UST de-peg coverage update.
24 May 2022, 13:37
🛡UST de-peg coverage update🛡
Dear community, we have finished the voting process for UST de-peg claims and thank you for participating. Below is an update of the current status:
1️⃣Proposal voting has ended and 85k USDC were deducted from the UST collateral pool, as well as 7,727,273 TIDAL from the staking pool.
2️⃣Deposit and withdrawal in USDC reserve pool and TIDAL staking pool has been resumed.
3️⃣We are in the process of verifying claims with policyholders. The process will take approximately 10 days.
4️⃣After processing claims, any unclaimed USDC will be returned to the USDC providers, as well as TIDAL compensation.
Same news in other sources
1Tidal FinanceTIDAL #2181
24 May 2022, 13:38
🛡UST de-peg coverage update🛡
Dear community, we have finished the voting process for UST de-peg claims and thank you for participating. Below is an update of the current status 🧵
UST de-peg coverage update.
🛡UST de-peg coverage update🛡
Dear community, we have finished the voting process for UST de-peg claims and thank you for participating. Below is an update of the current status 🧵