DIMO Announces Tokenomics Update and Migration to Base

**DIMO Bridge Exploited for $30M** A sophisticated attacker compromised a developer key and withdrew approximately **30 million DIMO tokens** (3% of total supply) from a Wormhole bridge contract yesterday at 1:30 PM ET. **Key Details:** - Attack targeted the bridge deployer key used for cross-chain development - Bridge was designed to move DIMO between Ethereum, Base, Solana, and Polygon - **Core DIMO network and user accounts remain secure** - Exploit was isolated to the specific bridge contract only **Response Actions:** - Compromised keys have been revoked - All contracts under review - Investigation ongoing with partners and authorities The incident highlights ongoing security challenges with cross-chain bridge infrastructure, following similar exploits like the recent Shibarium bridge attack that resulted in $4.1M in losses. DIMO promises updates as the investigation progresses.

DIMO has integrated Beacon Protocol into its Marketplace, with over 2,500 drivers already participating in a groundbreaking initiative. The partnership with Flock.io creates the first custom AI model for smarter driving. - Drivers can connect their vehicles to contribute data - AI provides personalized driving efficiency recommendations - Users earn Beacon points for their participation The system aims to optimize fuel efficiency while maintaining data privacy and security. Drivers can start earning rewards while contributing to the development of advanced driving AI. [Connect your vehicle now](https://dimo.onelink.me/n8Wu/ahuzsjhn)

DIMO has introduced **Car IDs** in their mobile app, allowing drivers to showcase their vehicles with customizable digital identifiers. Key features: - Personalize Car IDs to match your actual vehicle or create custom versions - Access via Vehicle Detail page in the DIMO mobile app - Share directly to X (formerly Twitter) **Special Promotion**: - Post your Car ID and tag @DIMO_Network - 10 winners will receive 500 $DIMO tokens - Contest ends Friday Share your ride and join the DIMOnday celebration for a chance to win!

DIMO has announced a new partnership with WiFiMap, adding to its growing marketplace offerings. - WiFiMap helps travelers locate free WiFi spots, restrooms, and water fountains across 100+ countries - DIMO users receive 10 $DIMO tokens as a signup bonus - Integration aims to enhance travel convenience for DIMO community members The partnership expands DIMO's utility beyond vehicle connectivity into broader travel services, marking another step in their ecosystem growth.

DIMO has achieved a significant milestone in its driver rewards program, having distributed over 100 million $DIMO tokens to participating drivers through weekly rewards. This development comes alongside steady growth in the platform's vehicle network, which recently surpassed 21,400 minted vehicles. Key highlights: - 100M+ $DIMO tokens distributed - 21,400+ vehicles minted - Weekly reward system continues This milestone demonstrates the platform's commitment to rewarding drivers while building a connected vehicle ecosystem.