Deprecation of USDM vaults

As announced by Mountain Protocol, USDM is getting deprecated and we advise every borrowers to repay their loans and depositors to withdraw when possible to redeem.

Current borrow rates are already at 16% and will double every week until reaching 800%.

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There is enough liquidity for all depositors to exit.

Hi, it seems no one can withdraw USDS. I’ve checked all recent withdrawals and they’ve all failed.

0xB17B070A56043e1a5a1AB7443AfAFDEbcc1168D7/steakhouse-susds

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steakUSDC vault is now fully allocated to the Idle market and will no longer be supported by @Steakhouse . Depositors should be able to withdraw.

PS: we replied to @aurexav DM within a few hours and provided him many ways to fix his problem, Morpho team was also on the case (UX issues it seems).

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Fixed by using an old version of Morpho.

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