Security First: Balancer Halts reCLAMM Operations
According to recent updates, Balancer has paused operations related to its reCLAMM (refactored concentrated liquidity AMM) liquidity pools after receiving a security report via Immunefi. This move aims to ensure system integrity while a full investigation is carried out.
User Funds Remain Secure
Balancer has confirmed that all user funds are safe and fully accessible during this period. The team is working closely with Immunefi to analyze the reported issues thoroughly.
Ongoing Investigation Updates
- The pause serves as a precautionary measure
- Updates will be shared via official communication channels
- Commitment to maintaining platform security remains a top priority
Users are encouraged to follow Balancer's official announcements for the latest developments and detailed explanations.