Why is yamv2 suspended trading?
Why is yamv2 suspended trading? According to the community announcement, it is
Why is yamv2 suspended trading? According to the community announcement, it is due to contract deployment issues. Currently, more information regarding yamv1 and yamv2 is being investigated, but due to the unreasonable contract code design (existing vulnerabilities), there are not enough reserve assets in the YAM/ETH liquidity pool to pay high fees. Therefore, the project team has decided to close all liquidity and stop trading funds until all funds have been withdrawn for yCRV tokens (the current total supply has exceeded 10 million). Participants have been notified not to withdraw any assets temporarily (as it is currently in hibernation) to complete the migration process. (Medium article: Please note that this does not mean we will not restart YAMV1).
To address these issues, YamFinance will execute its new contract address starting from 8:00 on June 4th, Beijing time:
0xa5eC9fB8D7A3bFdcE90ce50ca54fa66d71Dbaa0
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