Fork Archives - The Defiant
What is Protocol Owned Governance? | First Look into Lobis – Approved Fork of OlympusDAO
Lobis is an Approved Olympus fork specialized to ensure that OlympusDAO can participate in DeFi governance.
Anubis DAO Descends Into the Underworld After $60M Exploit
Anubis DAO, a recently launched fork of Olympus DAO, is engulfed in chaos after 13.6K ETH ($60M) was drained from the protocol today.
OlympusDAO’s Success Inspires Dozens of Forks
They say imitation is the highest form of flattery. In crypto, this manifests as forks, or copies of a project’s codebase. In that sense, OlympusDAO must be feeling pretty flattered.
Bug in Leading Ethereum Node Software Has Caused the Chain to Fork
A bug in outdated versions of the leading Ethereum client for node operators, Geth, is causing forks on the chain, according to research by the Block. According to The Block, this could enable double spends on the world’s second-largest blockchain by market capitalization. Ethereum security lead Martin Holst Swende tweeted, “Fortunately, most miners were already […]
Trident was first developed with the core focus of capital efficiency and cryptocurrency volatility protection using powerful, yet intuitive and easy-to-use, tools to provide DeFi with its new protocol standard. Our goal was to reinvent the wheel, without sacrificing user familiarity with Sushi’s newly revamped and consolidated interface.
Compound Finance Fork EasyFi Loses Over $60M in Admin Key Hack
EasyFi, a Compound Finance fork launched directly on the Polygon Layer 2 Network, suffered a major hack on Monday, losing over $60M of the project’s EASY tokens and also $6M of users’ provided liquidity. The hacker gained access to the project’s admin key, which allows developers to make changes to their protocol. The attack is […]
New AMM Saddle Had Bit of a Rocky Start
Everybody hates slippage. That’s the problem Saddle, the freshly launched dApp “designed to enable efficient trading between pegged value crypto assets,” aims to tackle. And while the project quickly reached its initial deposit cap, it wasn’t without a couple of hiccups. Saddle is a new automated market maker (AMM) that intends to provide liquidity for […]
DeFi Forks Are Moving Beyond Copy and Paste
In the last month, almost every major DeFi project has been forked. Some of the forks have even been forked themselves. But do these near-copies of projects actually add any value? Or are they simply opportunistic money-grabs? Like many things in life, the truth isn’t always clear-cut. Each fork, from SushiSwap, to Swerve, to Cream, […]
“I F*cked Up. And I am Sorry:” Chef Nomi Returns $14M of ETH to SushiSwap
There’s yet another twist to this California Roll. The founder behind the Uniswap fork SushiSwap, an anonymous developer going by the name of Chef Nomi who had run off with about $14M worth of ETH and prompted accusations the project was an exit scam, today returned his stash. “To everyone. I f*cked up. And I […]
SushiSwap Drains Uniswap Liquidity. Still, Everyone Won
DeFi experienced what seemed like its first-ever hostile takeover today, except instead of stock buyouts and management shakedowns, it was driven by users switching platforms following their own economic incentives. Crypto capitalism at its finest. 1) well the migration is done; sushiswap is livehttps://t.co/c2JGZJ65Ch — SBF (@SBF_Alameda) September 9, 2020 SushiSwap, a fork of Uniswap, […]
SushiSwap’s Vampire Scheme: Hours Away and With $1.3B at Stake
Decentralized finance is living through what may become one of its most defining moments. In less than 48 hours, a two-week upstart will attempt to drain liquidity from DeFi’s largest exchange, in a never-before attempted vampire-like attack, which right now has $1.3B in tokens at stake. Here’s a quick summary: An anonymous developer copied Uniswap […]