🫡❤️ MainStreet Update Dear users, Some of you may have noticed preparations for upcoming upgrades to the MainStreet smart contracts. These upgrades are being undertaken in support of the planned Morpho recovery process. We remain in close communication with MainStreet and with funds representing a significant portion of MainStreet’s creditors. AlphaPing also operates a private coordination group for these stakeholders, who may independently confirm their participation should they choose to do so. 😒 Morpho Delisting The situation remains complex, particularly because duration-based assets can be difficult to support within the current DeFi infrastructure. We are aware of the public discussion surrounding AlphaPing, although some of the commentary does not reflect the full facts or context. We are particularly disappointed to see certain individuals publicly criticizing AlphaPing after their projects benefited from our early and substantial support. We believe that history should be acknowledged fairly. Nevertheless, we will not be drawn into public disputes. Our priority remains the recovery process, transparent communication, and securing the best possible outcome for our users. 💡MuDigital The majority of affected users have already claimed their USDC, and the claims portal remains available to anyone who has not yet completed the process. ❤️ AlphaPing AlphaPing has historically offered some of the most competitive yields in the market, often in the 14%+ range. These returns came with inherent risks, including duration risk, liquidity constraints, and potential position losses. The vast majority of AlphaPing users have earned strong returns through the platform. Where matters remain unresolved, we are actively working with the relevant parties toward a constructive resolution. We remain cautiously optimistic that the majority of outstanding matters will be resolved. Recovery processes can take time, and we do not want to make promises before outcomes are confirmed. We will continue to provide meaningful updates as verified information becomes available. Thank you for your patience, trust, and continued support. The AlphaPing Team
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