Nov 3 exploit post-mortem is here.
Sophisticated exploit, but an absolute masterclass in DeFi resilience. Whitehats (@_SEAL_Org , @stakewise_io , @BitFinding + ecosystem heroes) reacted in minutes and saved ~$45.7M of user funds.
V3 completely unaffected - already battle-tested and running strong.
https://t.co/gBzP8RBUdV
Let's talk about the first hook in @Balancer v3.
StableSurge helps maintain the peg in LRT and pegged tokens. When token weights in a pool go outside of set thresholds, the hook applies a directional fee to restore balance and benefit LPs. π§΅
Want to understand how the 80/20 liquidity pool model changes the game for DAO governance?
Discover how it balances governance and liquidity while minimising risk for LPs.
Check out our latest article here: https://t.co/2nVSHSsQyy
#DeFi#crypto#DAO#governance
Want to understand your true LP costs?
In our latest post, we break down LVR (Loss Versus Rebalancing) and why it matters to AMM liquidity providers.
https://t.co/FsvZxHFTrT
#DeFi#crypto#trading
π Part 2 of our @Balancer Hookathon series is now live!
It's all about the code and technical details behind LoyaltyHook, our tokenized loyalty system for @Balancer pools.
Dive in and get our insights on implementation, deployment and testing.
π Part 2 of my @Balancer Hookathon write-up is live!
Check out LoyaltyHook, a tokenized loyalty system that rewards users for interacting with Balancer pools by incentivizing actions like swapping and adding liquidity.
Read more here: https://t.co/CQUQCvSrDj
#DeFi
Part 2: We'll introduce LoyaltyHook - our tokenized loyalty mechanism that rewards users with loyalty tokens when they interact with a pool, such as adding liquidity or executing swaps. These tokens act as incentives and unlock benefits such as reduced swap and exit fees.
π We've built a Balancer hook to increase user engagement within #DeFi pools! In our new two-part series, we dive deep into the world of Balancer hooks. π§΅π
#digitalassets#crypto#smartcontracts
Part 1: We explore what hooks are in the context of @Balancer, discuss their architecture, and highlight the incredible possibilities they open up for developers. Hooks are powerful tools for extending and customizing smart contracts.
Read part 1 here: https://t.co/L7XGPSjhIr
Excited to announce that I've been selected for the October cohort of the @Uniswap Hook Incubator! π
Looking forward to diving into DeFi innovation and expanding our expertise in this space. Thank you @atriumacademy and @UniswapFND for this amazing opportunity!
5/ Could Hooks be the key to mainstream AMM adoption? With giants like Uniswap and Balancer leading the way, it's looking promising! π€
Want to dive deeper into AMM Hooks? Check the latest blog post.
https://t.co/u1HtTfiL7z
4/ Why is this a big deal? Hooks could bridge the gap between TradFi and DeFi, making AMMs accessible to a whole new crowd! π
Imagine Uniswap and Balancer with TradFi-like features, but fully on-chain. That's the power of Hooks! π₯
π§ͺ Diving into EVM #smartcontracts testing tools.
π§΅ Our team's been exploring different tools and methods. Here's what we've learned so far.
#Ethereum#Web3
π§ Foundry
We recently experimented with Foundry for a DeFi project, and we're impressed!
Standout features:
- Fast compilation and testing
- Anvil for local blockchain simulation
- Built-in fuzz testing
Kudos to @PatrickAlphaC and @CyfrinUpdraft for their fantastic resources!
6/ This tool remains crucial as a token's economic health indicator. Rapid asset movement into AMM reserves often signals major sell-offs, prompting closer investigation.