Stability

**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.*

Circle has launched native USDC support on Sonic, marking the stablecoin's expansion to its 20th blockchain network. Key features include: - Automatic upgrade of bridged USDC to native USDC - Direct 1:1 USD/USDC minting for Circle Mint customers - CCTP V2 integration enabling rapid cross-chain transfers with smart contract hooks Major partners at launch include Aave, Binance, and Redot Pay. The integration brings institutional-grade stablecoin infrastructure to Sonic's ecosystem, enhancing DeFi capabilities and cross-chain liquidity. [Learn more about multi-chain USDC](http://circle.com/multi-chain-usdc/sonic)

Stability DAO has launched a new vault on Sonic featuring significant leverage and reward opportunities: - Leverage capability up to 7.2x - Enhanced stability GEMS leveraged rewards - Silo Points multiplier of 10x points per dollar/day - PT Maturity Date set for August 14, 2025 This launch follows a major collaboration between Pendle Finance, Silo Finance, and Stability DAO, enabling PT (Principal Token) integration with Silo markets and Stability vaults. [Access the new vault here](https://stability.farm/vaults/vault/146/0x6bd40759e38ed47ef360a8618ac8fe6d3b2ea959)

StabilityDAO announces two strategic partnerships to enhance DeFi capabilities: - **AurumFi Collaboration**: - Building single-sided & MetaVault strategies - Managing protocol-owned liquidity - Optimizing farming activities for sustainable growth - **Beethoven X Integration**: - Implementing yield aggregation strategies - Creating boosted pools - Developing compounding vaults Both partnerships aim to maximize yield generation and improve liquidity efficiency on the Sonic network. Implementation details and launch dates will be announced soon.