Survival guide for using bridge tBTC: 3 essential rules to keep in mind to protect your assets after a security incident.
1. Never resubmit a pending bridge transaction, and never reuse an old BTC deposit address under any circumstances.
2. Aave status: Reserve tBTC is currently frozen for new deposits and additional borrowing; existing users are only allowed to withdraw or repay.
3. Patiently wait for two important milestones: the bridge fully reopening to users and Aave officially lifting its separate restrictions.
Save this post to your trading notebook now to guard against risks, and share it with friends so they can stay informed about the situation.
$BTC $AAVE #tBTC #DeFi
Not financial advice. DYOR.
1. Never resubmit a pending bridge transaction, and never reuse an old BTC deposit address under any circumstances.
2. Aave status: Reserve tBTC is currently frozen for new deposits and additional borrowing; existing users are only allowed to withdraw or repay.
3. Patiently wait for two important milestones: the bridge fully reopening to users and Aave officially lifting its separate restrictions.
Save this post to your trading notebook now to guard against risks, and share it with friends so they can stay informed about the situation.
$BTC $AAVE #tBTC #DeFi
Not financial advice. DYOR.
