Update: Ethereum: ALL withdrawals on Ethereum were completed today already (in wUST). All new withdrawals on Ethereum should be also be done quickly - provided EthAnchor is up and will fullfil them. Polygon: There is a delay with withdrawals on Polygon - as our partner Gogo Coin asked to consult with their community whether they will be OK with all withdrawals to be in UST. Gogo plans to confirm about this by tomorrow morning EST time and then we will be able to continue processing Polygon withdrawals: If UST is OK - Polygon withdrawals will be completed within a few hours (this is dependent only on EthAnchor). If withdrawals will have to be in USDC (per current UST rate) - it might take several days to a week to fullfill them as this dependent on both EthAnchor and Curve. Orion team is doing everything we can to fullfil all users withdrawal requests and provide you updates about this process.

Based on users requests and the vote, Orion Money have implemented this morning all withdrawals in wUST (on both Ethereum and Polygon). 1. This will help to process all existing withdrawals within next 24 hours, otherwise it would have taken much longer due to Curve low UST liquidity 2. New withdrawals should be processed now much faster in wUST and users will also pay lower gas fees Users will be able to either swap their UST themselves - on

curve.fi

(Ethereum)or

app.paraswap.io

(Polygon) or hodl it. The above timelines still depend on EthAnchor stability which is out of our control. More here:

twitter.com

Orion Money T&C:

orion.money

Based on users requests and the vote, Orion Money have implemented this morning all withdrawals in wUST (on both Ethereum and Polygon). 1. This will help to process all existing withdrawals within next 24 hours, otherwise it would have taken much longer due to Curve low UST liquidity 2. New withdrawals should be processed now much faster in wUST and users will also pay lower gas fees Users will be able to either swap their UST themselves - on

curve.fi

(Ethereum)or

app.paraswap.io

(Polygon) or hodl it. The above timelines still depend on EthAnchor stability which is out of our control. More here:

twitter.com

Orion Money T&C:

orion.money

Update about withdrawals in UST: please read

twitter.com

Update about withdrawals in UST: please read

twitter.com

With the vast majority of tokens now allocated, we’re overjoyed with the response to our token sale despite market conditions. Thank you all so much for your incredible support! Recent crypto events inevitably reduced overall participation levels. This doesn’t affect our ability to continue building a product suite that changes the DeFi landscape. We’re well-capitalized and an extended bear market would present a welcome opportunity to continue to hire aggressively and consolidate our position as a market leader for the next bull market. The sale period ends 14 May 17:00 UTC today, or when all tokens are sold. If you haven’t taken part and wish to do so, use this link:

sales.coinlist.co

Let’s get building! 🌊 Not available for residents and citizens of the United States, China, South Korea, and Canada, and other restricted jurisdictions.

Update: EthAnchor is now sending UST back from Terra, BUT due to low liquidity on Curve it might take another several days (or longer) to swap UST to other coins. Based from the above user asks - this seems like a better option -> Would you like the current and future withdrawals be done only in the UST? 1. It will be significanly faster to receive withdrawals this way (note: devs will need to make changes in the code - maybe 12-24 hours needed) 2. UST amount will be as requested 1:1 3. If new Terra chain proposal is implemented, users will hold UST and can benefit from this too Would you like the current and future withdrawals be done only in the UST? => Please vote in the poll above. Once you received UST you can hodl it or sell on

curve.fi

on Ethereum or

app.paraswap.io

for Polygon

Update: EthAnchor is now sending UST back from Terra, BUT due to low liquidity on Curve it might take another several days (or longer) to swap UST to other coins. Based from the above user asks - this seems like a better option -> Would you like the current and future withdrawals be done only in the UST? 1. It will be significanly faster to receive withdrawals this way (note: devs will need to make changes in the code - maybe 12-24 hours needed) 2. UST amount will be as requested 1:1 3. If new Terra chain proposal is implemented, users will hold UST and can benefit from this too Would you like the current and future withdrawals be done only in the UST? This would be implemented for both Ethereum and Polygon chains. If several people like or reply yes to this - we will start a poll for 1-2 hours to get more feedback, and if majority yes on the poll - will ask devs to implement this.

I think if you read the pinned updates - you will see that we tried (and continue trying) to get all user withdrawals processed. All withdrawal requests were processed by Orion Money smart contracts in a timely manner, but what they do is requesting a withdrawal from EthAnchor - over which we have no control at all. EthAchor got stopped many times and we are constantly asking their team to unblock it and process all withdrawals ASAP. Please read pinned and you will see all updates one by one. We're in touch with EthAnchor right now too and will have another update from them in a couple of hours. It is a very tough situation for everybody here including our team and we're doing all we practically can and to the best of our abilities. The best we can do is to be midful of the situation and help each other.

Update: We pinged EthAnchor team many time but no result yet. We have all withdrawals sent by Orion Money to EthAnchor but most of them are stuck on their side. I realize that they are crazy busy now too but we asked to prioritize this. We'll keep pinging EthAnchor and will try to get somebody from Terra to help with this too.

twitter.com

twitter.com

Pls check the updates in pinned. We're trying to provide any updates once we have them. Right now Terra validators are working on the patch and restarting the Terra network. All requested withdrawals were passed by Orion smart contracts to EthAnchor and now on their side. Once Terra chain re-starts EthAnchor should start processing them and we will be pinging them to speed it up.

Final chance to join the queue! Good luck to all Ondonians! We have an exciting future ahead. Standard Queue:

sales.coinlist.co

Preferred List Queue:

sales.coinlist.co

Not available for residents and citizens of the United States, China, South Korea, and Canada, and other restricted jurisdictions.

Update from Terra:

twitter.com

Update from Terra:

twitter.com