Chainflip will set affected liquidity providers’ active TRON $USDT balances to zero under a restart plan responding to the 736,442.17 $USDT exploit it disclosed on Sept. 12. The cross-chain swap protocol will first record each provider’s pre-migration balance separately on-chain, preserving the amount Chainflip says it owes even though the active account will read zero. ...
Balancer DAO Proposes Orderly Winddown as Monthly Costs Outpace Revenue A Balancer Treasury Council member has submitted a proposal for an orderly winddown of the protocol, subject to a governance vote by BAL holders. The plan would halt new development, reduce operations to a limited withdrawal service, and eventually distribute the remaining treasury assets to ...
Uniswap Labs Launches StablePair Hook for Dynamic Fee Stablecoin Trading Uniswap Labs has deployed StablePair Hook on September 10, introducing a dynamic-fee mechanism for stablecoin pairs on Uniswap v4. The launch activates two initial pools on Ethereum mainnet: USDC/USDG and USDC/USDT. Targeting High-Volume Stablecoin Swaps The release addresses one of decentralized finance’s most active segments. ...