Our Notion has been updated. LST Mini Pool withdrawals are open. Please adjust positions ASAP.

LINEA Mini Pool has been unpaused. LINEA supply in LINEA Mini Pool partial refill. More expected tomorrow. asUSD OTC #3 has been completed: lineascan.build/tx/0x19cb34e… Notion page has been updated: asterafinance.notion.site/As…

asterafinance.notion.site/As… The REX33 Mini Pool is now unpaused. Please refer to this Notion document which will be changed to reflect the most up-to-date information on the Astera unwind. A second asUSD OTC has been completed. lineascan.build/tx/0xec3ac46…

Any USDC that was sent to the Multisig for OTC into asUSD has been executed. lineascan.build/tx/0x2710ac4… We found an edge-case which is delaying our market unpause. Our next update will be shared on Wednesday.

After reviewing our recovery strategy with Spearbit, we're ready to begin unwinding the LINEA and REX33 markets. If you are currently borrowing asUSD, you can repurchase your debt from Astera directly by sending the equivalent USDC to the Astera Treasury Multisig: linea:0x7D66a2e916d79c0988D41F1E50a1429074ec53a4 We are executing these OTC purchases manually because we want to keep asUSD out of the exploiter's hands. asUSD will be distributed after the final review of the upgrade plan by Spearbit and other stakeholders. This is expected to occur early next week. Thank you everyone for your patience in this matter, and look forward to a full recovery soon. Please leave any questions in the replies or send a direct message here on X.

The post-mortem is now available. asterafinance.notion.site/As… We are preparing the market for unwinding and will communicate next steps as soon as possible.

Our team has been working overnight with Linea and Spearbit teams to mitigate the impact of our recent security exploit with good results. We are still in the process of executing mitigations and writing a full post-mortem, and will deliver updates as soon as it's safe to do so. We are currently waiting for our recovery efforts to play out before we unpause markets, and are designing a robust risk-mitigation plan to re-open Astera for withdrawals. Rex33 depositors should be able to pay down their loans and withdraw very soon. As part of this, we are arranging a means for users to acquire asUSD via escrow instead of directly from Etherex. This is because we've dramatically increased fees on asUSD pools to ensure the attacker can't use them as exit liquidity. For users who aren't comfortable with an OTC solution, we will continue to work on further options once the markets start unwinding. Thanks to existing risk mitigation efforts, the amount of funds that the attacker received amounted to less than 5% of the total assets on Astera. We hope to reduce this number closer to 3% through our disaster recovery effort. In the end, the cost of this exploit is around the same cost of a Tier-1 audit, and our team is motivated to continue pushing the protocol forward to ensure users can be made whole in a timely fashion & we can continue pushing the limits of DeFi credit infrastructure.

Astera has experienced a security exploit. Our team confirmed the attack at 17:39 AEST and immediately paused the Core Pool and all Mini Pools. Currently no deposits or withdrawals are possible. We are working with our security partners to trace and recover funds. Full statement and details to follow. Do not trade asUSD at this time as liquidity pool fees have been increased as part of the response. REX33 deposits are unaffected.