SushiSwap CEO Jared Grey tweeted that a recent attack on SushiSwap resulted in some Lido protocol participants receiving hundreds of ETH. Sushi has partnered with the Lido team to find a solution to recover the stolen funds they have already paid, but some members of the community believe that Lido is not obligated or empowered to return these funds, essentially giving the green light to multiple Lido DAO participants to receive stolen funds. Controversially, Flashbots Director of Strategy and Lido Strategic Advisor Hasu also supports this view. Jared Grey stated that attempting to use DAO bureaucratic procedures to confuse and hinder this process is hypocritical and completely wrong. They hope to reach a friendly solution with Lido DAO and its supporters to return the funds in question.
Arbitrum’s Chronos Reaches $217M TVL With Staking, Becomes 8th Largest DEX; Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains; Deloitte Enters the Polkadot Ecosystem To Issue Reusable Digital Credentials
The decentralized exchange (DEX) SushiSwap has launched its version 3 (V3) liquidity pools on 13 different blockchain networks. The V3 pools enable users to earn rewards by providing liquidity to the exchange, while also offering improved liquidity and trading options.
SushiSwap to Propose Tokenomics Changes to Promote Uniswap v3 Adoption; Bahamas Calls for Tougher Regulation to Curb FTX-Like Situations; Circle Activates Protocol for Stablecoin Transfers Between Ethereum and Avalanche
As more crypto projects — like dYdX and SushiSwap — search for cheaper and faster DeFi alternatives, Ethereum’s getting left behind. Are we Observing the fall of the king or the specialization of networks?
DeFi trading protocol SushiSwap is preparing to launch a claims website for vested SUSHI tokens held in the protocol’s Merkle Distributor contract, pending an audit, SushiSwap Head Chef Jared Grey said Wednesday on Discord.