Dossier
Stake DAO
Coverage of Stake DAO in the Nexus archive.
- Security researchers flag ongoing Stake DAO exploit after attacker mints trillions of vsdCRV
Security researchers have identified an ongoing exploit targeting Stake DAO, where an attacker minted 5.4 trillion vsdCRV on Arbitrum and is actively converting the tokens into ether.
- The Curve Wars never had a lending equivalent. Anyone else find that weird?
The Curve Wars have introduced a lending equivalent with veCRV and gauges deciding where emissions go, leading to liquidity becoming political. Yearn and Stake DAO start hoarding veCRV, while Convex rewrites the power structure by aggregating votes. The Mezo team proposes a mechanism for lending where emissions and risk pricing happen together.