Venus Restored Deposit and Withdrawal Operations, Users Who Have $UST and $LUNA as Collateral Need to Supply Collateral to Prevent Liquidation

BNB Chain based lending protocol Venus Protocol has resumed operations including deposits & withdrawals (except $UST & $LUNA). Users that have $UST and $LUNA enabled as collateral in Venus will be able to operate normally from tomorrow at 10pm UTC. Users need to supply collateral to cover their $UST or $LUNA loans to prevent liquidation.
Source

BNB Chain

Lending

DeFi

Terra

In This Article

Related News
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack Arijit Sarkar Arijit Sarkar 2 hours ago Crypto lender Polter Finance halts operations after $12M hack
Avalanche buys back $53M of AVAX tokens from Terra’s LFG Avalanche buys back $53M of AVAX tokens from Terra’s LFG
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
20 Hours Ago Sony’s Layer-2 Blockchain 'Soneium' Goes Live
20 Hours Ago Japan’s Remixpoint buys 33.3 additional bitcoin, boosting holdings to nearly $32 million
1 Day Ago Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
1 Day Ago Singapore bans Polymarket amid national crackdown on online gambling sites
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open