An update on the BonkDAO treasury. As we shared on July 6, a governance proposal moved assets out of the community treasury. Since then, we have been exploring all avenues for recovery. The wallets involved remain flagged and monitored. The BONK token itself was not compromised. No user funds or wallets were affected. To our knowledge, no other projects or protocols were impacted. This was isolated to the community treasury and a single vote. We are still gathering all the facts and a formal post mortem is forthcoming. BONK is safe to hold, use, and trade. You may notice precautionary labels on BONK, or temporary pauses on deposits or withdrawals, on some exchanges. These measures help keep the affected treasury funds from moving, and they protect the community while recovery efforts continue. We know the friction is frustrating, and we are working with the exchanges to restore normal activity as soon as possible. Resolving something like this in a decentralized system is complex and takes time, and we ask for your patience. We are working around the clock, and we will continue to share updates on progress. The Dog will never stop building ❗️❗️❗️(BONK!!!)