Venus Protocol: The Binance oracle issue has been fixed, and all markets are operating normally except for snBNB, agEUR, and stkBNB

2023-12-11 08:12:06

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ChainCatcher message, based on the BNB chain lending platform Venus Protocol tweeted that the Binance oracle team has identified and fixed the oracle price feeding issue and will take preventive temporary measures.

Previously, based on the recommendation of Chaos Labs and for caution, due to the Binance oracle price feeding issue in the isolated LST BNB liquidity pool, snBNB and two other isolated markets (agEUR, stkBNB) with similar Binance oracle configurations have been temporarily suspended. The Venus community will release a proposal today to immediately inject approximately $274,000 in liquidity from the treasury into the affected liquidity pools and restore funds in the pools with the support of partners. Other markets are still operating normally and are unaffected.

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