Venus Protocol: The snBNB market is currently suspended, other markets are still operating normally and funds are safe
Venus Protocol posted on social media that due to a Binance Oracle price feedback issue in the isolated LST BNB pool today, the snBNB market is currently suspended. Out of caution, two other isolated markets (agEUR, stkBNB) are also suspended.
The Venus community will propose to immediately inject a total of approximately $274,000 in liquidity from the treasury into the affected pools today and recover funds from the pools with the support of partners.
Currently, other markets are operating normally and funds are not affected.
The Binance Oracle team has discovered and fixed the issue, and this is only a preventive temporary measure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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