Yei Finance clarifies that it assures the community that all user funds on Yei are fully available and can be withdrawn 100%. About $8.60 million of USDC in the main pool of Yeiend is borrowed against sfastUSD, and the Yei team will repay this debt in full, ensuring that all USDC deposits can be withdrawn.
At present, the withdrawal function has been suspended during the repayment of debt. An update will be issued as soon as possible to indicate when the agreement will resume normal operation. Yesterday evening, YeiFinance said that due to the current abnormal situation in the fastUSD market, the team has suspended the agreement to take precautionary measures. The team is actively investigating and is expected to provide an update within the next 24 hours.
Yei Finance: All user funds are fully available, and the team will repay the main pool debt in full
2025-11-06 03:14:35
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