Kamino: LayerZero-related asset interactions have been suspended and deposit and lending functions have been closed
Odaily reported that Solana ecosystem liquidity protocol Kamino stated on the X platform that neither its platform nor its users have been affected by the current Ethereum rsETH incident. However, as a precaution, it has suspended all core market interactions involving LayerZero-related tokens (USDS, LBTC, FBTC). The relevant reserve assets have been set to "reduce-only mode," and users can still withdraw and repay debts, but deposit and lending functions have been temporarily closed.
Kamino added that it is maintaining communication with the LayerZero team, and will promptly notify users once the relevant reserves return to normal operation. It emphasized that these are proactive risk control measures and that both the platform's and users' funds remain unaffected.
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.
You may also like
Pi Network’s PI Defends a Critical Support, Bitcoin (BTC) Reclaims $78K: Weekend Watch
Pons: $20.93 million has been paid to token creators over the past 47 days
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Crypto prices
More
