This past weekend the CreatorDAO treasury was targeted by a malicious proposal that was not picked up by our UI. The bad actor had accumulated enough $CREATOR to pass two proposals draining the remaining $ETH and $CREATOR from the treasury. The remaining LP has been removed to prevent any dumping of the stolen $CREATOR. Given that this was not a true hack, but a governance hack, we are not hopeful of reclaiming the funds. Still, we are in communication with CEX's that had wallets involved to see if there is anything that can be done.
This hurts. We are figuring out how to proceed and what the future holds.
Been working behind the scenes on a bunch of stuff...
Things have changed but vision is still the same: help creators grow their businesses.
More details coming soon :)
Blending a brand new iPhone 17.
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Pattern of virality #5: putting two things together that don’t belong
Go viral by taking something everyone’s seen... and flipping it.
People don’t share what’s familiar, they share what feels new.
Pattern of virality #4: adding a twist to a general topic
Go viral by talking about poop, sex, genitals, hot takes, etc.
People love to share what feels a little dangerous to say out loud.
Pattern of virality #2: incorporating taboo subjects.
Yesterday around 2pm CT, one of the CreatorDAO wallets holding a portion of our liquidity pool (LP) funds was compromised through a phishing attack.
While attempting to access CowSwap, we failed to verify the URL and connected the wallet to a malicious site. No transactions were knowingly approved beyond the wallet connection, but that alone was enough to exploit the wallet and drain the LP position.
All subsequent transactions were rejected, but the damage had already been done. Approximately $52,630 was taken from the LP - around $26,315 in WETH and $26,315 in $CREATOR, with the $CREATOR tokens immediately sold.
As a precaution, our liquidity was split across two separate wallets specifically to mitigate situations like this. Because of that structure, the second wallet remains secure and there is still approximately $61,000 in liquidity currently in the pool.
Yesterday was meant to be a positive milestone as we prepared to announce our liquidity migration to Hydrex. Instead, we’re sharing this unfortunate update. While the compromised funds cannot be recovered, we are actively evaluating next steps, including adding additional liquidity to stabilize and support the pool. We’ll continue to keep everyone updated as we move forward.
$500 to 30+ winners in our game of Pictionary. Free to play.
Going live with @rachelcreates at 12:15pm PDT! Don't be late!
How to play:
1⃣ Comment Base app EVM + something you are grateful for in your life
2⃣ Get "CreatorDAO Games" on Base app
3⃣ Game starts at 12:15pm PDT
@shes_joan@rachelcreates we draw photos, players guess the answer! first one to guess wins half of that round's prize pool, next 4-5 people to guess splits the other half.
$500 on the line. Pictionary w/ @rachelcreates. Multiple winners per round.
Tomorrow LIVE at 12:15pm PDT. Mark your calendars!
Get "CreatorDAO Games" on Base app to play for free and win cash prizes 🤑
Winners holding at least 2,000 $CREATOR will get bonuses.
$500 game of Punchline Party. Free to play.
Going live with Bill (@latenightonbase) at 12:15pm PDT!
Heres how to join:
1⃣ Comment w/ one sentence that perfectly describes your life right now + base app EVM
2⃣ @ mention a friend
3⃣ Get "Creator DAO Games" on Base app
$500 on the line again.
Same game. New rules. More winners.
Special guest: @themattfarrow from @HydrexFi
How to play:
1⃣ Follow + ♥️ + RT
2⃣ Comment Base app EVM + fun fact about you
3⃣ Get "CreatorDAO Games" on Base app
Play w/ us tomorrow (3/19) LIVE at 12:15pm PDT!
Thanks for playing, and congrats to the winners!
@themattfarrow will be giving away his winnings to random winners!
To enter:
1⃣ Write a NEW post with 1 sentence telling us about the happiest moment in your life
2⃣ Mention @HydrexFi and @joincreatordao
3⃣ Include EVM address
$500 game of Pictionary starts at 12:15pm PDT today!
There will be MULTIPLE WINNERS every single round today.
Winners holding at least 1,000 $CREATOR get bonus $$.
See original post for instructions on how to play for free 💰
$500 on the line again.
Same game. New rules. More winners.
Special guest: @themattfarrow from @HydrexFi
How to play:
1⃣ Follow + ♥️ + RT
2⃣ Comment Base app EVM + fun fact about you
3⃣ Get "CreatorDAO Games" on Base app
Play w/ us tomorrow (3/19) LIVE at 12:15pm PDT!