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NewsSolana Ecosystem Projects Tulip Protocol and UXD Protocol Reopen Services

Solana Ecosystem Projects Tulip Protocol and UXD Protocol Reopen Services

Oct 27,2022,02:58

Solana ecosystem projects Tulip Protocol and UXD Protocol have reopened services. UXD Protocol states that it has now claimed back $19.9 million in assets deposited on Mango Markets and will resume minting of stablecoin $UXD. Tulip Protocol states that it has claimed and recovered assets worth $2.5 million and has restored vault balances to the same state as before the exploit. To restart full operations, the team said it would need to reset the "asset liability management module."

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