The protocol is aware of the ongoing incident at Multichain and is monitoring the situation.
06 Jul 2023, 22:32
The protocol is aware of the ongoing incident at Multichain and is monitoring the situation.
While facts are not clear, some precautionary measures have been taken:
- There is currently 0 MAI exposure on Multichain
- Debt ceilings on Fantom have been set at a minimum
https://stargate.finance/ and Axelar Network (via may be used as an alternative for bridging MAI.
More updates to come as more information becomes available.