To the Everscale Community,

First of all, we want to express our sincere gratitude for the trust you have shown. The recent governance decision marks an important turning point for Everscale, and we fully recognize the responsibility that comes with it.

Over time, it has become clear that the network requires a fundamentally new approach in order to move forward. The challenges we are addressing are structural, and resolving them requires coordinated, decisive, and long-term action.

We want to reassure you:
there is a plan.

This is not a theoretical framework, but a structured recovery and transformation process that is already underway. Initial steps have been taken, and execution is progressing across multiple key directions.

At the current stage, our focus includes:

— Gradual completion of the DAO lifecycle, including the withdrawal and reallocation of assets into a more efficient operational structure
— Treasury restructuring and consolidation to ensure transparency, control, and aligned capital deployment
— Preparation for the upcoming network upgrade and transition toward the Tycho protocol
— Ongoing engagement with existing partners to stabilize and strengthen the ecosystem during the transition period

At the same time, we believe it is critical to approach this phase with discipline.
Certain elements of the strategy will be disclosed progressively, as their implementation reaches appropriate stages. This allows us to maintain flexibility and ensure effective execution.

What matters today is the following:

— The situation is fully acknowledged
— The transition is already in motion
— The effort is backed by resources, coordination, and long-term commitment

We understand that this period may feel uncertain. Transformations of this scale require time, focus, and, most importantly, unity.

Your continued support and patience will be essential.

Everscale is not approaching its end.
It is undergoing a reset.

More updates will follow.

— Governance