RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14.

On Aug. 14, a hacker stole approximately 471 ETH and bridged it from Base to Ethereum, according to blockchain security firm PeckShield.

The exploiter then created the 90 trillion “LoveRCKT” tokens and transferred them over to Uniswap along with 400 ETH, it explained.

The news was confirmed by RocketSwap Labs on Aug. 14 at 11:06 UTC, with PeckShield and fellow blockchain security firm CertiK providing additional details about the exploit a few hours later.

RocketSwap is a decentralized exchange on Base, with plans to gradually become community-owned through a decentralized autonomous organization.

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“A brute force hack of the server was detected, and due to the proxy contract used for the farm contract, there were multiple high-risk permissions that led to the transfer of the farm's assets. We shut down the farm to prevent further damage.”

https://cointelegraph.com/news/base-dex-rocketswap-announces-emergency-plan-after-exploit