XDEFI team re-assures its community as events surrounding the $UST peg unfold.
XDEFI team re-assures its community as events surrounding the $UST peg unfold.
Post-mortem @xdefi_wallet
— Emile (@goitbykojiro) May 12, 2022
A % of the treasury was in UST and deposited into Anchor.
The team got out at 0.95.
Current treasury is circa US$18M, without accounting for remaining liq in pools, security deposits on exchanges and $XDEFI supply.
The team has indicated that current treasury is US$18M, without accounting for remaining liquidity in pools, security deposits on exchanges and $XDEFI supply.
So far, the team has pushed the boundaries of developing its cross-chain web wallet and will continue to do so aggressively while encouraging and supporting other projects, especially in these trying times.
Current Release 16.0.4 is now available, including Ethereum Gas estimation fix.