Plaza Finance

Plaza Finance: The Final Chapter - Project Wind-Down & ETH Claims!

Plaza Finance has announced its official wind-down, effective August 28th, 2025. This marks a significant turn for the project, and all previous activities related to bondETH and levETH have transitioned into a liquidation and claiming phase. For all former bondETH and levETH holders, retrieving your underlying ETH is now the most critical action.

🚨 Critical Update: Project Wind-Down & ETH Claiming 🚨

The Plaza Finance team has initiated the process of winding down its operations. As of August 28th, 2025, the liquidation phase is complete, and users are now able to claim their ETH for their bondETH and levETH holdings.

What You Need To Do:

• Claim Your ETH: If you hold bondETH or levETH, you can now claim your corresponding ETH.
  • Claim Link: https://t.co/sLiOkK7iz5
  • Conversion Rates:
    • 1 bondETH = 0.02239588698 ETH ($99.93/bondETH)
    • 1 levETH = 0.53799184078 ETH ($2,409.18/levETH)
  • Details: Plaza Finance ETH Claim Announcement

Important Information Regarding the Wind-Down:

• Plaza Finance officially began its wind-down on August 28th, 2025.
  • Official Announcement: Plaza Finance Winding Down
• Further details on the procedure are available.
  • Wind-down Procedure Information: Details on Wind-Down Procedure

Previous "Airdrop" Events (bondETH USDC Coupons)

Before the project's wind-down, Plaza Finance had implemented a system for distributing USDC coupons to bondETH holders. If you participated in these earlier events, ensure you have claimed any outstanding rewards.

| Event | Date (2025) | Details | Relevant Links | Claiming of ETH for bondETH/levETH | bondETH (0.02239588698 ETH), levETH (0.53799184078 ETH) | Claim Link | | bondETH (7/27) USDC Coupon Snapshot | Jul 27, 2025 | Eligibility based on holding bondETH or LPing bondETH at 12 PM ET. This coupon offered 2.50 USDC per quarter per bondETH (10% annualized). | Snapshot Announcement, Snapshot Confirmed | | First bondETH Coupon Claimable | Aug 6, 2025 | bondETH holders who were eligible from the July 27th snapshot could now claim approximately $20k in real yield in USDC. | | bondETH (7/27) USDC Coupon Fix | Aug 13, 2025 | A frontend bug that prevented some users who provided bondETH liquidity on Aerodrome or Uniswap from claiming their 7/27 USDC coupon was fixed. All eligible LPs can now claim. | Bug Fix Announcement | | Plaza Finance is currently undergoing an explicit wind-down and is no longer operational as a functional project. The priority for former users is now to claim their outstanding assets. Future events are not anticipated. | Project Status: Officially Winding Down | | | Project Status: Officially Winding Down | | Plaza Finance is currently undergoing an explicit wind-down and is no longer operational as a functional project. The priority for former users is now to claim their outstanding assets. Future events are not anticipated. | | | Project Status: Officially Winding Down | Plaza Finance is actively engaged in the process of winding down all its operations. For any current or former users, the primary focus should be on following the instructions to claim any remaining assets. It is highly probable that no further airdrops or similar events will occur from this project. | | | | Important: Plaza Finance has ceased operating and is in the process of wind-down. Focus on claiming existing assets. | | Status: The project began its official wind-down on August 28th, 2025. Claiming of ETH for bondETH and levETH is currently active. Further updates for future airdrops or other events are highly unlikely given the project's explicit wind-down. For current holders, the immediate priority is to claim your ETH. | August 28, 2025: Project Wind-Down Announced & ETH Claim Live | | Current Status: Plaza Finance is officially winding down. The focus is now on ensuring users can claim their remaining assets. | | Plaza Finance will cease operations and begin the full wind-down procedure as of August 28th, 2025. All users holding bondETH and levETH should proceed to the official claiming portal to retrieve their underlying ETH immediately. Further updates for future airdrops or similar events are not applicable due to the project's explicit shutdown. | Project Status: Plaza Finance is officially winding down operations, effective August 28th, 2025. The liquidation phase is complete, and ETH claims for bondETH and levETH are now live. | | | Plaza Finance is actively engaged in the process of winding down all its operations. For any current or former users, the primary focus should be on following the instructions to claim any remaining assets. It is highly probable that no further airdrops or similar events will occur from this project. | Important: Plaza Finance has ceased operating and is in the process of wind-down. All users should prioritize claiming their ETH from bondETH and levETH holdings. Further events like airdrops are no longer applicable. | |