Liquidity
[ ] Create new pair
[ ] Add liquidity using two ERC20 tokens
[ ] Add liquidity using FTM and ERC20
[ ] Withdraw liquidity using two ERC20 tokens
[ ] Withdraw liquidity using FTM and ERC20
[x] Stake LP
[x] Staked amount updates
What happened
Over the past few days the Solidly v2 team has performed a series of attacks on Solidly v1 rendering various aspects of Solidly v1 and Solidex inoperable. That said Your funds are safe.
The reason we've done this is to bring awareness to the fact that Solidly v1 and Solidex are susceptible to numererous attacks which anyone can perform. Developers of Soldily v2 have tried in the past discussing various attack vectors with both the Solidly v1 team and Solidex and have been met mostly with silence or denial.
As such, we believe the most responsible course of action is to demonstrate the attacks ourselves, such that the issues with Solidly v1 and Solidex can no longer be ignored.
We believe users of Soldily and Solidex deserve the straightforward truth: that many aspects of Solidly v1 and Solidex are broken beyond repair.
The following attacks were performed
Solidly Upgrade
After careful consideration and a thorough investigation of all known bugs and issues with Solidly, we have come to the conclusion that it’s in the best interest of the community and the ecosystem as a whole to fix all existing issues -- culminating in a fork of the original Solidly code.
Our goal is to maximize the value to all stakeholders of the current Solidly ecosystem and to transform Solidly into the #1 exchange in crypto. Additionally, Solidly will serve as a deep liquidity pool and as a secondary market for upcoming Deus Finance products, including forex pairs, derivatives, synthetics, futures, options and stocks.
We have garnered support of both Solidex and 0xDAO, who support this upgrade in the strongest terms possible.
The key issues with the current Solidly implementation that we are addressing are:
Joint Announcement Deus Finance and 0xDAO
We are happy to announce that the negotiations between Deus Finance and 0xDAO have concluded and from today on our teams will be working together to improve the Solidly ecosystem and realize its full potential.
Deus acquired all of 0xDAO’s treasury assets, experience and skills. 0xDAO’s team is now being integrated into the Deus team and will continue their work on the Solidly ecosystem from their new home.
Given the recent large acquisitions of veNFTs by Deus Finance and its strong involvement in the Solidly ecosystem, as well as Deus’ access to developer resources, we believe the acquisition is a huge net positive for all.
Due to their experiences integrating directly with Solidly, the 0xDAO team is uniquely positioned to improve and upgrade Solidly. A thorough analysis of Solidly v1 is currently being conducted and through careful consideration we will make any upgrades we see as neccessary and beneficial to the Solidly userbase and ecosystem as a whole.
Additionally, the acquired 0xDAO team has extensive experience with realtime distributed systems and a comprehensive internal audit will be conducted on the Muon network architecture and oracle systems.
beepidibop changed 3 years agoView mode Like Bookmark
Good faith payment for hard-assets
Solidly fixes
Establish which other contracts need to be migrated
Do we have to migrate to new pools?
Do we have to migrate to a new voter?
Do we have to migrate SOLID token?
Rework fee contracts (a few days?)
beepidibop changed 3 years agoView mode Like Bookmark