On July 31st, Astroport, a decentralized trading protocol, stated that Terra chain has been temporarily suspended due to an emergency upgrade. It appears that someone has taken advantage of the IBC vulnerability to mint a number of tokens on the Terra on-chain, including ASTRO. As the chain has now been halted, it is currently not possible to mint any more tokens. Astroport contributors are working with other chains and Cosmos builders to determine the necessary actions.
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Astroport contributors are collaborating with other chain and Cosmos builders to determine the steps to be taken
On July 31st, Astroport, a decentralized trading protocol, stated that Terra chain has been temporarily suspended due to an emergency upgrade. It appears that someone has taken advantage of the IBC vulnerability to mint a number of tokens on the Terra on-chain, including ASTRO. As the chain has now been halted, it is currently not possible to mint any more tokens. Astroport contributors are working with other chains and Cosmos builders to determine the necessary actions.