Term Finance kills Meta Vaults after governance process clears path for $8.5 million drain

Term Finance has shut down its Meta Vaults following a governance decision that cleared the way for an $8.5 million withdrawal. The platform has not confirmed the loss or pledged to cover any shortfall, leaving users with open withdrawals. The move was reported by CryptoSlate.

Sources

• CryptoSlate — Term Finance kills Meta Vaults after governance process clears path for $8.5 million drain

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