SummaryOn June 12, 2023, Sturdy Finance was hacked on Ethereum Mainnet. The hackers were able to exploit a vulnerability in the protocol’s borrowing pool, which allowed them to steal around $800K worth of ETH.About ProjectSturdy Finance is a decentralized finance (DeFi) protocol that allows users to borrow and lend assets without paying interest. Instead of charging borrowers interest, Sturdy stakes their collateral and passes the yield to lenders. This model changes the relationship between ...