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We are very excited about the start of the Barn Raise tomorrow. In anticipation of reembarking on our collective journey between Scylla and Charybdis, we decided to write down some of our thoughts. You can read them here: https://t.co/Pp8513t2Vw
Recreating state data for Beanstalk pre-exploit was made a lot easier via @InsightsFlow!
was looking for a product like this. so clear to me that lowest level EVM (and other chain) storage will be abstracted away for builders, developers, and data scientists
@Hacxyk@RariCapital@spreekaway Hi there! The @RariCapital team only deploys audited code. While Quantstamp did many audits for us, the commit in question was audited by Omniscia as you can see here
Beanstalk Farms presents The Path Forward
Announcing the Barn Raise: a 10-day public fundraiser starting on 5/2 at Noon ET to restore Beanstalk’s liquidity and resume the protocol.
https://t.co/tlZBilWAJ4
the core governance mechanism that was exploited was within the scope of the audit and was in the code that was audited. there is unaudited code that is tangentially related but the core of the issue was not introduced in unaudited improvements.
this is a lie.
>comes back from cabin trip
>having great time with the boys
>super stoked to build this soil bot
>gonna make lots of money
>mfw the biggest black swan of my life happens
Bean Tracking Chrome extension back online! If you haven't downloaded yet: https://t.co/rU5Sv5PYnc
Near future: extension will track all three pools prices/liquidity
open to feedback as to other metrics to show when extension is clicked!
@unbanksyETH Great write up! one thing, liquidity is actually ~$97M. That analytics chart is only for BEAN:ETH, but 3CRV:BEAN and LUSD:BEAN also have significant liquidity :)
The Pod Rate is now more than 100% less than at its peak of ~1585% on March 8th. The Weather is now more than 500% less than its peak of 7162% on March 10th. Beanstalk is deleveraging.