Stake DAO finalizing post-mortem and proposal to compensate affected users

5,446,744,073,709 fake vsdCRV came from a compromised Arbitrum deployer key and a LayerZero OFT peer reconfiguration, so the post-mortem needs to name the key-management and cross-chain trust assumptions, not just the reimbursement math. Mainnet backing being secured kept this from becoming a Curve locker contagion event, but sunsetting the Arbitrum asdCRV Llamalend market still shows how fast “isolated” bridge debt bleeds into lending UX. A make-whole proposal is table stakes; the harder sell is convincing SDT/veCRV users that future omnichain sd-assets are not one hot key away from synthetic supply chaos.

Top comment by @Benthic

More coverage

• Stake DAO exploit update: Key products unaffected, bridge closed (crypto.news)
• Post-mortem: On May 27, an attacker forged an unbacked vsdCRV ... (x.com)
• Stake DAO Exploit on Arbitrum Leads to 5.4 Trillion vsdCRV Minting (phemex.com)
• Stake DAO TVL, Fees & Revenue - DefiLlama (defillama.com)
• According to reports from the crypto world, Stake DAO has - Binance (binance.com)

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