[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Cedar [@CedarDAO](/creator/twitter/CedarDAO) on x 68.1K followers Created: 2025-07-23 17:01:07 UTC Quick Update on LP Situation + What’s Next We know the recent sell off caused concern, nearly $500K in sell volume hit within a few hours, which significantly impacted the DLMM LP. This was unexpected and immediately pushed our ranges out of balance, making the chart effectively untradable. The team has been actively working on a resolution and we’re preparing a proposal for the community to vote on. What We’re Evaluating - Stay with DLMM and manage manually - Transition to an AMM-based model - Determine how much to inject into LP, and from which source (ops, rewards, etc.) - Ensure DAO formation, and rewards implementation remain funded All of this is being reviewed with legal counsel. Every step has to be legally sound, and we’re in constant communication to ensure that’s the case before any funds are moved. Project Funds Fortunately, we have options. Between the BSC Ops wallet, the Solana based Ops wallet, and even the Two Rewards wallets (if the community chooses), we may be able to address LP needs by without significantly disrupting operations and or rewards. We’ll post a breakdown of wallet holdings, in the same thread here, so everyone can see where the funds stand (ops, rewards, etc.). The Path Forward We’re moving quickly but methodically. A proposal will be published soon with multiple options, laid out clearly so you can decide the best course for the project. We also don’t want to overlook any aspect you should have the ability to vote on, including LP strategy, funding sources, and governance costs. We know the last XX hours felt like a lifetime, but we’re on it, and your input will guide the next step. The Cedar Team XXXXX engagements  **Related Topics** [$500k](/topic/$500k) [Post Link](https://x.com/CedarDAO/status/1948065854626648557)
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Cedar @CedarDAO on x 68.1K followers
Created: 2025-07-23 17:01:07 UTC
Quick Update on LP Situation + What’s Next
We know the recent sell off caused concern, nearly $500K in sell volume hit within a few hours, which significantly impacted the DLMM LP. This was unexpected and immediately pushed our ranges out of balance, making the chart effectively untradable.
The team has been actively working on a resolution and we’re preparing a proposal for the community to vote on.
What We’re Evaluating
- Stay with DLMM and manage manually
- Transition to an AMM-based model
- Determine how much to inject into LP, and from which source (ops, rewards, etc.)
- Ensure DAO formation, and rewards implementation remain funded
All of this is being reviewed with legal counsel. Every step has to be legally sound, and we’re in constant communication to ensure that’s the case before any funds are moved.
Project Funds
Fortunately, we have options. Between the BSC Ops wallet, the Solana based Ops wallet, and even the Two Rewards wallets (if the community chooses), we may be able to address LP needs by without significantly disrupting operations and or rewards.
We’ll post a breakdown of wallet holdings, in the same thread here, so everyone can see where the funds stand (ops, rewards, etc.).
The Path Forward
We’re moving quickly but methodically. A proposal will be published soon with multiple options, laid out clearly so you can decide the best course for the project. We also don’t want to overlook any aspect you should have the ability to vote on, including LP strategy, funding sources, and governance costs.
We know the last XX hours felt like a lifetime, but we’re on it, and your input will guide the next step.
The Cedar Team
XXXXX engagements
Related Topics $500k