#kavasaysabnormalactivitylimitedtokavalend
The Kava community just got a huge scare after discovering that a large amount of KAVA had been transferred to BSC via a bridge and then massively sold! đ±đ„
Fortunately, the Kava team quickly spoke up to calm things down: this is NOT a bug that allows tokens to be created infinitely. The incident is limited to the Kava Lend protocol and has been safely isolated. Partner platforms also immediately suspended deposits and withdrawals to prevent the risk from spreading.
What should traders do? Donât rush to âbuy the dipâ out of FOMO, and donât open short positions based on rumors either, or you could get liquidated on both sides! Stay calm, wait for Kavaâs official investigation report, carefully check your wallet if you interacted with Kava Lend, and manage risk with the utmost care.
This is not financial advice.
$DODOX
$EVAA
The Kava community just got a huge scare after discovering that a large amount of KAVA had been transferred to BSC via a bridge and then massively sold! đ±đ„
Fortunately, the Kava team quickly spoke up to calm things down: this is NOT a bug that allows tokens to be created infinitely. The incident is limited to the Kava Lend protocol and has been safely isolated. Partner platforms also immediately suspended deposits and withdrawals to prevent the risk from spreading.
What should traders do? Donât rush to âbuy the dipâ out of FOMO, and donât open short positions based on rumors either, or you could get liquidated on both sides! Stay calm, wait for Kavaâs official investigation report, carefully check your wallet if you interacted with Kava Lend, and manage risk with the utmost care.
This is not financial advice.
$DODOX
$EVAA
