🏛️ Stability DAO Launches

**StabilityDAO** has implemented **SIP-1**, increasing the instant exit fee for xSTBL tokens from **50% to 80%**. **Key Changes:** - Parameter: xSTBL instant exit fee - Old value: 50% - New value: 80% **Strategic Goals:** - Reduce instant exits from the protocol - Increase PvP rewards for remaining participants - Better position xSTBL as an incentive mechanism The proposal passed through governance and aims to **strengthen the protocol's tokenomics** by discouraging quick exits while rewarding long-term participants. [View full proposal](https://snapshot.box/#/s:stabilitydao.eth/proposal/0x75548f5ec7919b5f21a7027f420907366068574438c0c9fd57359188bb0f9d5e)

**Stability DAO provides recovery update** following Credix exposure incident in MetaVaults affecting $7.3M across multiple tokens. **Recovery Progress:** - Recovery tokens distributed ✓ - Recovery pools created ✓ - Large pool distributions completed - Small pools still pending **Key Details:** - 1:1 recovery token ratio for affected MetaVault tokens - Only balances >$50 qualified for recovery tokens - Small balances already compensated - Automatic buybacks enabled within one week **Next Steps:** - Direct compensation begins when pools reach 1:1 price - Users must verify addresses in [documentation](https://stabilitydao.gitbook.io/stability/risks/accident1#affected-protocols-users) - Check REC* token balances on Shadow **Missing from lists?** Create Discord ticket with: address :: protocol :: vault :: amount :: tx hash Stability DAO commits 20% of platform income to compensation fund until full repayment achieved.

**Season 1 Silo Points claiming is now active** on Stability Farm's platform. Users can access their **wS claims through the Leaderboard section** at [stability.farm/leaderboard](https://stability.farm/leaderboard). This follows the platform's recent launch of leveraged farming opportunities, including: - **17x leverage capabilities** - Sonic AP multiplier at **x139.2** - Leveraged Silo Points multiplier at **x25.6** **Action required:** Visit the leaderboard to claim your Season 1 rewards.

Stability has confirmed their Metavaults were impacted by an exploit at Credix, not due to any vulnerability in Stability's own smart contracts. Key points: - Main platform remains secure and operational - Credix team confirms affected funds are recoverable - Recovery process actively underway - Regular updates promised via social channels *The rest of Stability's infrastructure continues to function normally while the team works with Credix on fund recovery.*