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DeFi

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

By admin
0 34

Liquity Protocol urges users to exit ‘Earn’ Stability Pool over undisclosed issue

Liquity Protocol urged users to withdraw funds from its V2 Stability Pool positions as it investigates a potential issue affecting the “Earn” feature, according to a statement posted on X.

The team said the protocol continues to operate normally and the potential issue has not impacted any users.

“The Liquity team was informed of a potential issue affecting Liquity V2 Stability Pools (‘Earn’), and is currently investigating a potential impact,” the protocol said on X.

Key protocol functions remain unaffected, including BOLD backing and redeemability, borrower collateral withdrawals, and staked LQTY positions, according to the announcement.

“Out of an abundance of caution, a Liquity V2 user should close their Stability Pool (“Earn”) positions,” Liquity stated.

The team indicated it would provide updates only through official channels, including Discord announcements and Twitter.

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