Yala has successfully restored liquidity for its $YU token following the attack on September 14. Unauthorized $YU tokens have been burned, and the token has returned to its peg, allowing users to exchange $YU 1:1 for USDC. The cross-chain Bridge is operational again, and Kamino incentives are now active. Additional incentives from Euler and Pendle, along with bribes, are expected to launch within the next two days.
Yala has also introduced the 'Double Berries' loyalty program, which will run until December 8. Users affected by delayed cross-chain transfers can apply for compensation, with reviews and payouts anticipated within 1–4 weeks. The company has upgraded its security mechanisms to enhance stability.
Yala Restores $YU Liquidity, Launches New Incentive Programs
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