Notice Regarding Suspension of BUSD-Related Vaults on xWIN.Finance

xWIN.Finance
1 min readAug 30, 2023

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We sincerely appreciate your continued support and usage of xWIN.Finance. We would like to inform you about the suspension of BUSD-related Vaults on our platform due to the discontinuation of BUSD lending on the Venus Protocol and the halt of PAXOS’s BUSDT.

Venus Protocol Announcement
https://app.venus.io/#/governance/proposal/161

Please review the following details and take the necessary actions as needed:

1. Affected Vaults:

All BUSD-related Vaults will be suspended, including various strategies that utilize BUSD.

Example: BUSD Staking on Single Asset Vaults (Stake and Earn) like Venus.

2. Withdrawal Guidelines:

While the BUSD-related Vaults will be suspended, we would like to reassure all our valued users that withdrawals will still be possible.

3. Future Outlook:

The xWIN.Finance team is dedicated to providing the best user experience. We will continue to work on new updates and additional Vault strategies to enhance our offerings. Please stay tuned for further announcements.

We sincerely thank you for your understanding and cooperation.

xWIN.Finance Team

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xWIN.Finance
xWIN.Finance

Written by xWIN.Finance

xWIN is an innovative platform that empowers fund managers to establish and manage their funds, providing investors with access to investment opportunities.

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