Venus: Actively reviewing accounts affected by the WBETH disanchoring to assess a fair resolution

BlockBeats News, October 11th, the BSC lending protocol Venus posted on social media that the official team is aware of the WBETH price dislocation issue, which caused some users to be liquidated unexpectedly during today's early morning downturn. The team is actively investigating the event, reviewing affected accounts, and assessing fair follow-up steps.

At the same time, the team is strengthening risk management and oracle protection measures to help prevent similar events in the future.

It is reported that WBETH dislocated during the extreme downtrend early this morning, dropping to $430 (ETH to $3435). The WBETH/ETH exchange rate dropped to 0.2, now reported at 1.06, with WBETH's price at $4097 (ETH at $3840).