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Pendle said that it has no risk exposure to Binance,Pendle V2 and that funds at both it and Boros are safe and operating normally.
Pendle None Binance risk exposure, funds are safe, and the product is operating normally
BlockBeats reported that October 30，Pendle published a statement saying that the protocol has no Binance risk exposure whatsoever.Pendle V2 and Boros are both fully on-chain and non-custodial, with funds safe and the product operating normally. It hopes that all affected parties in the industry will be well.
Original link https://m.theblockbeats.info/flash/374537
BlockBeats said that this statement was published on October 30。
Pendle published a statement saying that the protocol has no risk exposure to Binance whatsoever.
Pendle said that Pendle V2 and Boros are both fully on-chain and non-custodial.
Pendle said that funds are safe and the product is operating normally.
Pendle stated that it hopes all affected parties in the industry will be well.
The following is analysis, separate from reported facts. Verify important claims independently.
“No risk exposure” is Pendle’s statement regarding the risks associated with itself and Binance“Fully on-chain and non-custodial” indicates that Pendle stated that the related products operate on-chain and do not custody users’ funds.
This statement directly concerns the safety of funds, custody model, and product operating status of the Pendle protocol.
If you are currently using Pendle V2 or Boros, this message provides the project team’s explanation of the safety of funds and operating status, but the available materials are insufficient to independently verify these claims.
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