Stake DAO
9.7K posts

Stake DAO
@StakeDAOHQ
Yield + Rewards Power from lockable tokens: Strategies: https://t.co/IoVHPjG7Kk Meta-gov: https://t.co/CW2XW84fQ9 $SDT + $veSDT TheHerd: 🐘🦙🦍🐸

We are aware of the ongoing situation. Please do not interact with vsdCRV.


Update on yesterday's incident: preliminary investigation indicates an unauthorised party (attacker) minted vsdCRV on Arbitrum. Contributors quickly secured the vsdCRV backing on mainnet (no funds seizable by the attacker) and closed the vsdCRV bridge, containing the impact to Arbitrum. Based on our current assessment, Boosted yields, Liquid Lockers, Votemarket & Stake DAO lending on Morpho are unaffected. Arbitrum asdCRV Llamalend market is being sunset; crvUSD depositors can move their funds to other Llamalend markets. Law enforcement is ongoing, and security partners are involved. More to follow.





We are aware of the ongoing situation. Please do not interact with vsdCRV.

🚨 Blockaid detected an ongoing exploit targeting @StakeDAOHQ on Arbitrum. The attacker just minted over 5.4 trillion vsdCRV and is actively swapping it for ETH. More details in 🧵










