Ankr Has Halted aBNB Trading

Ankr suspends aBNB trade, and the ankrBNB airdrop will replace the original aBNBc and aBNBb.

Ankr published an article explaining why aBNB trading was halted. Because DEX does not have the capacity to halt trade, the platform proposed that liquidity providers remove liquidity from the liquidity pool and will undoubtedly reject LUNA’s solution.

aBNBc and aBNBb will be useless after the upcoming Token airdrop. The only token that can be exchanged for pledged BNB will be ankrBNB. As a result, the platform recommends that all liquidity providers remove aBNB in order to avoid speculative transactions, because DEXs cannot generally prevent transaction capabilities, and they cannot prevent speculative transactions nor control other DeFi protocols.

Previously, they announced on December 2 that it would take a snapshot and reissue ankrBNB to users who held aBNBc prior to the attack, as well as purchase $5 million USD in BNB to compensate LP. It also stated that the reserves will be used to compensate aBNBc liquidity providers, and that the project has begun collecting the names of those affected.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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