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Venus Protocol: The oracle issue has been fixed, and other markets except snBNB, agEUR and stkBNB are operating normally

Venus Protocol: The oracle issue has been fixed, and other markets except snBNB, agEUR and stkBNB are operating normally

CointimeCointime2023/12/11 00:00
By:Cointime

Venus Protocol officially announced on social media that the Binance oracle team has discovered and fixed the issue. However, due to caution, the snBNB market and two other markets with similar Binance oracle configurations (agEUR, stkBNB) will remain suspended. Other markets are still fully functional and unaffected. The suspension is just a precautionary temporary measure.

In addition, the Venus community will propose today to immediately inject a total of approximately $274,000 liquidity from the treasury into the affected pools, while retrieving funds from the pools with the support of partners.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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