With 60% in favor, the Recovery Exchange will remain limited to pre-hack addresses, wallets impacted by the hack, and R1 voters.
Thank you to everyONE who participated. 
https://x.com/recoveryonefdn/status/1935532512010469876
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Thank you for the past updates. Personally I would love to see some more clarification being made on topics we have been discussing in the past:
- Salary and transparancy on rewards for the recoveryone team.
- Burn logs from CEX buys, I believe those should have been available from the start
- Why is the recoveryone foundation so opaque on its operations?
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Guys. Due to the recent market development and the fear involving a possible WW beginning. I believe we must discuss a pause of the recovery. Dumping 10kk ones monthly is delaying the token recovery and is making it less attractive for the current and future users. I believe that getting a pause while the token gets some space to breathe and recover, will give us enough space later to resume the recovery program and do it more efficiently. We all want the best for the ecosystem. But with the current dumps, our token, performed way worse than others. Getting much lower lows and much lowers highs than the previous movements.
The easiest solution is just let people exchange their depegged assets for ONE instead of USDC. We don’t need to suspend the whole recovery
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This won’t change anything. Perhaps we can design a vesting protocol similar to kava. Where you must keep the token received in stake for a particular amount of time, before retrieve it. By this way, the dump will happen, but in a controlled manner and after sometime, not all ant once.
I call to permanently halt operations.
Hello all, it’s important to periodically restate and clarify the key qualities and concepts of the recovery process, even if the questions asked are rhetorical.
Recovery ONE has documented the recovery process from our initial proposal in summer 2022 through to summer 2025, with a core focus on stakeholder involvement from the start. This involvement includes engagement with large protocols and industry partners, regular updates to the Harmony ecosystem and community on the Harmony Forum, monthly recovery summaries on Medium, and more frequent communications on X, RMC reports, and additional cross-platform communications. Since the summer of 2022, the R1 team has launched two ambassador cohorts to identify, train, and elevate community members, thereby growing talent and broadening support, participation, and restoration. Additionally, R1 has communicated on behalf of other burn partners, reporting each month. Steering member fees have been reduced since inception and are outlined in the Talk Forum and in the monthly summaries.
We continue to support the inclusion of a third burn partner following Tranquil’s exit. We recognize that members of the RMC are also active within CLD and that 4MCrypto has expressed interest in joining the Burn Partner program. We understand the motivations of these stakeholders and acknowledge their ongoing efforts to be assigned a recovery burn partner, as Modulo and Recovery ONE have been.
Regarding the burn mechanism, Recovery Exchange V1 and V2 have enabled conversions of depegged assets into USDS, ONE, and USDC. These methods were built to be adaptive from the start, reflecting liquidity, market conditions, and token supply. The recent monthly exchange of 8–10 million ONE represents less than 0.7% of ONE’s average daily trading volume, typically ranging between $8M and $20M. This equates to under a tenth of one percent of total monthly volume. Despite broad macroeconomic pressures, and the 4-year cycle low on $ONE token, Recovery ONE’s flexible burn approach has delivered consistent value to the Harmony ecosystem, results that have been both shared with and acknowledged and appreciated by the RMC.
We do not support suspending recovery as the recovery burn plan has operated for 33 consecutive months.
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R1 has openly discussed exchanging depegged assets using $ONE, with the planned pivot toward this approach at a future point in the recovery cycle.
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Proposal for the Temporary Suspension of Recovery ONE Sales
I would like to propose the temporary suspension of Recovery ONE sales until the ONE token reaches at least $0.10 USD.
Currently, the token is being sold at approximately $0.008 USD, representing a drop of over 99% from its all-time high. Continuing to sell at such a heavily devalued price not only undermines the token’s natural recovery, but also sends a negative message to the market, suggesting that even the team itself has no confidence in the project’s future.
Key Arguments for the Suspension:
- Selling at an Illegitimate Price
Selling ONE at $0.008—during a time of extreme macroeconomic fragility and low liquidity in the crypto market—is essentially liquidating strategic assets for pennies. This devalues the token further and discourages long-term investors. - Damage to Market Confidence
The perception that the project itself is offloading tokens at rock-bottom prices drives away potential investors and demoralizes committed holders. This creates a negative feedback loop, making recovery more and more difficult. - Unfavorable Global Economic Conditions
We are facing a highly unstable global scenario: geopolitical wars, financial market collapses, liquidity crises, and trade wars. Selling valuable assets in this context is reckless and unsustainable in the long term. - Ongoing Market Bleeding
The monthly Recovery ONE token dump is causing a bleeding effect on the secondary market, constantly pushing the price downward and preventing any meaningful stabilization. Each sale further weakens the token’s ability to recover. - Loss of Community Motivation
I myself am a committed investor, purchasing around $5,000 USD worth of ONE each month, but due to this aggressive and short-sighted selling strategy, I have decided to pause all future purchases until measures are taken to protect the token’s value. - Long-Term Value Preservation
Temporarily suspending the Recovery ONE dump is not a sign of weakness — it is a smart, strategic move to preserve long-term value. Protecting the token now ensures the project has the strength to recover when market conditions improve.
Conclusion
Let me be clear: this is not a call to permanently halt operations. Rather, it is a prudent and tactical decision to protect the ONE ecosystem during one of the most challenging times in crypto history.
A temporary suspension of sales until the price reaches a fair and sustainable level (e.g., $0.10 USD) is a wise and necessary action, aligned with both the community’s interests and the project’s long-term survival.
I would suspend and shut down the blockchain. It is more and more obvious every day that this endeavour doesn’t have any future. I’m still waiting for any news about compensation for the victims of frozen Aave protocol and it doesn’t look like any solution will arrive before 2030.
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For the 100th time, AAVE voted no on help. TWICE!
Talk to the community at AAVE, they don’t want recovery.
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