WardenSwap Announcements: Updates, Progress, and Future Plans

Warden Support 🌳
WARDEN Official
Published in
3 min readMay 2, 2024

Dear Wardenswap Community,

Warden has encountered internal difficulties recently, such as problems with financial liquidity and ineffective team management. As a result, we were unable to proceed with our plans as intended, leading to a temporary halt in feature development. We acknowledge that this is our fault, and we sincerely apologize for the impact this has had on all of the community.

Our team has been listening to the community’s feedback and concerns. we know that stopping the development of new features and not interacting with the community as much as we should have has hurt your trust in Wardenswap a lot. We would like to use this chance to talk about what’s going on with Wardenswap right now and what we have planned for the future.

In 2022, we submitted a proposal for funding from the Optimism Foundation Fund. With the community’s support and votes, we were awarded 300,000 OP tokens.

The grant was intended to help us build the Optimism community, support builders, traders, a referral program, marketing campaigns, and cover system development expenses on the Optimism network.

This was a great opportunity for us to expand our platform. Although we have distributed some tokens, progress has been limited and not in line with our initial plans.

Warden OP Grant Community Distribution #1

We’re not giving up because we know what the issues are. We’ve changed the way we work, restructured the team, and recruited a new group of experienced people to help.

We are putting a lot of effort into resolving team issues and laying the groundwork for Wardenswap’s future. Our goal is to meet our users’ needs as fully as possible, so we are working together hard to build and improve our platform.

Following the guidelines in our proposal, we intend to use the funds from Optimism in a way that will best serve the needs of our users and add value to the community.

We understand that you are worried and unsure. It will be hard to win back the community’s trust, but we are ready to work hard and show everyone what we can do. We’ll use what we’ve learned from the past to push ourselves forward.

Thank you to everyone who has continued to follow and support Wardenswap. We are committed to making Wardenswap a Web3 platform that truly creates value for its users. Don’t forget to follow our updates through various channels, as we have many plans and surprises in store for the future.

The Wardenswap Team

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Warden Support 🌳
WARDEN Official

My name is Lucifer, Admin of WardenSwap. Our project is about Dex on Blockchain. You can find me here: www.wardenswap.com