According to Concave, We just has acquired FjordFoundry, the innovation leader for Liquidity Bootstrapping Pools in Web3.The previous custodians of Fjord have achieved remarkable success, generating over $760m in liquidity since September 2021, the highest among platforms during this time. With Fjord's amazing success so far, Concave is eager to build upon it and drive even greater achievements.

As of today, all new revenue from LBPs through Fjord and @FjordNFTs will go into Concave-managed multisig wallets, as we now fully own the repositories, contracts, IP, etc. There is so much potential ahead for both Fjord Foundry and a reinvigorated Concave ecosystem.

As mentioned previously, TheMoonMidas will onboard as Fjord's CMO to provide regular status updates during the transition.