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Yearn.Finance‘s Exploited YDAI Vault Is Restored Now

Mary Liu

Summary: After the vault was attacked and $11 million DAI lost last week, Yearn.Finance today announced that its yDAI vault has been restored. The screenshot of the transaction showed that $9.7 million of DAI were minted by collateralizing 1,591.53 YFIs from Treasury, making the yDAI vault whole. The team added: "Don’t count on it happening again. Make sure to ...

After the vault was attacked and $11 million DAI lost last week, Yearn.Finance today announced that its yDAI vault has been restored.

The screenshot of the transaction showed that $9.7 million of DAI were minted by collateralizing 1,591.53 YFIs from Treasury, making the yDAI vault whole.

The team added: "Don’t count on it happening again. Make sure to buy Cover next time."

By Mary Liu

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Link: Yearn.Finance‘s Exploited YDAI Vault Is Restored Now   [Copy]
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