Anchor Protocol to Freeze Anchor Earn and Borrow Functions
Jun 08,2022,12:18
Anchor Protocol announced that the community has voted to pass Prop 29, which proposed freezing Anchor Earn and borrow functions to protect it from attacks. All actions on Anchor aside from withdrawing funds and depositing $USTC to obtain $aUST will now be frozen. Deposits without interest will stay open permanently to enable Mirror protocol borrowers using $aUST as collateral to obtain $aUST when necessary to prevent margin calls.
SourceDisclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
