IBC Escrow - channel-70

Tailored by NextBE.io

Price data by CoinGecko and Dymension pools

IBC Escrow - channel-70 | Dym.Fyi

IBC Escrow Account

dym1nqn324hn30vqw76ftm7qst63dlw2t55j3gszqw

$1,374.29

NOTICE: INFRASTRUCTURE DOWNGRADED DUE TO UNPAID DEFAULT

Dear Community Members, Investors, Validators, Exchange Partners, and Stakeholders,

TL;DR: Due to Dymension's continuous 4-month payment default (April–July 2026) and failure to execute agreed settlement deadlines, NextBE can no longer unilaterally absorb ongoing infrastructure and maintenance losses. Consequently, NextBE will officially terminate all dedicated technical support services for Dymension and transition the Block Explorer to a downgraded infrastructure tier.

NextBE deeply regrets having to issue this statement. As dedicated infrastructure builders, taking a public stand is painful, and we recognize that doing so may jeopardize the recovery of funds owed to us. However, as a business entity, we can no longer absorb continuous financial losses or permit our goodwill to be leveraged indefinitely: NextBE officially announces that all dedicated technical support services for Dymension will cease effective August 25th, 2026. Additionally, NextBE has downgraded the Block Explorer infrastructure and data indexing services to a low-cost, baseline maintenance capacity.

We feel an obligation to provide full transparency regarding the necessity of this decision:

1. Persistent Default on Contractual Obligations: Over the past 4 consecutive months (April through July 2026), NextBE has operated the complete Block Explorer infrastructure and dedicated data indexing services for Dymension without receiving agreed contractual payments, while absorbing 5 consecutive months of upfront infrastructure costs to third-party providers.

2. Exhaustion of Goodwill & Unresolved Default: Prior to their payment cessation four months ago, NextBE repeatedly accommodated Dymension by extending payment terms—transitioning from advance billing to post-billing, and subsequently tolerating multi-month arrears. Despite Dymension citing operational constraints, NextBE demonstrated goodwill by allowing extended grace periods. During this time, no viable cost-restructuring proposals were provided by Dymension, other than requests to downgrade server specifications—a demand technically unfeasible for high-performance indexing without modifying the core system codebase. To maintain long-term baseline operations out-of-pocket, NextBE has now refactored the application code to strip out heavy, high-resource features while keeping essential explorer functionality online.

In a final effort to resolve the stalemate, NextBE extended a conditional offer to waive 2 full months of fees, strictly contingent upon Dymension settling all historical overdue debts (April, May, and June) by August 3rd, 2026. Dymension failed to execute the required payment by the deadline. Instead, partial settlement proposals below the accrued debt were presented alongside requests for further delays. As the August 3rd deadline has passed without execution, the conditional waiver offer is officially null and void. NextBE can no longer maintain services based on unverified promises or discount demands without actual settlement.

3. Unsustainable Financial Burden: Unilaterally funding 5 months of enterprise-grade server infrastructure without compensation has created an unsustainable burden on NextBE. We cannot continue providing uncompensated infrastructure support to an entity failing to meet its binding financial commitments.

Operational Impact & Infrastructure Downgrade: Effective August 25th, 2026, all Block Explorer nodes, indexing APIs, and dedicated infrastructure services managed by NextBE for Dymension will operate under a downgraded capacity. Any technical disruptions, query latencies, or reduced feature availability experienced by ecosystem users following this date are a direct consequence of the operational downgrade necessitated by Dymension's payment default.

Documentation & Evidence Attachment: To ensure complete transparency and verification, this formal notice, along with the complete evidence dossier—including contractual agreements, unpaid Invoices #9 through #12, and the detailed negotiation timeline—will soon be attached and formally dispatched to relevant stakeholders, investors, and ecosystem partners.

Kind regards,
NextBE Team
0xbcdev@bcdev.tools

Name:

channel-70

Dymension Address:

dym1nqn324hn30vqw76ftm7qst63dlw2t55j3gszqw

0x Address:

0x98271556F38BD8077B495EfC082f516fDCa5D292

Balance:

69,391.437130692511480102