### Author:  [@mbarret3](https://talk.harmony.one/u/mbarret3)
#### Post date: [September 20, 2023, 4:49pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/66 "2023-09-20T16:49:07Z")
>
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### Author:  [@mbarret3](https://talk.harmony.one/u/mbarret3)
#### Post date: [October 3, 2023, 12:26am UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/67 "2023-10-03T00:26:06Z")
> **[Meet The R1 Ambassadors: Accelerating the Recovery Mission](https://recoveryonefoundation.medium.com/meet-the-r1-ambassadors-accelerating-the-recovery-mission-f2d358df2597)**
>
> Introducing the next phase of Recovery One Foundation’s recovery efforts.
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### Author:  [@xhungx](https://talk.harmony.one/u/xhungx)
#### Post date: [October 11, 2023, 4:43am UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/68 "2023-10-11T04:43:25Z")
Hey Buddy, Any update news for AAVE recovery ?
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### Author:  [@mbarret3](https://talk.harmony.one/u/mbarret3)
#### Post date: [October 13, 2023, 8:12pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/69 "2023-10-13T20:12:14Z")
The R1 Ambassadors will help with this initiative.
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### Author:  [@CypLef](https://talk.harmony.one/u/CypLef)
#### Post date: [October 23, 2023, 5:39pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/70 "2023-10-23T17:39:31Z")
Hello !
I didn’t follow the recovery plan for more than a year and I don’t understand why my address is not in the pre-hacked list. My 1assets were stacked on stakeDAO (It was on curve + stakeDAO).
Can you explain me why I’m not in the list ? I can give my address if needed.
Thanks
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### Author:  [@TrickLuhDaKidz](https://talk.harmony.one/u/TrickLuhDaKidz)
#### Post date: [October 30, 2023, 2:58pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/71 "2023-10-30T14:58:25Z")
> [@cocojazztv](#):
>
> Even if you burn 99.9% of the circulating supply, the remainings 0.1% tokens will still have no value.
>
> Can you explain to me how do you want to regain the peg without having new assets comming on ethereum side of the bridge?
Repeg is literally impossible and won’t happen for the reason you mentioned.
Harmony is merely trying to burn worthless assets for as cheaply as possible. They’re “reimbursing” users who lost money - due to Harmony’s own negligence - for pennies on the dollar.
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### Author:  [@mbarret3](https://talk.harmony.one/u/mbarret3)
#### Post date: [November 4, 2023, 3:00am UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/72 "2023-11-04T03:00:30Z")
One of the R1 Ambassadors. Please weigh in.
> **[AAVE V3 Harmony Recovery ONE Proposal](https://governance.aave.com/t/aave-v3-harmony-recovery-one-proposal/15330)**
>
> What Happened: In June 2022, a hack on the Horizon Bridge resulted in an exploit on Harmony’s ERC Bridge, leading to a total loss of approximately $100,000,000. This hack causing an excessive printing of 1Assets like 1USDC and 1USDT, which...
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### Author:  [@mbarret3](https://talk.harmony.one/u/mbarret3)
#### Post date: [November 19, 2023, 3:25pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/73 "2023-11-19T15:25:10Z")
I’m not sure if you’ve seen it, but The Defiant recently published an article about this process. As we continue with the recovery, I expect more media coverage to highlight the efforts of the community, Aave, and Harmony in rectifying the situation.
[The Defiant Article: Aave Assets Still Stuck Over a Year After $100M Harmony Bridge Hack](https://thedefiant.io/aave-assets-are-still-stuck-over-a-year-after-usd100m-harmony-bridge-hack)
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### Author:  [@ginormousDAO69](https://talk.harmony.one/u/ginormousDAO69)
#### Post date: [November 20, 2023, 9:29pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/74 "2023-11-20T21:29:41Z")
Hi @mbarret3,
I see modulo started the latest round yesterday. When do you think Recovery.exchange will start this round? Are you also switching from USD to WONE?
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### Author:  [@FreezeBtc](https://talk.harmony.one/u/FreezeBtc)
#### Post date: [November 21, 2023, 10:31pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/75 "2023-11-21T22:31:55Z")
I didn’t really follow but is there a reason to switch from USDC to WONE? It’s way less advantageous and attractive
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### Author:  [@ginormousDAO69](https://talk.harmony.one/u/ginormousDAO69)
#### Post date: [November 22, 2023, 1:19am UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/76 "2023-11-22T01:19:43Z")
I’d assume it’s because the staking rewards are in ONE so it would be a waste to convert it all to USDC but not 100% sure
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### Author:  [@FreezeBtc](https://talk.harmony.one/u/FreezeBtc)
#### Post date: [November 22, 2023, 9:10am UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/77 "2023-11-22T09:10:49Z")
Ok make sense but for us, the community, I find it -EV.
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### Author:  [@cocojazztv](https://talk.harmony.one/u/cocojazztv)
#### Post date: [December 4, 2023, 11:25pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/78 "2023-12-04T23:25:52Z")
Hi,
When you have swapped your depegged 1assets to USDC using R1 recovery exchange, what can you do with those pegged USDC ? I could’nt succeed to find any Dex that recognise them, to swap back to WONE or to send them on a CEX to get 10% of my money back.
Please advise and give solution to use/swap those USDC because for the moment they are event more useless assets than the original 1USDC that I could have swaped on SushiSwap.
Thanks
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### Author:  [@FreezeBtc](https://talk.harmony.one/u/FreezeBtc)
#### Post date: [December 6, 2023, 8:44pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/79 "2023-12-06T20:44:18Z")
> [@cocojazztv](#):
>
> d’nt succeed to find any Dex that recognise them, to swap back to WONE or to send them on a CEX to get 10
I think you can swap them against Wone or anything through sushi, or just use an aggregator like openOcean. And these assets can be bridge back to mainet or at least BNB Chain with the new Bridge too i think.
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### Author:  [@ggg1000](https://talk.harmony.one/u/ggg1000)
#### Post date: [December 8, 2023, 10:02pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/80 "2023-12-08T22:02:13Z")
Did you managed to find a bridge and successfully swap?
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### Author:  [@ggg1000](https://talk.harmony.one/u/ggg1000)
#### Post date: [December 8, 2023, 10:03pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/81 "2023-12-08T22:03:05Z")
Has anyone successfully completed a recovery burn?
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### Author:  [@FreezeBtc](https://talk.harmony.one/u/FreezeBtc)
#### Post date: [December 9, 2023, 6:20pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/82 "2023-12-09T18:20:07Z")
I successfully swap back to various other assets yes, using Sushi and openOcean. For the bridge I think it’s this one:
[https://layerzero.bridge.harmony.one/erc20](https://layerzero.bridge.harmony.one/erc20)
Did try it personally yet
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### Author:  [@gg-lmao](https://talk.harmony.one/u/gg-lmao)
#### Post date: [December 11, 2023, 12:27pm UTC](https://talk.harmony.one/t/recovery-one-burn-phase-v2/22645/83 "2023-12-11T12:27:56Z")
Hi, I would like some update as to what happened to the USDC promised by Harmony’s treasury used for recovery (used to be $120k for the three recovery partners).
Now that Tranquil is no longer a recovery partner for a few months now, I noticed that the $40k USD per month designated to tranquil is no longer being delivered. Shouldn’t this be a $20k increase each in budget for modulo and recovery.exchange?
It looks like the last round only used the staking rewards for the recovery, correct me if I am wrong.
If this is the case then it seems to be untruthful by the Harmony team which promised $120k USD of treasury to be allocated every month for recovery.
Clarity needs to be established here and in your articles.
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