SyncSwap: Stablecoin USD+ protocol has resumed operation, all USD+ liquidity pools are enabled.
2023-07-26 09:27
Odaily News: zkSync ecosystem DEX SyncSwap announced on Twitter that Overnight.fi has successfully executed a rebase for stablecoin USD+ on zkSync. The USD+ protocol has been fully restored and is now functioning normally. All USD+ liquidity pools on SyncSwap are now operating as usual.
According to today's morning report, SyncSwap announced on Twitter that the stablecoin USD+, issued by Overnight.fi, was affected by the EraLend attack. The team will adjust the token supply around 15:00 (Beijing time) today to restore the peg of USD+. If you have USD+ liquidity on SyncSwap, you need to withdraw it before the token supply adjustment. The USD+ team will take snapshots of USD+ holders and liquidity providers to distribute funds recovered from EraLend, but only those who withdraw will be included in the snapshot.
SyncSwap stated that all other liquidity pools are unaffected, such as zkUSD or BUSD.
According to today's morning report, SyncSwap announced on Twitter that the stablecoin USD+, issued by Overnight.fi, was affected by the EraLend attack. The team will adjust the token supply around 15:00 (Beijing time) today to restore the peg of USD+. If you have USD+ liquidity on SyncSwap, you need to withdraw it before the token supply adjustment. The USD+ team will take snapshots of USD+ holders and liquidity providers to distribute funds recovered from EraLend, but only those who withdraw will be included in the snapshot.
SyncSwap stated that all other liquidity pools are unaffected, such as zkUSD or BUSD.
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