YO released a recap of the yoUSD incident: The automatic exchange operation caused a $3.7 million shortfall, which has been fully covered by the vault.

DeFi protocol YO released a recap of the yoUSD incident, stating that the yoUSD vault has fully resumed operation and funds are safe. The incident stemmed from an unfavorable automatic exchange operation, resulting in a $3.7 million funding gap, which has been fully filled by YO's vault. User balances were unaffected, and the protocol's solvency was also unaffected.