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

Twitter 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.
Image
1:49 AM βˆ™ Dec 2, 2022
56Likes14Retweets

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

Twitter 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 βˆ™ Dec 1, 2022
812Likes237Retweets

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

Twitter 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…
Image
4:15 PM βˆ™ Dec 1, 2022
59Likes19Retweets

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

Twitter 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…
Image
11:30 AM βˆ™ Dec 1, 2022
1,132Likes282Retweets

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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