The exploit tested us. Our response is resilience. We’re focused on actions, solutions, and rebuilding stronger. Behind the scenes, we’re still cooking. The kindness, trust, and support we’ve received from the Maya tribe has been UNBEATABLE. We couldn’t be more grateful. ❤️ We’ll keep you updated on the status of the chain and funds as we work through this. Until then, we keep building.
Sad news 😕 Will work to fix and recover in full. We carry on. @Maya_Protocol
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good infra disappears 🍫
Someone pays at a Moca Business with any coin they hold The merchant gets paid in the coin they want The swap between them happens in the background. Neither side has to think about it. Good Infra Disappears.
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No MWM today, but things are moving. We’re focused on the NR-1 store migration, now close to passing governance and moving into implementation. We’ll keep you updated. 🫡
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GM! A strong proposal should stand up to strong questions. What would you like to see addressed in NR-1? 👇
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MAYA Weekly Recap #171 🎙️ 🔹 Network Recovery Proposal #1 is live NR1 outlines our plan to restore the network, resume trading and bring the excess cacao:native supply back toward its original level, while balancing the recovery between LPs and cacao:native holders. You can find it in the Announcements channel on Discord. Your input will help shape the store migration proposal and the next steps. 🔹 We’ve patched the identified attack vectors and additional security updates. Testing is now underway, and if everything goes well, we’re targeting early next week to bring the network back online. 🔹 Nearly every arbitrageur we contacted has committed to returning part or all of the profits made during the attack. 🔹 We’ve raised around $100K for Aztec in two weeks. Affiliate testing for Aztec Intents is expected to begin this week, with mainnet still a few weeks away. 🔹 We plan to distribute the remaining Maya Masks allocation directly on Maya Chain in MAYA and AZTEC. Listen to the full MWM for all the details 👇 nitter.net/Maya_Protocol/status/2…
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Wondering what’s next for Maya? Tune in to MWM today at 11:00 AM CT. nitter.net/i/spaces/1dxYladkzMBJX
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MwM #170 recap! Here’s what you need to know: 🔹Most of the planned fixes are now in place, and we’re currently testing the next version. 🔹The Storm Migration will rebalance asset-heavy and $CACAO-heavy pools, normalize the cacao:native price, and prepare us to resume trading. 🔹Since trading remained halted during the recent market rally, we avoided significant impermanent loss. The appreciation of our deepest pool assets could also help us recover part of the exploit’s impact. 🔹Current estimates place cacao:native at approximately $0.08–$0.09 after the migration and buybacks, with liquidity expected to remain around $9M. 🔹An initial 20M cacao:native will be burned. We also expect to use approximately $600K from Maya funds and arbitrage refunds to buy back and burn additional cacao:native. 🔹 With THORChain churning resumed, we can withdraw our team’s $RUNE and contribute those funds back to the protocol as part of the recovery effort. 🔹The stolen BTC remains unmoved. We sent another OP_RETURN message to the attacker, but our recovery plan continues under the assumption that the funds may not be returned. 🔹 Development on Aztec continues, and we’re exploring a potential collaboration with Dash to bring shielded Dash to Maya. Any related grant would go toward further cacao:native buybacks and burns. Our mission remains clear: return to a real and accounted supply of 100M cacao:native and move forward from there. Final figures will be confirmed shortly before the update goes live. 🎧 Listen to the full MWM session here:
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MwM #169 Recap: Recovery & Next Steps This week’s MWM focused on the recent exploit, the recovery plan, and the steps being taken to move forward. 🔹Approximately 40M excess $CACAO entered the pools during the exploit, bringing the virtual supply to 140M. 🔹Around $300K has already been recovered, and the Maya team will contribute an additional $250K from personal funds. These funds will be used to buy back and burn $CACAO. 🔹The short-term goal is to reduce the virtual supply to 120M, followed by a continued recovery toward 100M over the next 18–36 months. 🔹Trading will remain paused while the team cleans up the chain state and prepares the next version update, expected within one to two weeks. 🔹The six vulnerabilities involved in the exploit are being patched, while new automatic safeguards are being added to strengthen protocol-level monitoring. 🔹THORChain’s Huginn AI security system is coming to Maya, alongside a new AI red team designed to continuously test the protocol and identify vulnerabilities earlier. 🔹Aztec continues to move forward with its intent-based architecture and a new collaboration with Rujira, bringing additional functionality and new fee flows to the Maya and THORChain ecosystems. The recovery plan is underway. The focus now is on restoring the supply, strengthening security, and continuing to build. Listen to the full MWM recap for the complete update. nitter.net/Maya_Protocol/status/2…
Time to catch up. MWM #169 today at 12 PM CT. See you there.🔔 nitter.net/i/spaces/1wGWjlmrnaeKQ
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Time to catch up. MWM #169 today at 12 PM CT. See you there.🔔 nitter.net/i/spaces/1wGWjlmrnaeKQ
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MWM Recap #168 Listen to the full recap for all the details. Zcash: Ironwood issues are fixed, missed transactions were paid out, and a second retroactive grant is being submitted. Cardano: The audit and remediations were accepted. The team is waiting for the grant payment to add more liquidity, and introductions to Cardano projects are welcome New chains: Solana, Tron, Bitcoin Cash and BNB Smart Chain are planned for v1.133, followed by the 2.0 hard fork. All four will be bondable from launch. This will bring Maya to 10 integrated chains. More chains mean better coverage, but also more monitoring for node operators. The Ethereum gas bug was patched, improving costs and quotes. Zcash volume is looking strong, and Maya should go live on Zettel through SwapKit soon. Small team, strong reliability, more chains on the way. 🎧 Listen to the full MWM recap for the complete update. nitter.net/Maya_Protocol/status/2…
Your weekly dose of alpha lands Monday. MWM — 11 AM CT. nitter.net/i/spaces/1AJEmmgXReOJL
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Welcome to the 180th week of Maya.
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Wtf is using bridges?
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Your weekly dose of alpha lands Monday. MWM — 11 AM CT. nitter.net/i/spaces/1AJEmmgXReOJL
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