1/OINDAO PSA.
26 Apr 2022, 17:35
1/📢OINDAO PSA 📢
The wONE system vault has been suspended on the OINDAO due to a large wallet being liquidated, triggering the second protection mechanism being triggered, redistribution.
The system has successfully protected the ONEUSD's overall C-ratio as intended.
Same news in other sources
1OIN FinanceOIN #1802
27 Apr 2022, 08:15
Follow-up:
We have completed our initial inspection of the system, and is now turned back on.
Users can withdraw their funds, but will not be able to deposit (nor mint) at this time. We will assess the upgrades previously mentioned for the wONE vaults in the meantime.
1/📢OINDAO PSA 📢
The wONE system vault has been suspended on the OINDAO due to a large wallet being liquidated, triggering the second protection mechanism being triggered, redistribution.
The system has successfully protected the ONEUSD's overall C-ratio as intended.
Follow-up:. We have completed our initial inspection of the system, and is now turned back on.
Follow-up:
We have completed our initial inspection of the system, and is now turned back on.
Users can withdraw their funds, but will not be able to deposit (nor mint) at this time. We will assess the upgrades previously mentioned for the wONE vaults in the meantime. https://t.co/u00psLn4oO
1/📢OINDAO PSA 📢
The wONE system vault has been suspended on the OINDAO due to a large wallet being liquidated, triggering the second protection mechanism being triggered, redistribution.
The system has successfully protected the ONEUSD's overall C-ratio as intended.