Threshold is a bridge protocol that supports a set of cryptographic primitives for multiple dApps. Features inherent in the project: decentralization, security, privacy.

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🚨 Threshold Governance Alert 🚨

🗳 TIP-53: Mint 470M Threshold work tokens for DAO to distribute per the stable yield model has moved to snapshot for a 3 day temp check 🌡 https://t.co/koTlhGU92t

Threshold Governance Alert.

Attention: Action item for Ajna borrowers. 

We recently identified a possible way to grief a section of users of the protocol. Whilst we're uncertain how likely this is to happen -  we believe the safest thing to do is for users pay down their debt and withdraw their funds. 

This particular grief vector could impact some borrowers but should not materially impact lenders, so closing borrows and removing collateral is the only urgent task that we recommend. Of course it does not make sense to lend into a protocol with no debt, so please feel free to remove lending liquidity as well. 

Stay tuned for further info and redeployment news (once fixes have been run by our various security auditors). We don't anticipate it being a long turnaround. 

Ajna was built to be immutable and permissionless. A robust protocol designed for a truly decentralized vision of DeFi. A window between the launch of the protocol and the winding down of the team was always planned in order to test the resiliency of the design in a live environment, a period to catch any bugs or vectors such as this. We greatly appreciate the help from our partners and users in this endeavor. We remain committed to being fully transparent and taking the most conservative approach when it comes to user funds.

https://t.co/jyjW7Yc9Rp

Ajna has a bug. Repay all debt and withdraw all collateral.

Ajna has a bug. Repay all debt and withdraw all collateral.

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