Wemix.fi suspends lending services due to Stable Coin liquidation issues

Golden Finance reported that the Decentralized Finance platform Wemix.fi of Cryptocurrency Wemix announced the suspension of lending services on July 30. Wemix.fi stated that the suspension of lending and liquidation functions is related to issues related to the liquidation of the Stable Coin WEMIX pegged to the US dollar on the platform. The announcement promised to soon release a notice of service restoration. Wemix.fi did not provide detailed information on the liquidation of its Stable Coin.

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