During the recent period of volatility in crypto markets, a number of users of the Kava webapp (CDP and Hard) reported atypical delays when trying to transact with the Kava blockchain. For some users, this resulted in them being unable to repay or re-collateralize borrow positions, which caused them to be liquidated. This article will provide a summary report on the issues we encountered along with the actions Kava Labs engineers are taking to prevent this situation from occurring in the future. In addition to this report, we are working on a SAFU Fund proposal to compensate affected users. Read more here: https://medium.com/kava-labs/may-19th-market-volatility-e75377b63353

During the recent period of volatility in crypto markets, a number of users of the Kava webapp (CDP and Hard) reported atypical delays when trying to transact with the Kava blockchain. For some users, this resulted in them being unable to repay or re-collateralize borrow positions, which caused them to be liquidated. This article will provide a summary report on the issues we encountered along with the actions Kava Labs engineers are taking to prevent this situation from occurring in the future. In addition to this report, we are working on a SAFU Fund proposal to compensate affected users. Read more here: https://medium.com/kava-labs/may-19th-market-volatility-e75377b63353

We are continuing our development of the new AMM. We will keep you posted as we get closer to our release! $EGG #BSC #DEFI