Pendle: Some Pendle pools are affected by Balancer's emergency measures, and it is recommended that holders withdraw their underlying LP assets

2023-08-23 10:34:45
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ChainCatcher news, according to the official Twitter, the DeFi yield protocol Pendle Finance stated that currently, 3 Pendle pools are affected by Balancer's emergency measures, namely ETHx-bbaWETH, swETH-bbaWETH, and swETH-bbaWETH [old]. Other pools are not affected. The funds in the affected pools are safe, but trading in the underlying Balancer pools has been disabled, and no further fees or yields will be generated. It is recommended that holders withdraw the underlying LP assets.

Previous news, Balancer stated that it has received a serious vulnerability report affecting multiple V2 pools. Emergency mitigation procedures have been implemented to ensure the safety of most of the TVL, but some funds still face risks. Users are advised to withdraw the affected LPs immediately.

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