Today in DeFi - Maestro Router Exploit, dydx Chain Live, Astrid Mainnet Live, Stable Yields, Token Buybacks, and more...

Maestro Router Exploit

Maestro Router was compromised. The team has identified the exploit and resumed trading, but tokens with pools on certain dexes will be temporarily unavailable. Earlier the team promised that affected users would be fully refunded (~280ETH in total).

dYdX Chain Live

The dYdX chain v0.1 is live. The code including the orderbook and frontend has been audited and open-sourced.

Astrid Mainnet Live

Powered by EigenLayer, liquid restaking protocol Astrid is live on the Ethereum mainnet. Users can restake LSTs including stETH, rETH, and cbETH on Astrid.

Qi DAO V2 Live

Qi DAO launches V2. The V2 upgrade brings QI as an OFT token with improved tokenomics.

Nimbora x Liquity

L1 on L2 gateway protocol Nimbora integrates with Liquity and enables LUSD borrowing on Starknet with cheaper fees and zero borrowing limits.

Aave Governance Proposals

DAO Funding
Aave proposes to update the DAO’s stablecoin holdings in preparation for several service provider proposals in security, risk, financial service, etc.

GHO Liquidity Support
Aave proposes creating a new GHO/USDC/USDT BPT stable coin category within the Aave Safety Module (SM), in order to diversify assets within the SM to support GHO liquidity.

Financial Management Working Group
Aave proposes to establish a Financial Management Working Group (FMWG) to enhance financial reporting and auditing, GHO stablecoin management, treasury management, and Safety Module management.

Stable Yields, Points Farming, Buyback Proposal…