Balancer says $2.8M still at risk after vulnerability warning By Cointelegraph


© Reuters.

automated market maker and decentralized finance (DeFi) protocol Balancer warned that $2.8 million, or 0.42% of its total value locked (TVL), remains at risk following the discovery of a vulnerability on Aug. 22.

According to the Aug. 24 announcement, users are asked to “withdraw ASAP” if they have connected wallets to affected liquidity provider pools (LPs). A personal user interface was established via the protocol’s website to determine if user funds were at risk, which then suggests to unstake, withdraw, and unwrap the affected tokens.