Lista DAO: Urges MEV Capital and Re7 Labs to immediately take responsibility for resolving the issues with the two anomalous vaults.

On November 6th, PANews reported that the decentralized stablecoin protocol Lista DAO posted on X (formerly Twitter) stating: “We have detected and have been closely monitoring the USDT vault of MEV Capital and the USD1 vault of Re7 Labs. The collateral assets (sUSDX and USDX) continue to face abnormally high borrowing rates, with no repayment activity occurring. As an on-chain P2P lending protocol, Lista Lending has been actively communicating with these two teams in an effort to resolve the current issues. Continued inaction and delays will not solve the problem. We urge MEV Capital and Re7 Labs to take responsibility immediately: make decisions, communicate transparently, and work with us to protect user interests and restore market balance.”

PancakeSwap reposted this message and added: “Our team has also been aware of the situation involving the affected vaults and is closely monitoring the developments. Please check and monitor user positions related to these vaults on PancakeSwap. We will continue to follow the latest updates and share relevant information when necessary.”