yoUSD deposits and withdrawals have resumed. A temporary 2.95% withdrawal fee, aligned with the vault’s current RLP exposure, has been introduced as a precautionary measure to ensure fairness and maintain liquidity. Depositors who choose to withdraw will incur this fee, which goes directly back to the yoUSD vault and accrues to remaining depositors. The fee will remain in effect until there is clarity on RLP. The vault was initially paused while we assessed the situation and has been reopened with the withdrawal fee to provide flexibility while preserving equitable treatment. Updates to follow as we get more information.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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