We appreciate the apology from the Piggy team and their acknowledgment of the extent of the breach and the proposed technical steps. Acknowledging the problem and announcing a new contract and security audit are positive steps, but they are not enough on their own to restore market trust or protect holders.
Restoring trust requires practical clarity, not just general plans, and we emphasize the following points:
Financial transparency
We need clear proof of the source of the buyback funds and their actual size, with verifiable on-chain tracking.
Liquidity and security
Advance announcement of the amount of liquidity that will be added to the new contract, its lock duration, and proof of the lock on-chain.
Binding timeline
Flexible time frames (one to six months) undermine trust. Clear dates and defined phases are required.
Engaging the community
Any substantive decisions (migration, buyback, launch) must include a supervision mechanism or community voting.
Full breach report
We are waiting for a detailed technical report explaining the reason for the breach, how it will be prevented from recurring, and who will be held accountable.
We affirm that the community is not looking for promises or media statements, but for actual, transparent, and verifiable implementation.
What holders need now:
💰 Proof of buyback funding
🔒 Locked liquidity with on-chain proof
📄 Full and transparent breach report
🗳️ Community oversight and participation (DAO / voting)
⏱️ Clear and binding timeline
Trust will not return with words...
But with actions, locked liquidity, and commitment.