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Loopscale
Loopscale@Loopscale·
Vault withdrawals are now re-enabled following code review by @sec3dev. We’ve also published the incident post-mortem detailing the vulnerability, how we fixed it, and our commitment to strengthening security. blog.loopscale.com/posts/postmort… More details below.
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Loopscale
Loopscale@Loopscale·
Refinances will be re-enabled later today. The grace period on refinances will continue for another 3 days to offer borrowers the opportunity to repay or close positions. We recommend borrowers monitor positions in case rates shift or liquidity tightens.
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Loopscale
Loopscale@Loopscale·
Withdrawals will have 24H, per-user caps that are unlikely to affect most users. Withdrawals will also be rate-limited to one transaction every few minutes. All current Vault or Advanced Lend depositors will earn a 12x points boost on their balances, applied from April 26 until June 7. New deposits, loans, and Loops are still paused until the completion of the ongoing protocol audit by @sec3dev. x.com/LoopscaleLabs/…
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