Solana (SOL)-based decentralized finance (DeFI) platform Oxygen (OXY) announced that it holds 95% of its assets in FTX and is shocked by bankruptcy.
By the Oxygen team twitter in a post on of FTXthe overall supply of their ecosystem assets, both locked and unlocked. more than 95% It is said to host more. in the face of the situation they are shocked Explaining that, the team announced that they have contacted authorized institutions for the solution process.
The statement made by the team included the following statements:
We are considering all options for how to save the MAPS & OXY ecosystems and have hired legal counsel to assist with this ongoing process.
One of the important DeFi platforms serving in the Solana network, and Serum (SRM) After the news of the FTX hack, Oxygen, which provides significant liquidity with Due to the great loss of value on SRM also affected.
The serum team the possibility of vulnerability recently performed a hard fork. Decentralized (DEX) exchange’s native token SRM after the transaction to 200% near experienced an increase.