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A comment on Wormhole confirms all $320M in funds have been restored. Parent comment

Re:Wormhole confirms all $320M in funds have been restored by ffggvv on Thursday February 03, 2022 @03:27PM (#30198319)
so can you use this as a loophole to print inordinate amounts of solana? confused how they inflated the supply
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Re:Wormhole confirms all $320M in funds have been restored by lxgr on Thursday February 03, 2022 @03:50PM (#30198623)
They apparently just supplied the backing assets without receiving anything in exchange, presumably to preserve trust in the larger ecosystem/chain. Pretty interesting precedent!
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Re:Wormhole confirms all $320M in funds have been restored by ww520 on Thursday February 03, 2022 @03:29PM (#30198346)
Sure. Ever wonder how Tether work? Ha.
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Re:Wormhole confirms all $320M in funds have been restored by SilasX on Thursday February 03, 2022 @03:38PM (#30198473)
Or central banks, for that matter? They print new money, and use it to buy and hold financial assets (usually government bonds). New money was added to the system, other assets were taken out.
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