TechFlow news, on September 23, Yala announced the completion of main remediation measures for the attack incident on September 14.
According to the announcement, all unauthorizedly minted $YU tokens have been burned, liquidity has been restored, and $YU has returned to its peg. Users can now exchange USDC for $YU at a 1:1 ratio via the Convert feature, and the cross-chain Bridge functionality has also resumed operations.
Regarding incentives, Kamino incentives have gone live, while incentives and bribes from Euler, Pendle, and others will roll out over the next 1–2 days. Meanwhile, Yala has launched its "Double Berries" loyalty program, running until December 8 (Season 2 airdrop snapshot).
For users who have not yet received their cross-chain transfers, Yala has opened a compensation claim form, with reviews and payouts expected to be completed within 1–4 weeks. Yala stated that the protocol has upgraded its security mechanisms and will operate with higher stability in the future.
