The YU assets are still there, but the liquidity has been drained by hackers, and the current protocol loss is about 5-8M. The YU points markets for Pendle and RateX have also suspended withdrawals.
It is not recommended to bottom-fish YU right now, as the hackers haven't finished dumping yet.
What can be done now is to wait for liquidity to recover, and then silently repeat three times: strong gambling spirit.
Don't let @yalaorg down.
Our protocol recently experienced an attempted attack that briefly impacted YU’s peg. Thanks to the quick collaboration with @SlowMist_Team and our security partners, we’ve identified the issue and are already rolling out improvements to strengthen the system.
All user assets remain safe. We’re focused on reinforcing stability and making the protocol even more robust. More updates coming soon.
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