Powerloom Protocol Announcements
10.9K subscribers
120 photos
28 videos
1 file
197 links
For Powerloom Protocol announcements - powerloom.io
Download Telegram
βœ… 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.

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

πŸ—£οΈ Spread the word: https://x.com/Powerloom/status/1909729018607546687
πŸ’ͺ Our Core Devs recently pulled off one of crypto's smoothest L2 chain migrations.

βœ… There was minimal downtime
βœ… It required ONLY TWO user actions

πŸ“– 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/

πŸ—£οΈ Spread the word: https://x.com/Powerloom/status/1910226044595982698
🚨 Powerloom V1 Chain Shutdown

πŸ‘‰ April 22, 2025: Migration bridge closes

πŸ‘‰ 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

πŸ“– 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.

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

πŸ—£οΈ Spread the word: https://x.com/Powerloom/status/1912381179229249963
πŸŽ‰ 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 ⚑

πŸ€‘ Minimal fees
πŸš€ Bridges in seconds
πŸ’ͺ 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!

πŸ‘‰ Swap here: https://relay.link/bridge/powerloom-v2

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

πŸ—£οΈ Spread the word: https://x.com/Powerloom/status/1915165641037971499
This media is not supported in your browser
VIEW IN TELEGRAM
⚑️ 5 MILLION $POWER now staked!

🎁 Daily Node Rewards Now at 65,000 $POWER

πŸ€‘ Stake as little as 1 POWER and snag ~75% APY πŸ‘‰ https://mint.powerloom.network/staking πŸ‘ˆ

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

πŸ—£οΈ Spread the word: https://x.com/Powerloom/status/1915646296477892840
This media is not supported in your browser
VIEW IN TELEGRAM
πŸš€ 1,000+ snapshotter nodes minted since mainnet

πŸ”’ 10 million $POWER locked

πŸ’Έ Start earning daily rewards at ~100% APY


Mint πŸ‘‰ https://mint.powerloom.network

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

πŸ—£οΈ Spread the word on X: https://x.com/Powerloom/status/1924703180929339709