Yala has completed the attack fix: burned counterfeit $YU to restore anchoring and cross-chain functionality, and launched a double loyalty program.

[Coin World] On September 23, Yala announced that it has completed the major repairs from the attack incident on September 14. The announcement stated that all unauthorized minted $YU has been destroyed, liquidity has been restored, and $YU has returned to its peg. Users can exchange USDC 1:1 through the Convert function, and the cross-chain Bridge function has been restored for use. In terms of incentives, Kamino incentives have been launched, and incentives and bribes from Euler, Pendle, etc. will be gradually released in the next 1-2 days. Meanwhile, Yala has launched the "Double Berries" loyalty program, which will run until December 8 (the second season Airdrop Snapshot). For users whose cross-chain transfers have not yet arrived, Yala has opened a compensation application form, which is expected to complete review and compensation within 1-4 weeks. Yala stated that the protocol has upgraded its security mechanisms and will operate with higher stability in the future.

YALA4.11%
USDC0.02%
KMNO-3.97%
EUL-1.57%
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MetaMiseryvip
· 23h ago
这次总算动作快了
Reply0
RadioShackKnightvip
· 23h ago
Do you think that just fixing it means nothing happened?
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PanicSeller69vip
· 23h ago
不愧是秋季最大梯子
Reply0
FlippedSignalvip
· 09-23 14:13
Fixed! This speed is good.
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wrekt_but_learningvip
· 09-23 14:10
深不深似海?上车晚上班!
Reply0
BearMarketGardenervip
· 09-23 14:05
Fixing it so quickly, the boss is a bull!
View OriginalReply0
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