To the Klever Community,
We have a major positive update today regarding our recovery timeline. The sequential restoration plan we outlined yesterday has been successfully executed, and we are back to full functionality.
1. Full Ecosystem Restoration
All products across the Klever ecosystem have officially returned to normal operations. The critical dependencies have been resolved:
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bitcoin.me: Fully operational and rebalanced.
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Market Makers: Safely reactivated and providing liquidity across our partner CEXs.
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KLV Swap: Fully restored and active inside both the Klever Wallet and VoxSwap.
2. Protocol Security & Active Monitoring
Our defensive posture remains on high alert. We are continuing the active use of AI-assisted monitoring tools to proactively detect any potential exploit signatures on the network. We are monitoring the chain around the clock, and if any necessity arises, we are fully prepared to push new release candidate (RC) versions to our validators immediately.
Simultaneously, our core development team is still heads-down building the Native Sanitary Check directly into the Klever protocol. This invariant check will act as our permanent, automated fail-safe against any future settlement anomalies.
3. Supply Accounting & Buyback Program
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Unregistered KLV Burn: Development is actively continuing on the specialized on-chain proposal procedure. This mechanism will allow us to safely burn the “unregistered” KLV and correct the ledger without breaking the network’s supply math.
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Buyback Program: The strategy for the buyback is taking solid shape. We are currently finalizing the mechanics and will have news very soon regarding exactly how and when it will be executed.
Getting the ecosystem back to normal operation was our immediate priority, but the work is not done until the supply accounting is fully reconciled and the structural protocol upgrades are live.
Thank you for your unwavering trust and support throughout this phase. We will be back with more updates as soon as we have new developments to share.
Best,
DK