Recommendation of action: UMAMI market. UMAMI DEX liquidity has decreases significantly in the Uniswap V3 pool.
24 Apr 2023, 12:44
Recommendation of action: UMAMI market
UMAMI DEX liquidity has decreases significantly in the Uniswap V3 pool.
To err on the side of caution, we ask users to pay back loans and withdraw from the UMAMI market.
Reason
When DEX liquidity decreases, lending markets become vulnerable to risks such as failed liquidations or oracle manipulation.
Please remember that our markets are non-custodial and therefore the core team can only recommend actions. It is up to users to act.
Thank you.