FeiRari Vulnerability Post-Mortem
This Saturday, April 30th at ~9:30 EDT (1:30 UTC), Rari Capital suffered a re-entrancy attack which left their pools insolvent to the tune of roughly ~$80 million. This attack included the FEI market that we’ve integrated here at Swivel — FeiRari Pool 8.TL;DR:As of now, May 2nd, ~90% of our user’s funds have been recovered, and ~198,000 FEI remain. With the FeiRari community call happening tomorrow at 8:00 PM ET (0:00 UTC), the Swivel DAO is initiating recovery SIP (#006) preemptively at 12:0...
FeiRari Vulnerability Post-Mortem
This Saturday, April 30th at ~9:30 EDT (1:30 UTC), Rari Capital suffered a re-entrancy attack which left their pools insolvent to the tune of roughly ~$80 million. This attack included the FEI market that we’ve integrated here at Swivel — FeiRari Pool 8.TL;DR:As of now, May 2nd, ~90% of our user’s funds have been recovered, and ~198,000 FEI remain. With the FeiRari community call happening tomorrow at 8:00 PM ET (0:00 UTC), the Swivel DAO is initiating recovery SIP (#006) preemptively at 12:0...
Swivel x FeiRari Market Launch
Announcing The Launch Of Swivel’s FEI Market On Rari’s FeiRari Pool (Pool 8) As of today, March 24th, our first Swivel market has now matured! And alongside the maturation of our first market, we’re pumped to offer a new, higher yielding alternative with our FeiRari integration! 🏎️🏎️🏎️Our first FeiRari market is now live! Lend your FEI on our exchange, and stop on by our community with any questions!Integrating FeiRariAt Swivel, we believe markets should be open, and risks should be yours ...
Swivel x FeiRari Market Launch
Announcing The Launch Of Swivel’s FEI Market On Rari’s FeiRari Pool (Pool 8) As of today, March 24th, our first Swivel market has now matured! And alongside the maturation of our first market, we’re pumped to offer a new, higher yielding alternative with our FeiRari integration! 🏎️🏎️🏎️Our first FeiRari market is now live! Lend your FEI on our exchange, and stop on by our community with any questions!Integrating FeiRariAt Swivel, we believe markets should be open, and risks should be yours ...
Swivel x FeiRari Market Launch
Announcing The Launch Of Swivel’s FEI Market On Rari’s FeiRari Pool (Pool 8) As of today, March 24th, our first Swivel market has now matured! And alongside the maturation of our first market, we’re pumped to offer a new, higher yielding alternative with our FeiRari integration! 🏎️🏎️🏎️Our first FeiRari market is now live! Lend your FEI on our exchange, and stop on by our community with any questions!Integrating FeiRariAt Swivel, we believe markets should be open, and risks should be yours ...
Swivel x FeiRari Market Launch
Announcing The Launch Of Swivel’s FEI Market On Rari’s FeiRari Pool (Pool 8) As of today, March 24th, our first Swivel market has now matured! And alongside the maturation of our first market, we’re pumped to offer a new, higher yielding alternative with our FeiRari integration! 🏎️🏎️🏎️Our first FeiRari market is now live! Lend your FEI on our exchange, and stop on by our community with any questions!Integrating FeiRariAt Swivel, we believe markets should be open, and risks should be yours ...
Mainnet Launch & Liquidity Incentives
We’re now LIVE: https://mainnet.swivel.exchange As announced earlier this week, the restrictions on our guarded mainnet will be lifted today at ~8:00 PM UTC!The moment we’ve all been waiting for is here! With nearly two years since Swivel’s initial origin as our founder’s first project at ETHDenver2020, and a year since we first established a community and began true development, we are proud to say, “The most capital efficient yield-trading market in web3–Swivel’s mainnet–is now open to the ...
Mainnet Launch & Liquidity Incentives
We’re now LIVE: https://mainnet.swivel.exchange As announced earlier this week, the restrictions on our guarded mainnet will be lifted today at ~8:00 PM UTC!The moment we’ve all been waiting for is here! With nearly two years since Swivel’s initial origin as our founder’s first project at ETHDenver2020, and a year since we first established a community and began true development, we are proud to say, “The most capital efficient yield-trading market in web3–Swivel’s mainnet–is now open to the ...
Swivel’s Open Mainnet & Retroactive Airdrop
The growth of money-markets like Compound, Aave & Yearn as well as newer entrants Rari and Euler has led to a new yield landscape that provides access to increasingly interesting and complex yield strategies. ETH & stablecoin lenders will soon be able to earn significant (25%+) yield across simultaneous lending/staking/underwriting, however the volatility of these yields will be significant. We officially launched our Guarded Mainnet on December 23rd as the most capital efficient solution to ...
Swivel’s Open Mainnet & Retroactive Airdrop
The growth of money-markets like Compound, Aave & Yearn as well as newer entrants Rari and Euler has led to a new yield landscape that provides access to increasingly interesting and complex yield strategies. ETH & stablecoin lenders will soon be able to earn significant (25%+) yield across simultaneous lending/staking/underwriting, however the volatility of these yields will be significant. We officially launched our Guarded Mainnet on December 23rd as the most capital efficient solution to ...
