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Update on the @Stable Pre-Deposit Vault — Phase 2:
We’ve seen exceptionally high traffic during Phase 2, which maxed out RPC capacity on the Hourglass interface with 4 RPCs handling over 80k calls per second.
Deposits into the Hourglass institutional vault are paused due to exceptionally high demand. All user deposits remain secure.
We understand that this caused a poor depositing experience for many participants, and we sincerely apologize for the frustration.
Updates on next steps will made be available soon.
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