If it’s not already the case, remember that you can subscribe to this Newsletter, so you won’t miss it ! Subscribe below 👇

This edition is pretty big. So you may need some time for all tweets to load properly

Last few days were very dark for Curve. But before starting, it’s important to understand what happened and what are the real issues. We have seen a lot of things around, and a lot of FUD for things that were not relevant.

This also not about Curve, it’s about a specific version of Vyper

The FUD about Curve is disproportionated

If you want to learn more about it, especially on the “technical side” you should read the postmortem published by the Llama risk team

Even if everything seems to be under control now, Curve lost around 50% of it TVL. This TVL may come back quickly. Let’s see

Let’s be honest, Curve is a central part of DeFi. And even if some people may be happy to see a big dump on the $CRV. Or even wish the end of Curve, this would have been a terrible new for the DeFi we are currently enjoying.

As usual, it was amazing to see how devs worked together to mitigate the exploit ASAP. Devs from Curve but also from other projects.

A nice summary about the situation

Micheal also sold a lot of his $CRV to safe his positions

But he also created a brand-new pool to help in this situation

It’s amazing to see that there are still some nice people in the ecosystem
ETH from second hack on the $CRV / $ETH pool sent back to Curve deployer

A dashboard was also created to track the exploiter

With this bad news, you all noticed that the price of $CRV dump, but it’s also the case for CRV wrappers. But the rebound is currently very nice.

Some people and projects see it as a food opportunity to buy the dip

Let’s hope this will still be the case

Follow this chad and do the same !

crvUSD stayed strong !

Also sharing this one because I found it very true !

Strong together

Nice thread

Nice read

If you understand thermodynamic

If it’s not already the case, remember that you can subscribe to this Newsletter, so you won’t miss it ! Subscribe below 👇

This edition is pretty big. So you may need some time for all tweets to load properly

Last few days were very dark for Curve. But before starting, it’s important to understand what happened and what are the real issues. We have seen a lot of things around, and a lot of FUD for things that were not relevant.

This also not about Curve, it’s about a specific version of Vyper

The FUD about Curve is disproportionated

If you want to learn more about it, especially on the “technical side” you should read the postmortem published by the Llama risk team

Even if everything seems to be under control now, Curve lost around 50% of it TVL. This TVL may come back quickly. Let’s see

Let’s be honest, Curve is a central part of DeFi. And even if some people may be happy to see a big dump on the $CRV. Or even wish the end of Curve, this would have been a terrible new for the DeFi we are currently enjoying.

As usual, it was amazing to see how devs worked together to mitigate the exploit ASAP. Devs from Curve but also from other projects.

A nice summary about the situation

Micheal also sold a lot of his $CRV to safe his positions

But he also created a brand-new pool to help in this situation

It’s amazing to see that there are still some nice people in the ecosystem
ETH from second hack on the $CRV / $ETH pool sent back to Curve deployer

A dashboard was also created to track the exploiter

With this bad news, you all noticed that the price of $CRV dump, but it’s also the case for CRV wrappers. But the rebound is currently very nice.

Some people and projects see it as a food opportunity to buy the dip

Let’s hope this will still be the case

Follow this chad and do the same !

crvUSD stayed strong !

Also sharing this one because I found it very true !

Strong together

Nice thread

Nice read

If you understand thermodynamic