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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Jaephoenix on June 10, 2022, 11:09:41 PM

Title: Evo Bridge is falling down, my dear lady
Post by: Jaephoenix on June 10, 2022, 11:09:41 PM

This particular nursery rhyme has been ringing in my head for days now, precisely 3 days. EvoBridge which is a common multichain swap has been illiquid for quite some time. Swaps don't work, especially from Emerald Oasis paratime to other blockchains like BSC, Ethereum wouldn't get stuck for days, of which the team eventually added a cancel button on the UI. My 8k USDT is stuck on Oasis chain which I framed in ValleySwap(who have been fingered in the accusations)
The puzzling aspect is there is silence from the team. Both Valleyswap and EvoBridge has muted their groups for days, and of course, speculations of a slow or soft rug swirling. All backed with evidence of movement of funds out of EvoBridge wallets
What do you guys think? Soft rug or hiccup

Title: Re: Evo Bridge is falling down, my dear lady
Post by: Jaephoenix on June 15, 2022, 12:30:58 AM

Looks like I was a bit hasty. There is news that the bridge has opened but allowing minimal withdrawals with liquidity attached to some selected chains only. Lets watch and see