Snapshotter Node!

👉 Swap here: https://relay.link/bridge/powerloom-v2

👀 Also check out our native Arbitrum Bridge for a more decentralized experience: https://bridge-v2.powerloom.network

🗣️ Spread the word: https://x.com/Powerloom/status/1915165641037971499

⚡️ 5 MILLION $POWER now staked!

🎁 Daily Node Rewards Now at 65,000 $POWER

🤑 Stake as little as 1 POWER and snag ~75% APY 👉 https://mint.powerloom.network/staking 👈

Read more about Node Staking at: https://blog.powerloom.io/node-staking-is-live-earn-daily-rewards-with-any-amount-of-power/

🗣️ Spread the word: https://x.com/Powerloom/status/1915646296477892840

🚀 1,000+ snapshotter nodes minted since mainnet

🔒 10 million $POWER locked

💸 Start earning daily rewards at ~100% APY


Mint 👉 https://mint.powerloom.network

Read more: https://blog.powerloom.io/powerloom-mainnet-is-live-kicking-off-a-new-era-in-onchain-data-access/

🗣️ Spread the word on X: https://x.com/Powerloom/status/1924703180929339709

🎉 Daily Reward Pool Increased to 75,000 $POWER! 🎉

Starting today (Day 157), the daily reward pool has been boosted to 75,000 POWER — more rewards for everyone, effective immediately!

We’re also increasing the daily submissions threshold to 1,100 over the next week to keep up with growing momentum.

📈 New Submission Threshold Schedule:
• Day 157: 1,000 (no change)
• Day 158: 1,050 (first increase)
• Day 159–164: 1,050
• Day 165: 1,100 (from here on)

Get started with Node staking: https://mint.powerloom.network/staking

Or run your own node and earn full rewards at: https://docs.powerloom.io/build-with-powerloom/snapshotter-node/lite-node-v2/getting-started/

🗣️ Spread the word on X:
https://x.com/Powerloom/status/1934684326354145541

🚀 Powerloom Devnet is BACK!

🏗️ Build and test like you’re on mainnet — but at zero cost!


Everything you run on Devnet works exactly like it would on mainnet:

✔️ Same architecture
✔️ Same protocol mechanics
✔️ Same data flows

All without spending $POWER - get started in 3 simple steps 👇

1️⃣ Claim test tokens: devnet-faucet.powerloom.dev
2️⃣ Mint your node: devnet-mint.powerloom.dev
3️⃣ Follow the docs to start snapshotting: https://powerloom.dev

Read more on our blog: https://blog.powerloom.io/re-launch-of-devnet-with-full-support-for-lite-nodes

🗣️ Spread the word on X: https://x.com/Powerloom/status/1943578360132833301

📢 Snapshotter CLI v0.1.3 Released!

We're excited to announce the latest update to the Snapshotter CLI, bringing significant improvements and bug fixes based on your feedback since launch.

🔧 Key Improvements

Linux Compatibility Fixed
- Resolved terminal display issues that were affecting Linux users
- Fixed the wallet address input bug where characters were being incorrectly removed on Linux systems
- Updated build system to Ubuntu 22.04 for better compatibility

Enhanced User Experience
- Streamlined the deployment market selection flow - no more confusing navigation!
- Improved overall configuration process to be more intuitive
- Fixed various CLI deployment issues that were causing frustration

New Features
- Version Tracking: Added Git commit info to version display, so you always know exactly which build you're running
- Integrated Changelog: View updates directly within the CLI - no need to check GitHub for what's new!

🎯 What This Means For You

These updates make the Snapshotter CLI more stable, especially for Linux users, and significantly easier to use. The improved deployment flow means less time configuring and more time running your node successfully.

📥 How to Update


🔗 Try it out:
GitHub: https://github.com/powerloom/snapshotter-lite-multi-setup/releases
Docs: https://docs.powerloom.io/build-with-powerloom/snapshotter-node/lite-node-v2/cli/

💬 Got feedback or questions? We’d love to hear it:
Join us on Discord: https://discord.gg/powerloom

🗣️ Spread the word on X: https://x.com/Powerloom/status/1954985381423878436

📣 Powerloom Open Sources Python Implementation for EigenDA 🐍

Thrilled to announce we've open-sourced our Python implementation for EigenDA - the first of its kind! 💪

Key Features:
1️⃣ First production-ready Python client
🤝 Full feature parity with official Go client
✌️ Dual payments: reservation/on-demand
✅ V2 protocol support

Why We Built This
Simple: Python developers needed it, and no one else was doing it. No grants. No incentives. Just pure commitment to making Web3 infrastructure accessible. That's how Powerloom rolls 🛠️

What You Get:
- Full ECDSA authentication 🔐
- Smart payment handling 💰
- Complete blob lifecycle management 🔄
- 10-100x faster deps with UV ⚡
- Production tested on mainnet 🛡️

Installation:
pip install powerloom-eigenda

Developer Experience First:
- 15+ working examples 📚
- Mock client for testing 🧪
- Auto network detection 🔧
- Python 3.9-3.13 support 💻
- Real documentation 📖

This is what open-source really means. No corporate backing. No token incentives. Just builders building for builders.

Links:
📦 PyPI: https://pypi.org/project/powerloom-eigenda
📖 GitHub: https://github.com/powerloom/eigenda-py

We would love to get feedback on Github and/or on our Discord: https://discord.gg/powerloom

🗣️Spread the word on X: https://x.com/Powerloom/status/1955934931278090460

🚀 Node Staking Dynamic Tax Rate Implementation - Encouraging Network Decentralization!

Hey community! We're excited to announce a major upgrade to our Node Staking contract that directly addresses network centralization concerns.

📋 What's Changing?

We're moving from a fixed 30% tax to a progressive tax system (30% → 50%) that increases as Total Value Locked (TVL) grows. This creates economic incentives for users to run independent snapshotter nodes rather than pooling stake.

📊 Tax Progression Schedule:

TVL ≤ 7.5M → 30% tax (current rate, no change)
TVL = 8.125M → 35% tax
TVL = 8.75M → 40% tax
TVL = 9.375M → 45% tax
TVL ≥ 10M → 50% tax (maximum)

❓ Why This Matters:

Network Security: More independent nodes = stronger, more resilient network
True Decentralization: Reduces reliance on single-entity operated snapshotter nodes
Fair Economics: Those who contribute to decentralization pay less tax

✅ What You Need to Know:

Current stakers: No immediate impact at current TVL (7.5M)
New stakers: Consider running your own node for better returns
Fully backward compatible: No disruption to existing operations
Transparent: Tax rates visible onchain via getCurrentTaxRate()

🔧 Want to Run Your Own Node?

Check out the setup doc: https://docs.powerloom.io/build-with-powerloom/snapshotter-node/lite-node-v2/getting-started/

💭 Questions?

Drop them here or in Discord: https://discord.gg/powerloom. Our team and mods are here to help!


📢 Share on X: https://x.com/Powerloom/status/1960252332769431557