SyncDAO is Suspended

Due to the exploit of the Multichain Bridge in July, the value of USDC on the Fantom blockchain fell below its peg and has not recovered.

As USDC is the underlying capital for the Perpetual Vaults, we have elected to pause the SyncDAO interface, while efforts continue by the Fantom Foundation to recover the value of USDC on the Fantom blockchain.

We have no expectation on how long this may take or if it will result in a positive outcome. Should you wish to unstake PVTs in the meantime you can interact directly with the contract here.