Sky Ecosystem has issued a second notice regarding the withdrawal of WBTC-A, WBTC-B, WBTC-C, and WBTC from SparkLend. According to the plan outlined by Block Analitica, the transfer of WBTC from traditional vaults (WBTC-A, WBTC-B, and WBTC-C) and SparkLend will be carried out in several steps in multiple execution offers, pending management approval. The withdrawal process is expected to begin with an administrative vote on September 26, 2024.
WBTC users of traditional vaults and SparkLend are advised to follow Block Analitica's advice to close their traditional vaults and SparkLend positions with WBTC collateral to avoid liquidation.
Sky Ecosystem publishes second notice on the withdrawal of WBTC-A, WBTC-B, WBTC-C, and WBTC from SparkLend
2024-09-14 00:50:28
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