Celo announced last Wednesday, December 22, through its Twitter account, that SushiSwap and the Celo incentives were relaunched and are now available. According to the company, users can now return to Celo using a new version of Optics, now with 30-minute dispute periods.
“Following the recent (controversial) recovery mode activation by the original Óptica team, we have decided to migrate our groups to Óptica V2, a community-owned Optical Bridge redeployment. The Optics V2 bridge interface is active! Users can now return to Celo using a new version of Optics, now with dispute periods of 30 minutes (compared to 3 hours), bug fixes and Avalanche support”, he said through an article published on the Medium platform.
In addition, the company reported that Optics V2 Pools is now available. With several new farms including: cUSD-USDC, USDT-WETH and MOBI-WETH. Groups will start with sushi rewards only, as we work with the Celo Labs team to start CELO rewards again.
The company indicated that the Old Optics V1 bundles have been disabled except for cUSD-DAIv1. This group will continue to be incentivized until around January 1 to allow smaller users to migrate from DAIv1 to DAIv2 without having to go back to Ethereum.
In addition, he highlighted that his friends at Mobius have set up a migration tool that can be used to exchange the Optics v1 versions of WETH, WBTC and USDC for the Optics V2 versions.
“Note: We may also have some pricing errors on the farms and analytics page as we work through this migration process”, he added.
It is a platform for mobile devices that makes financial dApps and crypto payments accessible to anyone with a mobile phone. According to the company, its mission is to build a financial system that creates the conditions for prosperity for all.