Curve Finance (@CurveFinance): A postmortem on sDOLA market liquidations by @LlamaRisk. Necessary learnings for safety of future markets have been made.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
A postmortem on sDOLA market liquidations by @LlamaRisk. Necessary learnings for safety of future markets have been made. The loss for the borrowers ($822k) is very feasible to compensate by Curve DAO if it approves, but is subject to discussions and a vote. The attacker profit was around $200k. While it's quite regrettable that the attack has happened, it brought valuable information before the release of a new version of LlamaLend. Likely, the attacker would have profited more if this was brought as a security report rather than an attack.