TechFlow news, November 6: Notional Finance announced that due to the Balancer vulnerability, Notional V3 will be shut down on Ethereum mainnet and Arbitrum. This incident resulted in bad debt of 641.4 ETH on mainnet and 80.2 ETH on Arbitrum. Users holding affected Balancer/Aura leveraged vaults will face 100% asset loss, while ETH lending users will suffer significant write-downs. The Notional team plans to release an asset withdrawal proposal and will automatically migrate cross-collateral lending users to Aave. Detailed loss reports and remediation measures will be published progressively.
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