Pockets Supplier Phantom Companies skilled almost three hours of downtime on October 28 amid the frenzy of customers to say GRASS tokens. Customers on X have reported lacking balances and an lack of ability to finish transactions.
Based on Phantom Standing, a serious incident with the pockets's backend rendered the service doesn’t reply at 1:36 p.m. UTC and returned stay at 4:20 p.m. UTC. That is the second time Phantom companies have gone down this month, with an 8-minute outage reported on October 3.
After fixing the issue, Phantom widespread on
Moreover, Phantom reported 12 main back-end incidents in 2024, 7 of which occurred on February 1, totaling almost 1.5 hours of downtime. Two days later, on February 3, the pockets supplier reported delays with token balances.
Since April this 12 months, Phantom reported 7 million customers, shortly making the scarcity noticeable to Solana customers.
In the meantime, Solana community programs remained totally operational when Phantom went down, as Solana Standing information shows the entire availability for the final 90 days.
Downtime throughout launch
Notably, Phantom's issues started six minutes after the GRASS token declare went stay, prompting observers to hyperlink the 2 occasions as customers went to gather their rewards for interacting with the protocol.
The tokens are native to the Solana-based Decentralized Bodily Infrastructure (DePIN) Grass community and are used to reward customers for lending unused web bandwidth. The community capability is then used to coach and refine the bogus intelligence fashions.
The official turf documentation reveals that 100 million GRASS tokens, representing 10% of the availability, might be distributed throughout this primary airdrop.
The worth of GRASS has fluctuated in the present day. An hour after launch, it fell 28% to $0.65 and has since recovered 9%. Based on information from CoinGecko, the token is priced at $0.71 on the time of writing.
