Here's the status of unraveling bHBD and bHIVE. We are working through tickets as fast as possible.

Currently $50,000 worth of bHBD is being unwound. We are sunsetting the Wrapped Tokens protocol and with this sunset program - as many of you have been aware for months - we have a powerdown protocol to pay out HBD to bHBD unwraps 1x per week for 13 weeks

This allows us to spread unwraps to avoid a run-for-the-exits spiral. It's been working for the past several months and now with the announcement of CUB/POLYCUB being sunset, we are in the final stages

This should be the last of the HBD to get unwrapped. Roughly 4,000 HBD getting paid out weekly. We're making this happen as efficiently and smoothly as we are capable.

Thank you to everyone for your patience while we sunset these old protocols and move forward. 🦁❤️