Support for custom RPCs has been added to allow people use their own connections to manage their positions.
Fixes to cUSDT and cUSDC vaults will be coming soon too.
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Hedge Labs (🏝,🏝)
305 posts
Hedge Labs (🏝,🏝)
@HedgeLabs
Never sell your S◎L. 0% interest loans on Solana Discord: https://t.co/Q5roZnTE0Y Medium: https://t.co/yHRFoj1kz0
Metaverse🛸|Miami 🌴|NYC 🗽 Katılım Ekim 2021
284 Takip Edilen10.6K Takipçiler
Hedge Labs (🏝,🏝) retweetledi
Neptune Protocol Mainnet is LIVE on @eclipseFND
$USDN, the native stablecoin of Eclipse, is here 🥳
Start using Neptune and grow Eclipse grass and earn native $NPT yield today 👉
neptuneprotocol.xyz
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Hedge Labs (🏝,🏝) retweetledi
New episode of @The_NextBillion with @HedgeLabs out now!!
The Next Billion Podcast | NEW EPISODE Out Now!@The_NextBillion
🚨 New ep alert 🚨 In the newest ep, @George_harrap & co-founder @hqz_sol of @HedgeLabs discuss their introduction to @solana, challenges new #Crypto users face, how USH stablecoin functions, their growth plan for #DeFi and so much more!! Watch here - youtu.be/zyc1yErtp7o
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Hedge Labs (🏝,🏝) retweetledi
Pleased to share that starting today, we'll begin to announce the speakers for Solana Crossroads over the coming weeks!
Very excited to start with @hqz_sol of @HedgeLabs and @NazareFinance!
Look forward to seeing you there!
Get your tickets in USDC at aten.app/Crossroads!
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Hedge Labs (🏝,🏝) retweetledi
6️⃣ Hedge Labs did not any treasury funds on FTX. A small amount of funds deposited in FTX US was successfully withdrawn in time.
Hedge Labs did not have any further associations with FTX or Alameda.
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5️⃣ While in constant contact with @solendprotocol regarding potential bad debt on cUSDC and cUSDT, debt limits have been decreased accordingly to reduce exposure.
Given Solend's bad debt will likely be covered, no further limitations have been taken.
twitter.com/solendprotocol…
Save (formerly Solend)@save_finance
The whale account has been fully liquidated, stabilizing the situation on Solend. There is ~$6.5M of bad debt in the Main Pool, and ~$22M USDC in the treasury. A DAO vote will follow soon.
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As you all aware the last week has been intense, here is a summary of what steps the team has taken to mitigate risk and exposure for Hedge. 🧵
1️⃣ $USH has remained overcollateralized and maintained peg through last weeks extreme market movements.
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Hedge Labs (🏝,🏝) retweetledi
🚨Parameter Alert🚨
- cUSDC Vault interest rate:
1% ➡️ 0.5%
- cUSDT Vault interest rate:
1% ➡️ 0.5%
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Hedge Labs (🏝,🏝) retweetledi
Hats off to the team for managing to contain the situation to this extent!
Thanks for all the hard work and tireless efforts keeping comms up @0xSoju and @solendprotocol team 🫡🫡🫡
Save (formerly Solend)@save_finance
The whale account has been fully liquidated, stabilizing the situation on Solend. There is ~$6.5M of bad debt in the Main Pool, and ~$22M USDC in the treasury. A DAO vote will follow soon.
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Hedge Labs (🏝,🏝) retweetledi
Borrows on all vaults are temporarily disabled.
We will be monitoring and evaluating the highly dynamic situation before enabling all borrows again.
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Hedge Labs (🏝,🏝) retweetledi
Deposits and borrows on wBTC vault have been disabled until future notice.
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We are aware of current market movements, as well as Solana network congestions causing delays in oracle updates and RPC issues when using the Hedge dApp.
We are in contact with all relevant teams and will update accordingly
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Hedge Labs (🏝,🏝) retweetledi
@chrismccann @RaceCapital @DegenApeAcademy @solanaspaces @xNFT_Backpack @osec_io Lookout for the @HedgeLabs @switchboardxyz @NotifiNetwork kart racing past the @RaceCapital one!
🏎️💨
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Hedge Labs (🏝,🏝) retweetledi
Hedge Labs (🏝,🏝) retweetledi
0/ The second annual @solana Breakpoint starts this Friday!
Last year, Breakpoint was a great event for founders, builders and investors to connect.
Here’s a thread of some of the main teams that will be there. Definitely reach out to them if you are in Lisbon!
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