Convex Finance has issued multiple security alerts warning users about potential phishing attempts:
- All official communications will not include any links after their tweets
- Any links appearing below their tweets that appear to be from Convex are spam, fake, or phishing attempts
- Users are advised to exercise caution and avoid clicking suspicious links
Recent announcements from Convex include:
- A new initiative called Resupply
- Collaboration with Votium Protocol
- Multiple calls for community voting participation
Stay vigilant and verify all sources before clicking any links.
Is that a hippo I see???
9/ Staking FRAX gets you so much more than just FXBs. As the Frax ecosystem expands, so do the rewards: ¤ @ethena_labs ENA ¤ @Karak_Network XP ¤ @LayerZero_Core DVNs ¤ @NEARProtocol NEAR ¤ 🦛 ¤ @symbioticfi Points ¤ AI Agent Airdrops and more!
The next chapter begins... Now! Introducing Resupply.
Introducing Resupply! a new decentralized stablecoin protocol built by @ConvexFinance and @yearnfi!
Vote accordingly.
The proposal to shutdown Prisma and distribute $RSUP tokens to $PRISMA holders has been posted. gov.prismafinance.com/t/pip-46-shutd…
Thanks @VotiumProtocol and Llama Air Force Friends for another great round!
Convex Website Restored After Curve Domain Resolution
Convex's website has returned to full functionality following Curve Finance's successful migration to [Curve.finance](http://curve.finance). The restoration comes after a period of disruption caused by an attack on Curve's domain name that impacted Convex's operations. Key points: - Convex relies on Curve's data for website functionality - Service interruption occurred due to Curve domain attack - Full service restored after Curve's domain migration - **Security Warning**: Users advised to avoid clicking links in tweet replies Stay vigilant against potential phishing attempts targeting Convex and Curve users.
Convex and Yearn Launch Resupply Protocol with Yield-Bearing Stablecoin reUSD
**Resupply**, a new stablecoin protocol from Convex and Yearn, introduces $reUSD - a stablecoin backed by yield-bearing stablecoins. Key features: - Collateral earns yield while borrowing - Borrow rates set at half the lending rate - Multiple reward streams: $RSUP, $CRV, and $CVX - Peg maintained through redemption mechanism Users can: - Supply to insurance pool - Provide liquidity on Curve - Use for yield farming - Stake $RSUP for governance rights $PRISMA, $cvxPRISMA, and $yPRISMA holders can convert to vesting $RSUP.
Convex Finance Announces f(x) 2.0 Whitepaper
Convex Finance has announced the release of their f(x) 2.0 whitepaper. The team emphasizes security awareness: - No official links will be posted on their Twitter feed - Users should be cautious of potential phishing attempts - Any links appearing below their tweets should be treated as suspicious **Security Notice**: All links claiming to be from Convex in tweet responses should be considered spam or phishing attempts.
Protocol f(x) 2.0 White Paper Announcement
Protocol f(x) has announced the upcoming release of their 2.0 white paper. This technical document will outline the next evolution of the protocol's architecture and features. Key dates: - Initial announcement: September 26, 2024 - Expected release: November 4, 2024 The team emphasizes the importance of community members reviewing the document thoroughly upon release to understand the protocol's new direction.