Community Newsletter Edition #18

A dozen DeFi protocols have joined the **Safe Harbor Agreement**, providing legal protection for white hat hackers who intervene to save funds during protocol exploits. The agreement promises **not to prosecute** ethical hackers who step in to prevent or mitigate damage from security breaches. This creates a safer environment for security researchers to act quickly when they discover vulnerabilities. Key benefits: - Legal immunity for white hat interventions - Faster response times during exploits - Enhanced protocol security through community participation This initiative represents a significant step toward **collaborative security** in DeFi, encouraging responsible disclosure and intervention rather than malicious exploitation. [Read the full details](https://www.dlnews.com/articles/defi/a-dozen-defi-protocols-adopt-safe-harbor-agreements-for-white-hat-hackers/)

**Stake DAO is transitioning its Curve strategies** on mainnet to Staking V2 starting next week. **Key details:** - Affects users LP'ing with alAssets - Curve sUSD/sUSDe strategy users must upgrade to v2 - **Action required this week** to continue earning rewards **What you need to do:** - Check if you're using affected Curve strategies - Upgrade to Staking V2 before the transition - Review the official update from Stake DAO **Timeline:** Transition begins next week, so users should act promptly to avoid interruption in earnings.

Euler's V3 protocol has officially entered the audit phase, marking a significant milestone in its development roadmap. Three respected firms will conduct comprehensive security reviews: - ChainSecurity - SpearbitDAO - OpenZeppelin This follows the successful completion of multiple audits for Euler v2 in April 2024. The audit phase represents one of the final steps before the V3 deployment. *Security remains a top priority* as Euler continues building robust DeFi infrastructure.

Alchemix has released its Q3 2024 Financial Report covering July through October. The protocol showed significant growth across multiple chains: - Improved pricing for alETH and alUSD tokens - 112% expansion on Arbitrum network - 20% growth on Optimism chain The report demonstrates continued expansion of the self-repaying loan protocol across Layer 2 networks. Full details available in the comprehensive report and summary on Medium.

Beefy Finance has introduced new Concentrated Liquidity Management (CLM) vaults for alETH-alUSD pairs on Optimism. - The vaults feature auto-compounding yield functionality - Users can choose between 50/50 or single-sided positions - CLM technology optimizes utilization for enhanced yields Available now on app.beefy.com under the Optimism network selection. *Visit Beefy Finance to explore these new yield opportunities.*