Amphor Boosted ETH Vault Update: Withdrawals Resumed, Compensation Plan in Progress
Amphor Boosted ETH Vault Update: Withdrawals Resumed, Compensation Plan in Progress
🕵️ Vault Drama Unfolds
Following audits, @Penpiexyz_io has unpaused LP staking contracts, allowing withdrawals from the Amphor Boosted ETH Vault. Key points:
- Epoch 22 experienced a loss of 889 ETH (-20.5% return) due to an exploit
- PenPie is drafting a compensation plan for affected addresses
- Amphor team collaborating with @HypernativeLabs to prevent future exploits
- Withdrawal schedule:
- Daily for the next 3 days
- Every 5-7 days thereafter
A 10% bounty is offered for information leading to the hacker's identification. Seven exploiter addresses are being monitored.
Next steps: Monitor the compensation plan draft at https://gov.magpiexyz.io/t/penpie-compensation-plan-draft/367
Following @Penpiexyz_io audits completion, LP staking contracts have been unpaused, allowing withdrawals from the Amphor Boosted ETH Vault. Due to the exploit, epoch 22 on the Boosted ETH vault experienced a loss of -889 ETH, representing a -20.5% return from the previous epoch.
Penpie is officially unpaused.☑️ A new phase of platform development has commenced as @Penpiexyz_io resumes operations following comprehensive audits conducted by leading security firms.⚙️ Here are the details on how users can interact with the protocol:⬇️ ▫️ Affected Pools:
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