Metal X Lending on XPR Network
Oct 17, 2024
Phased Reopening Announcement
We are pleased to announce the phased reopening of the Metal X Lending platform on the XPR Network. Following a recent exploit, our engineering team has worked diligently to resolve the issue and implement enhanced security measures to prevent future attacks. The safety and protection of our users and their funds remain our highest priority. Metal X Trading, and other functionality remains operational.
Phased Reopening Schedule:
Week 1 (Starting October 17, 2024): Deposits, Repayments and Reward distribution will be re-enabled.
Week 2 (Starting October 23, 2024): Liquidations will resume.
Week 3 (Starting October 30, 2024): Withdrawals will be available.
Week 4 (Starting November 6, 2024): New user signups will reopen and borrowing will resume.
These dates are subject to change, and we appreciate your patience and trust as we work to restore full functionality.
Thank you for being a valued member of our community.
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