Key Points:
The 3 Pendle pools, including ETHx-bbaWETH, swETH-bbaWETH, and swETH-bbaWETH (old) and others, will not be affected. Funds in the affected pools are safe, but the swaps in the Base Balance pool have been disabled. This means there will be no additional fees or benefits. However, owners are still advised to withdraw to the base LP assets as recommended by Balancer.
As per previous information, Balancer Labs has received reports of a critical vulnerability affecting several teams. The vulnerability report prompted immediate emergency measures. The most money on Balancer is safe. Only 1.4% of total TVLs are at risk, and only enhanced groups are affected. Some groups are paused to reduce risk.
Emergency SubDAO has initialized proportional exit options for all affected pods in response to this situation. Additionally, groups that are still on hiatus have been temporarily suspended as a precautionary measure.
Balancer has provided a personalized page on the user interface to determine if a connected wallet is an LP in any affected pool and a streamlined process to guide you through withdrawals.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Solana DEX trading volume reached historic highs, exceeding $5 billion daily for three days. Raydium…
Phantom iOS users are warned that a recent app update caused some users to log…
Japanese crypto exchange Coincheck is set to become the first Japanese crypto exchange to list…
The US DOJ investigates Polymarket for Alleged Illegal US User Bets Polymarket, for allegedly permitting…
Ethereum’s ICO was priced at around $0.30 per token, and today, it’s valued in the…
If you’ve been regretting missing out on Cardano, Qubetics ($TICS) might just be the ticket…
This website uses cookies.