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After Lifting The Governance Token Transfer Restriction, dYdX Reported An Error In The Secure Staking Pool Smart Contract

Mary Liu

Summary: The dYdX Foundation issued a tweet stating that after the Safety Staking Pool was launched, it was discovered that there was an error in the deployment of the Smart Staking Pool smart contract.  In response, access to the security pool was temporarily removed from http://dydx.community.  The team emphasized that no user funds are at risk, ...

The dYdX Foundation issued a tweet stating that after the Safety Staking Pool was launched, it was discovered that there was an error in the deployment of the Smart Staking Pool smart contract. 

In response, access to the security pool was temporarily removed from http://dydx.community. 

The team emphasized that no user funds are at risk, and all funds can be recovered. 

The team said: "As always, all our smart contracts adhere to the highest security standards: 100% test coverage and full audits. We will be sharing a full post-mortem soon, and look forward to working with the community to resolve the situation with no user impact."

DYdX has lifted the transfer restrictions of the governance token DYDX, and users can claim and transfer the rewards obtained, including airdrop rewards. Within a few hours after the transaction was unlocked, the price of DYDX fluctuated greatly. According to CoinGecko, At the time of writing, the DYDX price on OKEx is $13.71, while on Sushi's DYDX/ETH pool is $11.71.

By Mary Liu

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