Alchemix had no direct exposure to @eulerfinance, but had indirect exposure in the yvUSDT and yvUSDC yearn vaults.
13 Mar 2023, 18:50
Alchemix had no direct exposure to @eulerfinance, but had indirect exposure in the yvUSDT and yvUSDC yearn vaults. Yearn is covering the shortfall in their vaults, leaving our system completely unaffected.
Our thoughts and prayers go out to the Euler team and their users. 🙏