The weekly reports on Revival & Vival are out now. Please go through the reports to find out the changes. dApp: <. Website: <.

01 May 2022, 09:44
The weekly reports on Revival & Vival are out now! Please go through the reports to find out the changes! dApp: <http://rvl.finance> Website: <http://revivaldefi.com> GitBook: <https://docs.revivaldefi.com/> <https://twitter.com/RevivalDefi/status/1520698966421213184?t=avn5vvJN5rXWnSPW91QJjg&s=19> <https://www.instagram.com/p/CdArzTWDceW/?igshid=YmMyMTA2M2Y=> <https://www.facebook.com/110377844906886/posts/135784179032919/?sfnsn=mo> <https://vm.tiktok.com/ZTdqXPgGV/>

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Sperax
SperaxSPA #787
Telegram
01 May 2022, 09:50
Most of our tvl and liquidity was in saddle! Our pool was unaffected by saddle’s hack but temporarily paused by the saddle team as a precaution! This is the biggest stress test we have ever experienced, since a large part of our liquidity and tvl was on that dex! On chain redeeming of USDs was increased and fees jumped only for a short period of time according to the on chain logic because there has been a lot of arbitrage going on (hence USDs supply contracted a bit). Because of that we haven’t lost the peg by more than 2% throughout the incidence and I am highly confident it will be shortly restored (as fees will go down and more arb will push the price back to 1 dollar). We are monitoring closely but personally I am not too worried!
Most of our tvl and liquidity was in saddle.
Most of our tvl and liquidity was in saddle! Our pool was unaffected by saddle’s hack but temporarily paused by the saddle team as a precaution! This is the biggest stress test we have ever experienced, since a large part of our liquidity and tvl was on that dex! On chain redeeming of USDs was increased and fees jumped only for a short period of time according to the on chain logic because there has been a lot of arbitrage going on (hence USDs supply contracted a bit). Because of that we haven’t lost the peg by more than 2% throughout the incidence and I am highly confident it will be shortly restored (as fees will go down and more arb will push the price back to 1 dollar). We are monitoring closely but personally I am not too worried!