penta

ex quant, ETH dev, economist at heart.

[penta @ptritones]

@TronTest2 TTF61YdLC8yJAurveGvArtKGgPzDxJW1P1

[penta @ptritones]

I'll update on this when there is more infomation on what happened.

[penta @ptritones]

Alchemix has selfrugged 5000 ETH because of multisig error.

TLDR: In an attempt to rescue 5000 ETH and 8000 alETH from the bugged vyper curve pool, Alchemix DAO executed transactions in the wrong order and allowed 5000 ETH to be stolen.
@CurveFinance @AlchemixFi $alETH
1/8
🧵

[penta @ptritones]

8/
To be precise, this was totally preventable becuase they KNEW about the exploit and still managed to allow the rug. Really not a great look for @AlchemixFi and they need to explain themselves about what happened.

[penta @ptritones]

@safe guys please fix wallet connected

[penta @ptritones]

@hsinju @DystopiaLabs @AvgApp hey, I helped build something similar to what you are doing with DCA, where you can do DCA with interest bearing assets on both sides, for example:

interest bearing USD asset earning x% yield --> interest bearing ETH asset earning y% yield.

might be interesting to chat