- Sui Community has returned 1,376 SUI to customers affected by a bug found in October.
- The blockchain protocol revealed that 1,273 wallets had been affected by the bug.
- Sui's TVL fell to $1.4 billion from $1.6 billion on November 19.
Sui Community, a number one layer 1 blockchain ecosystem, has totally refunded 1,376 SUI tokens to customers who had been unable to stake rewards from a bug. The bug affected some token holders who launched their belongings between epochs 560 and 563.
The Sui staff applied a patch on October 28 at epoch 564. After the patch went reside, the blockchain protocol recognized 1,273 wallets that had unlocked their belongings between epochs 560 and 563 and missed a complete of 1,376 SUI in rewards.
Informing these affected by way of an on the time, down 5% in seven days).
Sui famous that the affect of the bug, recognized on October 24, was small, however the protocol “I needed to make things better.” The community's native token, SUI, has carried out effectively towards most digital belongings not too long ago, rising 466.42% since November 2023 and reaching a market cap of $9.86 billion, based on knowledge from CoinMarketCap .
Sui Community TVL and Value Evaluation
Knowledge from DefiLlama exhibits that the overall worth locked (TVL) within the Sui ecosystem elevated from $159 million on November 28, 2023 to $1.62 billion on November 19. On the time of publication, Sui Community's TVL stands at $1.4 billion with stablecoin quantity of $330 million.
SUI token worth evaluation utilizing accumulation/distribution exhibits that the buildup of the digital asset stays on the rise whereas the slope of the road suggests elevated investor curiosity.
Additionally Learn: Sui Community Outage Impacts SUI Value: What Traders Have to Know
The Relative Energy Index is above 60, confirming that patrons are nonetheless dominant within the area and the slope of the road suggests gradual near-term momentum. With buying and selling down 17.39% over the previous 24 hours, merchants can anticipate the gradual development to proceed for a while.
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