0x0e860f44…8a57sent to0xc8a65fad…9963·#13,062,990·view on Etherscan
We hope to clarify with you the situation with regards to unlocking USDT assets. In order to ensure the transparency of information, we have compiled our actions related to USDT assets. We have been maintaining close communication with Tether and referring to their standard procedures, so it was not until last night that Tether let us know the final solution:
(Aug-10-2021 12:30 PM +UTC) Poly Network reports issue to Tether team
(Aug-10-2021 01:40 PM +UTC) Tether team freezes $USDT on 0xC8a65Fadf0e0dDAf421F28FEAb69Bf6E2E589963
(Aug-12-2021 02:20 PM +UTC) Poly Network starts discussing with Tether team the procedure for tokens reissuance
(Aug-12-2021 05:38 PM +UTC) Poly Network sends "we are discussing with tether team about the locked usdt." tx:0x6c4dbf770b84d97fef3a1088cfa92f1af724dabfdbd43839b82bc9bc80b7f1c4
(Aug-13-2021 04:30 PM +UTC) Tether provides formal instructions regarding how to recover USDt tokens
(Aug-19-2021 03:50 PM +UTC) Tether asks Poly Network to confirm that 0x71 multisig address is correct to return USDT to Poly Network
(Aug-19-2021 06:00 PM +UTC) Poly Network confirms the address and further coordinate with Tether remaining steps.
Thank you for assisting us in returning DAI assets. We will restore USDC assets as soon as possible and begin preparations for the restoration of wBTC and ETH assets.
Poly Network does not have own token, and it does not charge users or projects any fees. As an independent project, we have no budget apart from grants from establishing members. Maybe in the future we will have a bigger budget after fund raising, but currently this 160 ETH (500k USD) bounty is a considerable amount for our team. We did not want to make fun of anyone, we just wanted to build a good product. By giving the bounty we want to express our gratitude, because security has always been our top priority.
There were some misunderstandings in the last 10 days because a lot of things were happening. Hope we will have a more efficient communication and never lose synchronization in the future.