STATUS NETWORK VAULTS // FINAL UPDATE
✅ all pre-deposit vaults are now open for withdrawals: ETH, GUSD, LINEA and SNT
✅ you've already received all rewards and accrued yield
REMINDER:
⬇️ withdraw your tokens from all vaults now:
1,196 addresses deposited a total of $12.1M and received ~14% APY in rewards and accrued yield on average
the stablecoin vault ended up delivering >26% average APY 🫡
there's still $3.3M sitting in the vaults —> this is your sign to withdraw now if you haven't already
STATUS NETWORK VAULTS // FINAL UPDATE
✅ all pre-deposit vaults are now open for withdrawals: ETH, GUSD, LINEA and SNT
✅ you've already received all rewards and accrued yield
REMINDER:
⬇️ withdraw your tokens from all vaults now: hub.status.network/pre-deposits
GUSD pre-depositors:
⭐️ your yield has been airdropped as USDC on Linea!
actual USDC yield came in ~12% above the checker estimate (hub.status.network/checker)
one of my biggest regrets about not launching @StatusL2 mainnet is that we'll never get to use our elite chain ID:
373
(direct reference to 3,3 which was the basis of the chain with native yield redistributed by reputation holders)
🔵 GUSD vault open for withdrawals 🔵
you can now withdraw your GUSD deposits in USDC or USDT on Linea Mainnet by going directly to the GUSD app:
>> app.generic.money
GUSD yield will be airdropped in USDC on Linea Mainnet next week
🔵 GUSD vault open for withdrawals 🔵
you can now withdraw your GUSD deposits in USDC or USDT on Linea Mainnet by going directly to the GUSD app:
>> app.generic.money
GUSD yield will be airdropped in USDC on Linea Mainnet next week
update on the GUSD vaults and airdrop:
the Generic Protocol team is currently working on something behind the scenes, we hope to be able to share more before the end of the week
they will then proceed to open the GUSD vault
in any case funds are safu & ready to be distributed
The Status Network airdrop confirms that the era of airdrops is still alive.
The project also had 2 testnets, and these testnets were used as multipliers for those who deposited funds into the pre-deposit vault. This is a very interesting mechanic.
It’s important to
✅ AIRDROP DONE: CHECK YOUR WALLETS
- LINEA and SNT rewards have been distributed
- accrued ETH yield was also airdropped
- accrued GUSD yield to be airdropped early next week
⭐️ WITHDRAW YOUR ETH & SNT DEPOSITS ⭐️
ETH and SNT vaults are now open for withdrawals
as part of