Quick summary of events on 9-Jan-2025:.
10 Jan 2025, 05:40
Quick summary of events on 9-Jan-2025:
An OG Dev initiated a timeout (via Admin Mimir) for all Savers & Lending withdrawals for six months. After 6.5 hours, three nodes reversed those settings via Node Mimir. All Savers & Lending withdrawals are enabled at the moment.
There were some Lending Withdrawals (around 10% of BTC and 1% of ETH collateral) within 12 hours since, so this led to some of the price action.
But obviously price action is also / much more affected by broader market demand/supply/sentiment. Please keep all price talk on Traders chat.
Note that Admin Mimir has already limited functionality, and will be fully removed in upcoming update.
Cc @Sweetman15 @IsmailAxhami @CharlesHarperValero
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10 Jan 2025, 05:50
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