Investigation: Overnight.fi reduced user account stable currency assets without consent, team information may be fake

Odaily Planet Daily News Twitter user "Yankee" reported that in order to solve the stablecoin USD+ unanchoring problem, the zkSync ecological stablecoin Overnight.fi rebases the USD+ held by all users, that is, all users bear the loss together. "Yankee" explained that assuming that the user's wallet originally had 100 USD+, the total value before unanchoring was US$100; after unanchoring, USD+ dropped to US$0.7, and the total value was only US$70. Overnight.fi does not achieve re-anchoring through repurchases, but reduces the total amount by 30%, that is, the number of coins held by users becomes 70, and the unit price rises from $0.7 to $1. Users are still losing money in essence. "Although they said that if the stolen funds are recovered, they will airdrop the amount of coins corresponding to the Rebase reduction to the victim, but if they are not recovered, should it be regarded as nothing?" The Odaily Planet Daily query found that Overnight.fi’s previous announcement on the specific rules of Rebase in the Discord community is currently prohibited from querying. Overnight.fi also set up viewing permissions for its tweets, prohibiting users from viewing Rebase-related content through reposting by others, and released multiple tweets today to suppress the popularity. In addition, the official website of Overnight.fi announced the information of nine team members, and claimed that they have experience working in the Internet such as Google and Facebook. Odaily Planet Daily searched according to the Linkedin (Linkedin) link published on the official website, and all the above-mentioned 9 people were found to be no such person, or they were fake. (Click the link to read the original text)