The DeFi lending protocol Nostra has temporarily suspended borrowing related to xSTRK and sSTRK due to price data errors
ChainCatcher reports that Nostra, a lending protocol in the Starknet ecosystem, has discovered serious errors in its price oracle, causing the prices of xSTRK and sSTRK to be erroneously inflated by about 3 times. To prevent unnecessary liquidation of user assets, Nostra has temporarily suspended borrowing functions for both and advises depositors to withdraw their collateral as soon as possible.
Due to a lack of backup oracles, Nostra indicates that similar risks may still exist in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC falls below 84,000 USDT
KILO is about to go live on Bitget PoolX and CandyBomb to earn 1.8 million KILO airdrops!
U.S. SEC Begins Admitting Government Efficiency Department Officials
SOL falls below 130 USDT
Trending news
MoreCrypto prices
More








