D2 Finance has raised five questions regarding Tori Finance's actions to fill the gap after the Term Finance incident. The questions include why Tori Finance minted 250,500 trUSD instead of directly using the existing USDC reserves, the source of the collateral used for minting, the fact that half of the funds came from Kraken's hot wallet, the transparency page showing a buffer of only about $17,600 (just 3 basis points), which is far below the scale of the incident's impact, and inquiries about Delta Neutrality verification, high-yield money market positions, and hedging methods. In the Term Finance governance vulnerability incident, the RockawayX Tori USDC Vault was affected, resulting in a loss of approximately 454,000 USDC. RockawayX and Tori Finance subsequently stated that the loss has been fully covered by them.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.








![[Economic Analysis] The Chicken Game Between Besant and the Bond Market... Will the Fed Step In?](/public-static/15_8b3431959d.png?format=avif)




















