Prisma Finance initiates a new proposal discussion to restore the agreement and restart lending transactions
2024-04-03 12:49:27
On April 3rd, Prisma Finance announced on the X platform that it has initiated new proposal discussions to restore the agreement and restart lending transactions. If approved, Prisma Finance will re-establish normal functions, including complete vault management and deposit into a stable pool. Prisma DAO can continue to drive demand for mkUSD and ULTRA. In addition, Prisma Finance will ensure that the protocol is secure for all users before restoring it. It is reported that based on temperature checks and the way snapshots are received, on chain voting may start within 2 to 6 days. Previously, Prisma Finance suspended the agreement after a vulnerability affected many users' personal vaults and claimed that the remaining funds were secure.
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