NestExchange Pays $25k Bug Bounty After Critical Vulnerability Discovery

Ramses is preparing to launch **Ramses X**, a multichain and automated evolution of its ve(3,3) DEX platform. The platform, which adapts Andre Cronje's Solidly vision, is expanding beyond its current Arbitrum base. Ramses X promises to bring the protocol's liquidity incentive features across multiple chains. **Key features include:** - Multichain deployment capabilities - Automated liquidity management - Built-in incentive mechanisms for liquidity providers - Integration with emerging chains like HyperEVM The platform allows projects to deposit incentives to boost liquidity APR or vote on incentives to increase pool returns. Ramses maintains its focus on three core principles: community engagement through veNFT distribution to top protocols, decentralization with emergency governance safeguards, and functional innovation in DEX features. More details on the Ramses X launch timeline are expected soon.

**RAMSES DEX reaches key sustainability milestone** as fees now exceed emissions for the first time. **Key metrics from latest epoch:** - $59k worth of $RAM converted to $xRAM - $29k worth of $RAM burned in the process - 90,381 $RAM bought and burned via internal MEV bot **Strong performance indicators:** - Revenue of $111k+ surpassed emissions of $104k+ - Trading volume exceeded $117M - Holder revenue reached $83,419 - $hyperRAM ratio increased to 1.077 with 93.27% APR This marks a significant turning point for the ve(3,3) DEX on Arbitrum, demonstrating the protocol's ability to generate sustainable revenue through trading fees while maintaining deflationary tokenomics through systematic burning mechanisms.

**Voting deadline approaching fast** - less than one hour remains before the current epoch ends at 7pm EST/00:00 UTC. **Action required for xRAM users:** - Vote now to secure rewards - Deadline is imminent **HyperRAM users can relax** - no immediate action needed. **Strong epoch performance:** - Over $113k generated in fees and incentives - Top 3 performers leading the way Don't miss out on rewards - xRAM holders should vote immediately.

Security researchers have discovered a **critical vulnerability** in NestExchange's core smart contracts that poses significant risk to user funds. The researchers are offering to collaborate with the exchange to: - Provide detailed information about the vulnerability - Offer guidance on restoring safety measures - Help protect users and the broader ecosystem This follows a pattern of security incidents in the DeFi space, including a previous multi-signature wallet breach at UXLINK that resulted in significant cryptocurrency theft. That incident required coordination with centralized and decentralized exchanges to freeze suspicious deposits. **Key concerns:** - User funds currently at risk - Need for immediate security patches - Importance of collaborative disclosure The researchers' willingness to work directly with NestExchange demonstrates responsible disclosure practices in the web3 security community.