TLDR: Relay is not compromised, nor does it ever do unlimited approvals. But there is definitely heightened phishing activity that you need to watch out for. More detail: - There are phishing sites out there that send txs through our router (which is basically just a multicall contract), to try and trick people. Make sure you are on the correct domain for whichever app you are using! - Because of an uptick in this activity, Blockaid is now showing a warning on our contract to try and warn people. They've whitelisted all the major legit sites, so it won't show on those sites. So if you're seeing the warning, you are either on phishing site, or another site needs to be added to the list (let us or Blockaid know) - We are planning to update our router to make it harder for phishers to abuse. To be clear, there is no protocol or contract vulnerability. Any multicall contract is open ended by design, and can be used by an attacker to mask a malicious transaction. We will just limit what ours allows, to make harder for bad actors to piggyback on it. It won't stop people landing on phishing sites (which is the actual problem), but will minimize some of the confusion

Everyone expects stablecoins to be 1:1 with USD and each other. Currently, the two biggest ones are trading with 12bps spread. Fun challenge :) Checkout the various price stabilization options we offer with @RelayProtocol docs.relay.link/features/pri…