Pendle: 3 Pendle Pools Are Affected by Balancer’s Emergency Measures, and Holders Are Advised To Withdraw Underlying LP Assets

08/23 02:25

On August 23, DeFi yield protocol Pendle Finance announced that three Pendle pools, ETHx-bbaWETH, swETH-bbaWETH, and swETH-bbaWETH (old), were affected by emergency measures taken by Balancer. Other pools are not affected. The funds in the affected pools are safe, but trading in the underlying Balancer pool has been disabled and will not generate further fees or yields. Holders are advised to withdraw their underlying LP assets.

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