Venus Protocol (@VenusProtocol): 🚨 Venus Protocol has zero exposure to rsETH and incurred no bad debt. However, as a precautionary measure following the advice of our risk manager @Al…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
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🚨 Venus Protocol has zero exposure to rsETH and incurred no bad debt. However, as a precautionary measure following the advice of our risk manager @Allezlabs, we have temporarily set the collateral factor of the following assets to 0: USDe, sUSDe, SolvBTC, xSolvBTC, USD1, XAUM Users can still repay and withdraw these assets directly via the Venus UI. To reiterate, Venus was not affected by the hack and all user funds remain safe. We will provide updates when the collateral factor of these assets returns to normal.