decentralix

[decentralix @decentralix]

@SonicLabs 2:0 Mexico

[The Block @TheBlockCo]

🔔 CryptoIQ Finals ROUND 1 🔔

Matchup 2: @fbsloXBT vs. @decentralix

One reminder: $2,500 USDC goes to whoever proves they’re the smartest in the room 👀

Feeling lucky? 🎰

Live at 11AM EST: https://t.co/NO9uLyFavX

[Marcus | Balancer @Marcus_Balancer]

Today has been incredibly difficult for us at Balancer. We experienced an exploit on Balancer V2 composable stable pools.

I want to be clear that this is isolated to these specific pools. The rest of Balancer, including V3, remains unaffected.

At Balancer, security has always been our top priority. We have undergone extensive audits with multiple leading firms and maintain significant bug bounty programs for a long time. Despite these efforts, this exploit occurred, and we take this situation very seriously.

We are working closely with our legal and operations teams to investigate thoroughly and pursue every possible avenue for recovery. I am deeply grateful for the support and collaboration we have received from our partners and the broader DeFi community, this truly reflects the strength of our ecosystem.

We are fully committed to investigating this, sharing what we learn with the community, and doing everything possible to address the situation.

[Balancer @Balancer]

Today, around 7:48 AM UTC, an exploit affected Balancer V2 Composable Stable Pools.

Our team is working with leading security researchers to understand the issue and will share additional findings and a full post-mortem as soon as possible.

Because these pools have been live onchain for several years, many were outside the pause window. Any pools that could be paused have been paused and are now in recovery mode.

All other Balancer pools are unaffected. This issue is isolated to V2 Composable Stable Pools and does not impact Balancer V3 or other Balancer pools.

Balancer is committed to operational security, has undergone extensive auditing by top firms, and had bug bounties running for a long time to incentivize independent auditors. We are working closely with our security and legal teams to ensure user safety and are conducting a swift & thorough investigation. We’re grateful to our partners and the broader DeFi community for their support.

Security notice: Fraudulent messages claiming to be from the Balancer Security Team are circulating. These are not from us. Do not interact with unsolicited communications or click unknown links.

Official updates will be posted only via:
- This official Balancer account on X (Twitter)
- Our official Discord server

Be careful with communications from other sources, they can be fraudulent.

We will provide a comprehensive update with more details as our investigation progresses.

The Balancer Team.

[Beets @beets_fi]

We’re aware of an exploit impacting Balancer v2 pools on Beets.

Engineering and security teams are investigating with high priority.

Please avoid depositing or interacting with v2 pools until further notice.

We’ll share verified updates as soon as we have more information.

[decentralix @decentralix]

Discovered my Gas ID via ETHGas - turning my gas spend into rewards 🫘

As a Legendary Jack, I've spent 7.1692 ETH on gas but earned 4000 Beans back.

Get your Gas ID and Beans here: https://t.co/9KSi4ERFr8

[EVE Frontier @EVE_Frontier]

Discover both riches and danger in abundance.

Watch our new Discover trailer now: https://t.co/QD8SVX0gpY

[naly @defi_naly]

.@flyingtulip_, built by @AndreCronjeTech, is the most ambitious attempt yet to merge all of DeFi’s core primitives into one self-sustaining, token-driven system.

Public sale is still to come. Find out what you need to know in the thread below👇

[decentralix @decentralix]

In case you missed the @beets_fi keynote at Sonic Summit, here‘s a summary of it:

[Beets @beets_fi]

1/ Trillions of capital is coming onchain, and Sonic is ready:

• U.S. institutional arm
• Infra for global payment rails
• New CEO focused on bridging capital markets

What’s missing? Scalable $S yield and real-time financial infrastructure.

Beets is building both. 🧵

[Beets @beets_fi]

Staking it up a notch!
IYKYK.

$loopS

[Beets @beets_fi]

Dropping the alpha on @SonicLabs.

[Beets @beets_fi]

Summit Loading...
@SonicLabs next chapter starts now!

[Sonic @SonicLabs]

Keynote | The Yield Layer for Sonic's Trillion-Dollar Economy

📅 Tue, Sep 30
⏰ 12:06 – 12:26

Featuring:
– @decentralix (Music Director, Beets)

[Beets @beets_fi]

Don't miss beets at Sonic Summit.

We'll be dropping some news you don't want to miss. 👀

[EVE Frontier @EVE_Frontier]

Life is a given. Survival must be earned.

Watch our new Survival trailer now: https://t.co/5sGlfSAWht

[decentralix @decentralix]

@TheBlock__ @lawmaster look mom I made it to B-tier

[decentralix @decentralix]

Well well well

[EVE Frontier @EVE_Frontier]

The Stillness stirs. The New Era is upon us.

Watch our vision trailer, "The Ancient Dark", below.

Carve your own path through the vast Frontier - join Founder Access at https://t.co/yYMuim6gpK

[decentralix @decentralix]

@EVE_Frontier 🔥

[naly @defi_naly]

Aight aight, my bad. Let me explain this so everyone understands.

Let’s start from the top.

Why hold $S when your $S could earn yield?

People want their $S to work, and right now, $stS is the simplest way to do that.

It pays 4.13% just by holding it. No complex smart contracts, no additional exposure, just native $S yield.

But what if 4.13% ain’t cutting it?

You’ve got two typical paths:

1) Pair $stS with another token in an LP (and take on LP risk + impermanent loss).
2) Chase juiced yields from new, unproven protocols inflated by emissions.

Not ideal. Especially for capital allocators managing $100M+, they want something efficient, scalable, and clean.

Enter @aave. The most battle-tested protocol in DeFi.

With $stS listed, it unlocks a way to optimise your $S yield with a trusted, low-risk foundation.

Here’s the basic play,

> Supply $stS as collateral on Aave
> Borrow against it.

Cool, but how does that increase your $stS yield?

Looping.

Looping = leveraging exposure to a specific asset.
Let’s walk through a simple example most degens know, a classic long position.

> supply $S on Aave
> borrow $USDC
> swap $USDC back to $S
> supply that $S again
> repeat

You’re now leveraged long on $S, your exposure increases with each loop. If $S goes up, your gains are amplified.

But with Liquid Staking Tokens (LSTs) like $stS, the looping strategy doesn't leverage price exposure; it leverages yield exposure.

Here’s how,

> supply $stS
> borrow $S
> swap $S to $stS
> supply more $stS
> repeat

Now remember, you’re borrowing against an asset that’s already earning 4.13% yield.

Unlike the $S/$USDC loop, this isn’t about catching a price swing. Because $stS tracks the price of $S + yield, you’re stacking exposure to yield while neutral on price.

Let’s say you have $10,000 in $stS, that’s $413/year in yield. Loop it to 10x exposure, you’re now earning $4,130/year.

So… is it free money?

Not exactly.

Your loop is only profitable if the borrow rate on $S is less than the yield on $stS. Right now, that means borrowing has to cost you less than 4.13%.

This proposal?

It optimizes the $stS Aave market to make that loop easier and more efficient.

> tuning parameters to reduce friction
> Incentivising with $wS rewards
> recycling $stS collector revenue back into the loop

TLDR: It aims to make that loop profitable for the next 6 months to offer the best return on $S yield generation with no exposure besides $stS, $S and @aave.