Yei Finance: User funds are safe and can be withdrawn in full. The team will repay all debts of the main pool.
2025-11-06 03:12
According to an official announcement, Yei Finance, the lending protocol within the Sei ecosystem, stated that all user funds on the platform are safe, available, and 100% withdrawable. Currently, approximately $8.6 million USDC in the Yeiend main pool has been lent out using sfastUSD as collateral. The team will fully repay this debt, ensuring all USDC deposits can be withdrawn smoothly. The Yei team stated that withdrawal functionality will be temporarily suspended during the repayment process, and a resumption timeline and updates will be announced later.
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