Bitget-Related Announcement
Hello Holders,

We understand that you have been eagerly waiting for updates regarding Bitget. We apologize for the delay and would like to provide you with the current situation.

The PLEXUS team proposed a 1:1 swap of the 58,134,406 PLX tokens held by Bitget based on the snapshot. However, Bitget responded that they could only exchange 11,121,995,036 PLX. This amount includes the Old PLX tokens that the hacker deposited into Bitget through additional issuance. This swap would dilute the value of existing token holders' tokens by 1/23, making it unacceptable. We have explained this to Bitget but have not yet received a positive response.

We requested a trading halt from Bitget 40 minutes after the hack occurred, but trading was not suspended for 15 hours, resulting in significant losses. While the PLEXUS team is not entirely responsible for the delay in trading suspension, we have decided to ethically proceed with 100% compensation for the lost amount in new PLX tokens based on the current market price. However, Bitget has requested that compensation be provided in USDT, which we are currently unable to process. Discussions are ongoing regarding this matter.

We hope to receive a positive response from Bitget and will provide further updates as soon as possible.

Thank you.

PLX Trading Resumption and Token Swap Announcement

Hello, PLX Community!

We have important information regarding the resumption of PLX trading and the token swap.

Uniswap Listing
Listing Date: July 1st at 12pm UTC
Location: https://www.plexus.app/swap Location: https://app.uniswap.org/swap?chain=arbitrum New PLX contract: 0xFB853ACEa0E76f73F8274B521FE1611C888670Cc
Staking, Airdrops, and Other Claims
Start Date: July 1st at 12:10pm UTC
Location: https://www.plexus.app/reward Location: https://www.plexus.app/staking
PLX Tokens in Wallets
Conversion Date: July 1st at 12:10pm UTC
Method: The team will send it all to your existing wallet.
Airdrop Resumption
Period: Until July 25th

If you have any questions or issues, please feel free to contact our support team. Thank you for your continued support and participation.

217330212 The snapshot was carried out with this block number, and the current tokens in Bitget has not been exchanged yet. We are planning to exchange it with the re-listing, and as we announced, we will also proceed with 100% compensation for the damage caused by Bitget. We will inform you in detail through further notice.

The PLX Team

PLEXUS

PLEXUS Exchange | Cross-Chain DEX aggregator

PLEXUS will become Web 3.0 Binance. PLEXUS will be fully decentralized in governance and data management with DAO and blockchain technology. PLEXUS will become WEB 3.0 Onestop Exchange. PLEXUS will be fully decentralized in governance and data management…

Token Listing and Swap Announcement
The PLEXUS team would like to announce the following updates.

Uniswap Listing
- Listing Date: July 1st at 12pm UTC

Staking, Airdrops, and Other Claims
- Start Date: July 1st at 12:10pm UTC
- Location: PLEXUS website
Other Platforms
- Start Date: July 1st at 12:10pm UTC
- Claimable on: Seedify, Gamefi, Redkite, Spores (These teams will make separate announcements)

PLX Tokens in Wallets
- Conversion Date: July 1st at 12:10pm UTC
- Method: The team will convert and send new tokens to wallet addresses in bulk

Bitget Related Announcement
- Current Status: Ongoing discussions regarding token swaps and compensation
- Compensation Plan: PLEXUS team will provide 100% compensation for any issues that occurred before the trading suspension on Bitget
- Further Information: As the discussions are taking too long, we will proceed with the token swap. We will provide separate announcements regarding the relisting and token swap compensation once the discussions with Bitget are concluded.

The PLEXUS team is committed to managing your valuable assets safely and transparently. We appreciate your continued interest and support.

Thank you.

*? Bridge trading volumes Update on May 10 2024*

One chain can't handle a billion users! Crosschain is a trend of the times!

Total volume (1m): $9.039(-1.091)b
Total volume (7d): $1.649(-0.467)b
Total volume (24h): $251.61(-66.56)m

We update my bridge data every week?

PLEXUS's Theta Algorithm V2 doesn't just trade on one bridge, but divides liquidity into multiple bridges in consideration of the Sleepage Price Impact. ?

The world's best Cross-chain aggregator, PLEXUS ensures optimal exchange costs! with Theta V2?

V2 will be updated in a week. Please look forward to it! ??

*? Bridge trading volumes Update on May 02 2024*

Despite the price dip, asset movement between chains is solid!

Total volume (24h):* $318.17(+17.66)m Total volume (7d): $2.116(+0.129)b
Total volume (1m): $10.13(+-1.593)b***

We update my bridge data every Thursday!

Like and Bookmark this thread for future references?

https://twitter.com/plexus_fi/status/1785951683459358723

Exciting News – PLEXUS Theta Algorithm V2 Revolutionizes Cross-Chain Swaps!

Hey Plexians,

? Get ready for a game-changer! PLEXUS Theta Algorithm V2, dropping in Q1 2024, is set to redefine cross-chain swaps with a fusion of machine learning and Cross-chain technology.

*? Key Features:*

Big Data Mastery: Extensive liquidity data collected through relay nodes.
Machine Learning Prowess: Optimizing transactions with trained models.
Multi-Layered Transactions: Theta V2 handles transactions seamlessly across chains.
Efficient Processing: Ready for large-scale transactions, providing stability and efficiency.

? For all the details, check out our blog post .

Stay tuned for the release and witness a new era in cross-chain swapping!

Cheers,
PLEXUS team

*? PLEXUS Hits 200M in Trading Volume! ?
? Key Points:
Jan 31, 2023: Alpha version launched, reaching 200 million in transactions.
Apr 31: Beta version released.
Jul 31: Official version unveiled, introducing the first cross-chain multi-token swap by Oct 31.*

*? Growth:
Steady rise in transaction volume.
Total trading volume now surpasses an impressive 200 million.*

*? Upcoming Upgrade:
Theta Algorithm V2 coming before Mar 31.
Promises more efficiency and security for explosive growth.*

*? Impressive Stats:
2.44 million transactions.
5.42 million total users.
117,000 in the user base.*

*? Trust and Adoption:
PLEXUS's success reflects user trust and widespread adoption.*

*? What's Next:
Exciting details on Theta Algorithm V2 in an upcoming blog post.
PLEXUS dedicated to advancing the blockchain community.*

? Check the blog for more details?

Important Notice: Airdrop Contract Transfer and Claim Process
Dear Plexians,

As part of our ongoing efforts to enhance and streamline our operations, we will be transferring the Airdrop contracts for the months of December and Jan

Airdrop Contract Transfer:
We will be initiating the transfer of Airdrop contracts to a consolidated and more efficient system.
During this transition, the PLX tokens will be temporarily removed from the existing contract.
Claiming Process:
After the transfer is completed, you will be able to claim your airdrop rewards again.
Please ensure to check our official communication channels for updates on the completion of the transfer.

Integrated Airdrop Contract:
The PLX tokens will be moved to an integrated Airdrop contract, simplifying the claiming process for our community members.

Action Required:
No action is required from your end during the transfer process.
Once the migration is complete, you can proceed to claim your airdrop rewards as usual.

Timeline:
The transfer process will commence on February 23, 2024 and is expected to be completed in 5 hours.
Regular updates will be posted on our official channels to keep you informed.
We appreciate your understanding and cooperation during this transition.
Thank you for being a valued member of our community.

Best regards,

PLEXUS team

PLEXUS Bug Bounty Program - Earn 20,000 Points!?****

Dear Plexians,

Exciting news! We're launching our Bug Bounty Program, inviting security experts like you to help us find and fix vulnerabilities, including UI&UX errors. Report a valid issue, and you'll earn 10,000 points, redeemable for fantastic rewards.

How to Participate:

1. Discover and report security vulnerabilities, including UI&UX errors, to [here].
2. Include detailed steps to reproduce the issue.
3. Bonus: Submit photo or video documentation for extra recognition and potential adoption.
Responsible Disclosure: Please avoid exploiting beyond validation needs. Allow us time to fix issues before public disclosure.

Your contributions make PLEXUS safer and enhance the user experience for all. We appreciate your support!

Best, PLEXUS team