Withdrawal Tool

Dear Community,

It is with a heavy heart that we announce the closure of the Paçoca project, this decision was not made lightly, and it follows a series of challenges and roadblocks that we were unable to overcome despite our best efforts. We want to be open and honest with you, our sweet community, on the reasons why this is happening and provide a clear path forward.

Paçoca started as a passion project, a portfolio tracker designed to make DeFi easier and accessible for everyone. The early days were a thrill, and the enthusiasm of our community inspired us to evolve bringing more integrations and offering auto-compound vaults.

These products resonated deeply with many of you, and together, we built something truly special, however, the landscape shifted dramatically:

• The rise of heavily VC-funded companies rendered our portfolio tracking solution obsolete. Despite the love it received, the high infrastructure costs and lack of monetization made it unsustainable for us to continue offering it as a free product.
• Our auto-compound vaults faced major roadblocks when the main decentralized exchanges (DEXes) began blocking deposits from other smart contracts, crippling the core functionality of our vaults. What was once a promising feature became unviable almost overnight.
• We tried to innovate and to stay competitive with new features like DCA and bonds, but they didn’t resonate with the community as our earlier offerings did.
• The prolonged bear market intensified the challenges, forcing us to make difficult decisions, including letting go of most of our team. The passion and effort of every team member were extraordinary, but the numbers simply didn’t add up.
• Finally, our attempt to migrate the community to Discord ended disastrously when a group of scammers exploited the platform. Despite our efforts to secure the space, the breach left many feeling unsafe, and we lost a key part of our identity: the trust and unity of our community.

These challenges compounded over time, bringing us to this heartbreaking conclusion.

The Platform Downtime

We want to sincerely apologize for the last couple of months where our website was offline/having performance issues. We understand that these issues caused uncertainty and concern, making some of you question the legitimacy of our project. Please know that this was never our intention. Behind the scenes, we were struggling with a series of unexpected technical issues that rendered useless our every effort to bring the site back online. Each solution we tried seemed to uncover new problems, and despite our many attempts, we couldn't bring the website back up efficiently. We're deeply sorry for any distress or mistrust this may have caused and want to assure you that our commitment was always to serve and support our community faithfully.

Withdrawal Tool and DAO Treasury Distribution

To ensure everyone can access their funds, we have launched a new and simple interface specifically designed as a tool to withdraw all funds staked to the platform. It will remain online for at least one year (until Feb 2026) to ensure everyone has ample time to retrieve their assets.

As we are committed to ensuring that any remaining value in the project is fairly and transparently distributed to the community members who supported us throughout this journey, we will be making a distribution of the DAO treasury among our holders, so if you are interested in receiving those tokens, hold your $PACOCA tokens in your wallet (LPs won’t count) until the snapshot that will take place on the 31st of March.

The tokens will be distributed proportionally based on the percentage you own and you will be able to claim them through the merkl app between 04/05/2025-04/05/2026.

Thank You

To everyone who believed in us, our early adopters, our community, and everyone who shared our vision, thank you! The love and support you’ve shown throughout this journey meant the world to us. While this chapter is ending, the impact we made together will always remain.

Thank you for being the heart and soul of Paçoca. Though this is goodbye, we will never forget the moments we shared and the community we built.

With deepest gratitude and apologies,
Mr. Peanuts and the Paçoca team