Collateralization Issue
The following vaults are deprecated due to a collateralization issue that was discovered on 12/30/23
These vaults incorrectly think they are undercollateralized when they have more assets deposited than what is liquid in the Aave market. Funds aren't at risk, but under certain conditions it is possible for a user to withdraw less than what they deposited.
As of 1/3/24 Generation Software's recommendation is to avoid withdrawals from the USDC Vault for the next few days. Your funds are safe!
We will be rolling out changes to the Cabana app that will make it easy to see when you are withdrawing your full deposit.
Generation Software is also developing an updated implementation of the Prize Vault which will address this issue for any future vaults. More technical details can be found in the PoolTogether governance forum
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