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The moment you have all been waiting for...
Xeonites - Testnet is officially LIVE
▶️ app.xeon-protocol.io/
One small step towards Mainnet, one GIANT leap towards reDeFining Decentralised Finance 🌙
Operations remain on hold following the incident.
Pending legal proceedings, represented by @BurwickLaw.
XEON will pursue Depin via DefAI and tokenized stocks on Solana once operations resume. Nothing is ever truly over.
Stay tuned.
Make sure you get KYC'd by @AssureDefi
Xeon had a major security incident Friday 20 Sept, which unfortunately resulted in the loss of funds. Through the prudent help of Assure DeFi our KYC partner, we managed to have the perpetrator caught, a former employee.
Assure DeFi will send their report directly to law enforcement agency contacts in an attempt to drive action.
Cc @HeyJonBray
We are working closely with all our partners including @PROOFplatform on the next steps in resolving the damage done. The damage has been contained.
More details will be shared soon.
Development Update!
Testnet V2 contracts deployed on Base Sepolia (5 contracts).
Dapp integration ongoing this weekend.
Detailed update and relaunch news on Monday.
ETA for Dapp & website: Wed or Fri, Nov 29.
No new updates on compensation yet.
Make sure you get KYC'd by @AssureDefi
Xeon had a major security incident Friday 20 Sept, which unfortunately resulted in the loss of funds. Through the prudent help of Assure DeFi our KYC partner, we managed to have the perpetrator caught, a former employee.
Assure DeFi will send their report directly to law enforcement agency contacts in an attempt to drive action.
Cc @HeyJonBray
We are working closely with all our partners including @PROOFplatform on the next steps in resolving the damage done. The damage has been contained.
More details will be shared soon.
Investigation Completed for $XEON ✅
We are committed to driving accountability for bad actors in this space.
Assure DeFi is different. No other KYC provider in the space pursues fraud in the way we do.
We're here to help.
Link to full report 👇
CRUCIAL UPDATE ON TESTNET SEASON 2 X SPACES🚨🚨
Due to technical issues, we have shifted our X Spaces to the following link hosted by our CTO @HeyJonBray: xitter.cf/i/spaces/1kvJpblbkaZKE
Join in now for a season packed with Alpha and rewards Xeonites!
We are going live in 30 minutes with our Season 2 Testnet AMA Xeonites!
If you were looking for a reminder to not fade alpha - here it is 👇
xitter.cf/i/spaces/1MYGNMNmWjzKw
The wait is over.
Season 2 of Testnet is HERE!
And we're dropping all the alpha tomorrow on our Spaces AMA 👀
Date🗓️: 17/09/24
Time⏰: 11am ET
CTO & chief cook @HeyJonBray will be there to answer all your questions on:
(i) Our latest staking, hedging and equity swaps modules
(ii) How to interact with testnet
(iii) Points, points, points (and how to get em)
And more alpha!
Don't fade $XEON - we're just geting started 🔥
The wait is over.
Season 2 of Testnet is HERE!
And we're dropping all the alpha tomorrow on our Spaces AMA 👀
Date🗓️: 17/09/24
Time⏰: 11am ET
CTO & chief cook @HeyJonBray will be there to answer all your questions on:
(i) Our latest staking, hedging and equity swaps modules
(ii) How to interact with testnet
(iii) Points, points, points (and how to get em)
And more alpha!
Don't fade $XEON - we're just geting started 🔥
We’re excited to launch Season 2 of our testnet campaign!
Here’s what’s included:
1️⃣ Redefined Mechanics: Explore and experiment with our full product suite.
2️⃣ Educational Content on Xeon: Dive into our educational pieces and engage with quizzes to learn why reDeFined DeFi matters.
3️⃣ Referrals: Earn rewards by inviting new users to join our platform.
The reDeFining of finance has officially begun—jump in and be part of the movement Xeonites.
We’re proud to be a truly decentralized community
More than 80% of tokens are held by everyday Defi Users and Liquidity Providers!
What does this mean for us?
- Strong protection against governance attacks
- Every holder has more influence over proposals
- Reduced risk of whale manipulation
This is the strength of an organic community, built steadily over time!
Season 2 of our Testnet is approaching fast.
Make sure to join our Telegram Community for the REAL Alpha. We're opening the gates for new Xeonites to join us in our mission.
Remember, loyalty pays (in $XEON tokens 👀)
Join now or fade at your own risk ⚠️ ⏬️
DeFi is Broken | Part Two
After discussing the flaws in DeFi lending and borrowing.
Let's explore Hedging — The Risk Mitigator.
🧵 ⏬
4️⃣ Dynamic Pacts: Parties can agree on adjusted terms through the lifecycle of a hedge.
5⃣ Unplug Requests: Increase a deal's premium before expiry with top-ups, or request to expedite settlement to the current date and time.
5️⃣ Top-Ups: Parties can request an increase in the deal's premium before expiry.
For more details on hedging, check out our
- Hedging Part 1: medium.com/@xeonprotocol/neo…
- Hedging Part 2: medium.com/@xeonprotocol/neo…
One step closer to reDeFining DeFi 💯











