Today in DeFi

Today in DeFi

Today in DeFi - Ankr aBNB Exploit, Fantom Gas Monetization, Explore Delta Neutral Strategies, and More...

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π•―π–†π–“π–Œπ–Šπ–—
Dec 02, 2022
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Ankr aBNBc Exploit

X avatar for @BowTiedPickle
BowTiedPickle.eth | Solidity Shipper@BowTiedPickle
Deployer key compromised or inside job, it deployed an attack contract, changed the upgradeable aBNBc contract to the malicious implementation, then called the 0x3b3a5522 function to mint 10,000,000,000 tokens to his wallet.
1:49 AM Β· Dec 2, 2022

14 Reposts Β· 56 Likes

BnB chain node operator Ankr suffered a governance key compromise. The attacker d deployed a malicious contract to mint a very large amount of aBNBc, Ankr’s reward-bearing staked BNB token, and profited ~$7m by dumping what he minted.

Fantom Gas Monetization

X avatar for @FantomFDN
Fantom Foundation@FantomFDN
πŸ“’ New governance proposal: dApp Gas Monetization Program This gas monetization program will seek to reward high-quality dApps, retain talented creators, and support #Fantom’s network infrastructure. Read the full detailsπŸ‘‡ fantom.foundation/blog/dapp-gas-…
1:59 PM Β· Dec 1, 2022

237 Reposts Β· 812 Likes

Fantom governance proposed a gas monetization program to reduce gas fees burned from 20% to 5% and allocate the 15% to talented builders and to support Fantom’s network infrastructure.

Maker DSR Increment

X avatar for @MakerDAO
Maker@MakerDAO
The decision is final. The Dai Savings Rate (DSR) will be increased to 1.00%! This winning option is the result of a Governance Poll where Maker Governance voted to raise or leave unchanged this fundamental element of the Maker Protocol. πŸ—³ vote.makerdao.com/polling/QmV3oN…
4:15 PM Β· Dec 1, 2022

19 Reposts Β· 59 Likes

Maker governance has finalized the poll to increase DSR from 0.01% to 1%. Maker’s investments are across a few TradFi strategies including Coinbase Institutional Rewards, Monetalis Clydesdale, and Gemini GUSD partnership.

Polygon partners with The Graph, Flipkart

X avatar for @0xPolygon
Polygon - MATIC πŸ’œ@0xPolygon
DRUM ROLL PLEASE…πŸ₯πŸ₯ We are excited to announce that the @graphprotocol is adding support for #Polygon on The Graph Network 🀩 Soon, users will be able to rely on FULLY decentralized APIs to power πŸ‘πŸΎ their πŸ‘πŸΎ dApps πŸ‘πŸΎ 🌐: polygon.technology/blog/polygon-i…
11:30 AM Β· Dec 1, 2022

282 Reposts Β· 1.13K Likes

Polygon is being supported by indexing and query protocol The Graph, devs will be able to utilize The Graph APIs to build dApps on Polygon.
Polygon also partners with Flipkart to focus on research and development for e-commerce in Web3 and the metaverse.

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