Elixir: deUSD is officially invalid, and the USDC compensation process will be initiated for all deUSD and its derivative holders.
ChainCatcher news, according to Elixir's official Twitter, the stablecoin deUSD has been officially retired and no longer holds any value. The platform will initiate a USDC compensation process for all holders of deUSD and its derivatives (such as sdeUSD). The affected parties include lending platform collateral providers, AMM LPs, Pendle LPs, and others.
Elixir also warns users not to purchase or invest in deUSD through AMMs or other channels.
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
Peter Schiff: The opportunity to sell bitcoin at prices above $100,000 won't last long
Opinion: If Bitcoin falls below the "bull-bear dividing line" 50-week moving average, it may face a 60% decline
Ligo Holdings cancels plan to purchase cryptocurrencies worth 24 million HKD
