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Notional: Due to bad debts related to the Balancer vulnerability, operations will be halted, and a detailed user withdrawal plan will be announced later.

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On November 6, the fixed interest rate lending protocol Notional Finance announced an important update for V3 users, stating that the total bad debts related to the Balancer vulnerability amounted to 641.4 ETH on the Mainnet and 80.2 ETH on Arbitrum. Users holding positions in the affected Balancer/Aura leverage vaults will lose 100% of their position value. Ethereum borrowers and liquidity providers on the Mainnet and Arbitrum will face a significant reduction in account value, including users who borrowed against ETH as collateral. The account value of other users will not be affected. Notional V3 will cease operations on the Mainnet and Arbitrum. Due to the scale of bad debt, Notional V3 cannot continue normal operations. Detailed user withdrawal plans will be announced as soon as possible. Users holding cross-coin lending positions on the Notional platform will be automatically migrated to the Aave platform. Due to the gradual shutdown of Notional V3, it will not be possible to accurately display liquidation risks to users or allow users to manage their own positions.

BAL-4.58%
ETH-4.19%
ARB-2.1%
AURASOL-6.47%
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