X @𝘁𝗮𝗿𝗲𝘀𝗸𝘆

Risk Management & Security Concerns - The report highlights potential vulnerabilities in on-chain funds, suggesting a reliance on verbal assurances rather than robust risk control mechanisms [1] - The report raises questions about the security of funds, contrasting assurances of safety with the reality of potentially weak risk management practices [1] Project Updates & Mitigation Efforts - Re7 Labs is actively addressing issues in various markets, including xUSD Euler Markets, deUSD and sdeUSD markets on Plume, and sUSDX and USDX markets on BSC [1] - Re7 Labs assures stakeholders that they are working to mitigate issues in the mentioned markets [1]