Yearn Finance: Indirect loss of 1.38 million USD due to the Euler hack, bad debts will be borne by the Yearn Treasury

ChainCatcher news, DeFi yield aggregator Yearn Finance tweeted that although there is no direct risk exposure to Euler, some vaults are indirectly exposed to the hacker attack. By using strategies from Idle and Angle, the total risk exposure on yvUSDT and yvUSDC amounts to $1.38 million. Developers are currently using the affected protocols, and the resulting bad debts will be borne by the Yearn Treasury. All vaults will remain open and fully operational, and users can use them normally. (source link)