Hey all Everyone

Really terrible to see the wallet exploit across Solana today... hoping everyone is doing alright.

While Raydium is not impacted directly, some users have asked if unstaking RAY to send to new/hard wallets will affect AcceleRaytor eligibility. To allow users to take precautions, staking snapshots for AcceleRaytor will pause from today Aug 3 until further notice.

This means, you can unstake RAY at this time without affecting your original wallet's staking period for now. Once more is known about the situation, the current plan is to give a grace period (at least 7 days) so users can ensure their original wallet is not compromised and restake without penalty.

Alternative options are also being considered and updates to come. Stay safe all.

https://twitter.com/RaydiumProtocol/status/1554771365839847424?s=20&t=j7gVLvr4RMc09CbCq9kwHw

Hello Raydiators - Raydium is featured in the first season of the Solana Insights podcast!

Join us on twitter for a discussion with 0xINFRA and a chance to win a share of the prize pool 🙌

https://twitter.com/raydiumprotocol/status/1556549242415620096?s=21&t=UuC5Mcds7ujB3SAlXs_TiQ

Happy Friday all!

Following recent wallet security issues, many users took precautions to move to new/hard wallets. RAY staking snapshots were paused from Aug 3 so users could focus on security.

In line with this, an optional tool to migrate and link staking history to a new wallet is now live on Raydium.

The tool is available until Aug 19, 10:00UTC, when snapshots will resume for AcceleRaytor. And just to make sure no one who acted quickly prior to the wallet exploit gets left out, the grace period for snapshots will be from Aug 2, 00:00UTC.

⚠️ Note that linking a new wallet is entirely optional. For users that want to keep wallets that staked prior to Aug 3, no action is needed. Just keep staking and stay safe.

If you do plan to migrate staking history and link a new wallet, make sure to read full details below, then visit the staking page: https://docs.raydium.io/raydium/updates/staking-history-tool

Stay safe Raydiators! ♥️

Hey all,

Just a friendly reminder on the previous announcement regarding the migration tool for staking history!

There's still time to make sure your wallet is secure while also linking RAY staking history to a new/hard wallet. The migration tool will be available until Aug 19, 10:00 UTC ♥️

https://twitter.com/RaydiumProtocol/status/1559871670562656256?s=20&t=fRz6lxnw7Gd2FM6v9CukvQ

Just a quick check-in, Raydiators.

Considering the events of the past week, the importance of #DeFi is clearer than ever.

And despite current market conditions & increased network stress, Raydium continues to operate as normal while driving ecosystem-wide liquidity on Solana

The Raydium AMM continues to provide liquidity and market make on Serum at a time when orders on the book are thin.

Raydium will continue building alongside the community and teams working to solidify DeFi’s future on Solana. Stay safe all! 💪

https://twitter.com/RaydiumProtocol/status/1590612589163458561

Hi everyone, here is our update at the moment. Do let us know if you need any help or if you do have any questions. We are always here for everyone.

https://twitter.com/RaydiumProtocol/status/1591815304824639490

You asked for an update? 👀 We are excited to present the permissionless CLMM, more details in the twit below

https://twitter.com/RaydiumProtocol/status/1592853731074527233?s=20&t=Si8x9a_skLAGbR3_nui0Yg

Hi everyone, do check out our discord announcement, it's quite a long one, take your time to go through it.

https://discord.com/channels/813741812598439958/813748387492397056/1043100664517120000

Hi everyone, in line with Raydium's move away from Serum & towards a new path with openbookdex, new order creation on the trading page (a Serum GUI) is now disabled.

Please cancel & settle existing orders

All order interactions w Serum will be fully deprecated Dec 14. Please check the tweet for more details!

https://twitter.com/RaydiumProtocol/status/1597965504408621063

Hi everyone, Raydium will be on twitter space in 1.5 hours more at 3pm UTC, do join us here 😉

https://twitter.com/i/spaces/1LyxBqZPQOYJN

An exploit on Raydium is being investigated that affected liquidity pools. Details to follow as more is known

Initial understanding is owner authority was overtaken by attacker, but authority has been halted on AMM & farm programs for now

https://twitter.com/RaydiumProtocol/status/1603762271028748289?t=QGuEoqgfitilCvAB8n4aeQ&s=19

Exploit update: Full medium post below w further details, solutions implemented, and next steps.

Raydium greatly appreciates the support & help received from teams, the community, and security experts across Solana up until now. More to come.

https://medium.com/@raydium/detailed-post-mortem-and-next-steps-d6d6dd461c3e

Hi everyone, you can find a follow up to recent events here:

https://twitter.com/raydiumprotocol/status/1605256978372055040?s=46&t=xcb5DmZCpf9Rr0F4cBo3FA

Thank you for your support during this difficult situation. Again, please reach through DMs here or on Discord w any info on the attacker or exploit.

More updates will be provided in the coming days.

Hi everyone, thank you for the patience so far. We have an initial proposal on a way forward do feel free to join in the discussion

https://twitter.com/RaydiumProtocol/status/1605531145130504197

Hey everyone, just a reminder we are going to give another day or so for the governance discussion to start the reimbursement of funds lost. Target is to get it to a vote EOD on Dec 23 UTC+0

TLDR is to use protocol revenue, earmarked for RAY buybacks to offset the loss to LPs.

If you have any questions or concerns, please comment on the proposal to let us know https://raydium.discourse.group/t/potential-compensation-plan-and-paths-forward-following-dec-16-exploit/15

Dear community members,

As the holiday season approaches, we want to take a moment to wish all of you a very Merry Christmas and a Happy New Year!

We hope that you will be able to spend some quality time with your loved ones, and take a well-deserved break from the daily grind. It's been a challenging year for all of us, but we are grateful to have such a wonderful community to rely on and support one another through it all.

We also wanted to let you know that the Community Managers will still be around to answer any questions you may have, but please note that there may be a delay of 30 to 60 minutes in response time during the holidays (Christmas, 25th December and New Year’s, 1st January). We appreciate your patience and understanding during this time.

Please be wary of scammers DMing you acting as CMs replacement as there will be no such replacement. Admins WILL NEVER DM you! Only reach us through our Discord server or Telegram Channel.

Thank you for being a part of our community and for your continued support. We look forward to continuing to serve you and work together in the new year.

Wishing you all the best,

The proposal on a plan for remediation of funds following the recent exploit is live:

https://app.realms.today/dao/Raydium/proposal/42SGwUnhp6Dma8uT1mLd4Ahg1SeLS2RPDkRDW8wkNGEn…

This is the first step in beginning the compensation process, everyone is encouraged to vote.

You can vote by visiting the Realms link, depositing RAY, and voting

RAY staking snapshots will be paused until Jan 3rd, 12:00UTC for wallets that participate in this vote

Original proposal discussion can be found here
https://raydium.discourse.group/t/potential-compensation-plan-and-paths-forward-following-dec-16-exploit/15

Last but not least voting goes until approx Dec 30th at 11:45 UTC

https://twitter.com/RaydiumProtocol/status/1607704916864421889?t=pjGJj_ba7CQE_DYKze58jw&s=19