The team behind Liquity, a lending protocol on the Ethereum network, revealed Wednesday it is currently investigating a "potential issue" regarding its Liquity V2 Stability Pools and urged users to close their positions.
"The Liquity team was informed of a potential issue affecting Liquity V2 Stability Pools, and is currently investigating a potential impact," Liquity wrote on the social media platform X. "The team is currently working on confirming this potential issue and solutions. The protocol continues to work as expected and to the team’s knowledge the potential issue has not impacted any users. Out of an abundance of caution, a Liquity V2 user should close their Stability Pool positions."
Withdrawals of the platform's stablecoin BOLD and staked positions on Liquity's secondary token LQTY haven't been impacted, the team added. Borrowers can also withdraw their collateral assets, the team said.
On Jan. 23 Liquity V2 launched with a new feature enabling users set their preferred interest rates when borrowing against ETH and staked ETH from platforms like RocketPool or Lido, The Block previously reported. Liquity's V2 "Earn" stability pools give users protocol yield from interest and liquidations for depositing BOLD.
The Block reached out to the Liquity team for comment.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
