Altura (AVLT)

If you have assets in Altura, read this to understand why the team choose to unwind the AVLT vault

Personally for me it makes a lot of sense rather than risking an implosion. Let's see how it goes & how the team move on from here ✓

Just as a security pre-caution:

I have initiated withdrawal of my AVLT, but using the normal method which will take 40+ hours

Let's see what is the next update & plan by the team ✓

If there are any updates I'll let you guys know.

Woke up & I just saw this that Altura is winding down their AVLT vault

From what I see & heard, it's a risk management move from the team as they unprecedented level of withdrawal requests for the past 24 hours

As they wind down the vault, funds will be returned to users

For me, I have removed my AVLT from my Pendle LP position & awaiting for more info from the team

Still holding my assets as AVLT as of now