Hello @everyone, due to the situation with stolen funds from the Multichain bridge we are going to be migrating our BOO emission
07 Jul 2023, 16:36
Hello @everyone, due to the situation with stolen funds from the Multichain bridge we are going to be migrating our BOO emissions from pairs with Multichain bridged tokens to Axelar versions - meaning USDC, USDT, DAI, wBTC and wETH pairs will start using the axelar versions.
Do note that due to the situation with their bridge people have lost hope in the peg of the Multichain tokens and as a result they are dumping these tokens and the current pools with them are experiencing depegging - meaning Multichain stablecoins are worth less than 1.0 USD and similarly with wBTC and wETH. If you are LPing and exit these pools now you will receive more of the depegged token and less of the other token in the pair.
Axelar bridge however is functioning normally and Axelar bridged tokens are pegged properly. To prepare for farming with axelar tokens on SpookySwap, you can get them on their bridge: