PHP’s fixes are scheduled for 10 a.m. ET; security advisories urge operators to restrict exposed services and prepare to patch immediately.
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The provider is paying users from its own bitcoin wallet while Liquid federation reserves still cover about 85.8% of outstanding L-BTC.
The final plan retains CAKE buybacks from non-stablecoin protocol fees and phases a roughly 69% cut in effective daily emissions.
PHP plans to publish patches at 10 a.m. ET on Oct. 21, with affected versions and technical details due alongside the release.
Ethereum accounted for $121.5 million of trading, while the protocol's locked value rose only modestly during the day.
The network’s validators approved a recovery plan and opened claims until May 1, 2027.
HSP-029 would lower issuance over 24 months after a 90-day grace period, but validators must separately adopt a network upgrade.
