Dear Octopus ,. A % of the treasury was in UST and deposited into Anchor. The team got out at $0.
12 May 2022, 10:23
📣Dear Octopus 🐙,
A % of the treasury was in UST and deposited into Anchor.
The team got out at $0.95.
Current treasury is circa US$18M, without accounting for remaining liq in pools, security deposits on exchanges and $XDEFI supply.
What happened is heartbreaking and we know a lot of projects have been hit hard.
Our thoughts are with them all and we are here if anyone wants to talk.
We are fortunate to be in a position where we can continue to build aggressively 🏗 and expand XDEFI for the years to come.
We ain’t going nowhere 💪.
-The XDEFI Wallet Team-