3.4V is ok for the lipo what happened is near the end of the lipo they drop very quickly at the start it slowly drops near the end it drops like a stone. Once the voltage gets low enough it has problems and glitchs like that what happened was the lipo was just to low to fly.
I run an FPV setup and I can see my voltage with an OSD over top of the video. By doing that I can watch my voltages it goes from full to half slowly but after that it speeds up and drops allot faster so you don't want to run on a low lipo. What happens with the second level of protection is it throttles down meaning you have to do 70-90 percent to keep it going. I disabled that on mine but I have a lipo alarm hardwired in so I have to plug the balance lead in to start mine as I have things powered off it as well and with out it I have no FPV transmiter or gimbal.
I run an FPV setup and I can see my voltage with an OSD over top of the video. By doing that I can watch my voltages it goes from full to half slowly but after that it speeds up and drops allot faster so you don't want to run on a low lipo. What happens with the second level of protection is it throttles down meaning you have to do 70-90 percent to keep it going. I disabled that on mine but I have a lipo alarm hardwired in so I have to plug the balance lead in to start mine as I have things powered off it as well and with out it I have no FPV transmiter or gimbal.