Hourglass has announced a pause on new deposits for its Stablecoin Staking Event Phase 2 to prioritize the safety of all user funds. The decision comes as part of the company’s commitment to ensuring that existing investments remain secure during this phase. Users can rest assured that their funds are protected while the company evaluates the current situation. Hourglass aims to maintain transparency with its users and will provide updates as necessary. The pause on new deposits is a precautionary measure to safeguard the interests of all participants in the staking event.
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