We are happy to welcome Hector (@Houndvalidator) onto the Recovery One Fdn steering committee. Hector runs 2 Harmony validators, Hound Validator & Burning Validator. He is a Harmony Core Validator and a member of the Harmony Validator DAO. @Houndvalidator has been involved in the Harmony community since 2021 and has been assisting @repeg1node (the original burning validator) from day #ONE. We are happy to welcome Hound to #R1.
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That’s a shame. All the best to them and thanks for starting the recovery.
How we can bridge back 1ETH and 1BTC. Where to find any instructions?
The issue here is the vote didn’t follow the Aave DAO Guidelines. And also I doubt they will let their strongest horse run away, they made a revenue of $0.065 per $1 TVL. Normally AAVE have a revenue of $0.0025 per $1 TVL. So Harmony revenue is 26 times higher then the other chains
So it almost sounds as if they need to open up harmony to try to draw traffic back
Yeah, good luck with that. You forgot about the size of the market and lack of any communication between two teams.
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The R1 team is working on Recovery Exchange V2. In the same spirit as the initial R1 governance contract, our code will be posted on GitHub. We’ll have Recovery Exchange V2 ready for the start of Round 7 in the second week of April. Happy spring, everyone!
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Recovery Announcement: Round 6 recap is now available!
Round 6 burned $1,253,092 of 1Assets
Total depegged 1Assets burned: $7,651,399
For more Round 6 details 
Harmony Recovery: Round 6. Summary of Funding Round 6 | by Recovery One | Apr, 2023 | Medium
Round 7: Starts the week of 4/10
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Can someone explain how to bridge back ETH and BTC. Is it safe do it now?
Thank you.
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eth not possible. btc? no idea. maybe.
living under a stone for last year?
You have purchased 1btc and 1eth and unfortunately they are not worth too much at the moment.
R1 is ready for Round 7 of the Harmony recovery plan with our new Recovery Exchange V2. Continue burning and exchanging depegged #1Assets!
Thanks, Quoc, for the superb build!
Bookmark: http://Recovery.Exchange
You can’t. And you never will. The original bridge is shutdown. There are no funds to bridge them back. That’s the reason for the “recovery plan”.
Nice. Is the max refund per wallet supposed to be set at $10,000?
Max amount per wallet is of 1,000 usdc
when they activate the whitelist for those really affected, this seems like a game for few with bots.
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Whats the point in swapping now, when rate is like 1/10 of the value. Unless you cannot see it getting better, like ever. Just use swaps
Thank you for your feedback, we have been receiving a lot regarding the whitelist. We will be for sure taking in consideration every suggestion for next rounds but also part 2 of Round 7
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Thank you so much. Can you please explain how to bridge back 1BTC and 1ETH and other ECR20 tokens from Harmony to any available chain. In ratio 1:1
Not true. Devs working on it…