Today in DeFi

Today in DeFi

Today in DeFi - Unibot Exploited for 450 ETH, Proposal to Activate ARB Staking, Perennial Trigger Orders, On-chain Dual Investments, and more...

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Oct 31, 2023
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Unibot Exploited for 450 ETH

Unibot experienced a token approval exploit and the team has halted the protocol. The exploiter transfers meme coins from users and exchanges them for ETH, so far the exploit size is ~450 ETH.

Avalanche Snowtrace Discontinuing

Snowtrace, the Avalanche chain explorer powered by Etherscan, will stop operating on Nov 30th due to high service costs.
A new explorer run by Avascan will launch soon to replace the current one.

Voting: Activate ARB Staking

Arbitrum DAO is voting to activate staking that allows users to lock their ARB for up to 365 days, and users who exit their lock will incur a penalty between 0-60% of their lock amount depending on their lock time remaining.

Proposal: Increase GHO Borrow Rate

Aave DAO proposes to increase the GHO Borrow Rate from 3% to 4.32% to align with MakerDAO's latest proposed DAI Savings Rate (DSR).

Proposal: xSUSHI Coming Back

Sushi DAO proposed a governance overhaul, reverting to the previous model with 100% of fees going to X 0.00%↑ SUSHI stakers

Perennial Trigger Orders Live

Perpetual DEX Perennial launches Trigger Orders, enabling Limit Orders, SLs, and TPs for traders.

Token Auction, On-chain Dual Investments, …

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