Wasn’t their fault at all. Just not exactly sure how close both teams are related. Do was investor in both protocols, not necessarily means anything of course
@ApertureFinance (a delta-neutral Mirror strategy requiring short farms for all users) had a TVL of over $100m before the 'bug'. All user funds were locked for days, and many could only withdraw once UST was under $0.20. This wasn't really their fault - highly unfortunate.https://twitter.com/FatManTerra/status/1528366903252733953 …
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Finally someone talking about this! The management of this issue by TFL was a total disgrace. The most part of over 100m has been lost because of a “bug” that could have been promptly corrected. Furthermore, there is no plan to include these funds in the pre-depeg snapshot
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This specific incident is a striking proof of the bad management of this crisis. The risks were there, but the “bug” led to an almost complete loss of the money I/we had there
End of conversation
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I looked at this one, and avoided it because of this specific risk.
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