Oasis Said ValleySwap and EvoDeFi bridge Are Risky Third-Party Projects

Jun 08,2022,16:40

Oasis has responded to the $USDT depegged in ValleySwap, stating that ValleySwap and EvoDeFi bridge are third-party projects that are not officially backed by Oasis and that Oasis has repeatedly warned community members about the risks of these two projects over several months. The depegged stablecoins are also not Oasis native assets. Previously, $USDT in DEX ValleySwap on Oasis Network was severely depegged yesterday.

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