UPDATE ON RIZ VAULTS 🚨

Following last week’s fix to the vaults, it has been determined that new contracts will be required for their proper functionality. This is due to the vaults’ structure, where liquidity is distributed between Core and RIZ markets, making them indirectly affected by the October incident.

Development of the new contracts is already underway, and their deployment is expected soon. Regarding existing deposits in the vaults, these will be included in the total affected amount and incorporated into the claiming contracts under RFP-47. Additionally, if the Convenience Class RFP passes its DAO vote, eligible users will also be considered under this framework.

We understand this situation may be frustrating and appreciate your patience as we assess the next steps.

Thank you for your continued support. Further updates will be shared as progress is made.