Important Update Regarding cLUNA
Dear Chaotic Community,
Given last week’s developments regarding LUNA and UST, cLUNA has stopped trading on Chaotic Exchange.
This is caused by the extreme market conditions (hyperinflation/delisting of LUNA at exchanges) that will ultimately result in erratic and incorrect price feeds. At this time, it is no longer safe to keep cLUNA trading on Chaotic.
Only an extremely small number of users with open positions will be affected. For those users who still hold cLUNA, you can close your position at the terminal price. If you have any additional questions please feel free to reach out to our support team on Discord.
Please understand the safety of the protocol and its users comes first.
The team is working hard on making sure the Chaotic Finance protocol is running correctly. We will be reaching out to the community in the coming days to see what c-asset we will choose to list on Chaotic Exchange and replace cLUNA.
Thanks for your understanding.
Chaotic Finance Team
About Chaotic Finance
Chaotic is a community-driven delta one asset protocol on the Kusama network via Moonriver. Chaotic allows its users to get exposure to various synthetic assets by letting them trade long and short positions with up to four times leverage.