Rewards Hub Loopscale, a Solana-based lending protocol, announced that its SOL Genesis vault may have indirect exposure to Drift through Project0 borrowers. Approximately $170,000 in deposits were allocated to MarginFi, with a small portion potentially affected. Loopscale assured users that any losses will be fully compensated. Meanwhile, deposits and withdrawals for the SOL Genesis, JitoSOL ONE, and wETH ONE vaults are temporarily disabled, pending the resumption of normal operations at MarginFi.
Loopscale's SOL Genesis Vault Faces Indirect Exposure to Drift
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