Script3 retweeted
For communication and updates, we're active in the Blend Discord
If you have any questions or need to reach us, feel free to connect with us there!
To those affected by the Comet BLND-USDC incident:
Remediation efforts will now be led by Zenith Protocols with guidance from Script3 to support them in becoming more involved contributors to the Blend protocol.
Please follow @ZenithProtocols for updates and information regarding remediation.
Any updates will be shared here as well.
To those affected by the Comet BLND-USDC incident:
Remediation efforts will now be led by Zenith Protocols with guidance from Script3 to support them in becoming more involved contributors to the Blend protocol.
Please follow @ZenithProtocols for updates and information regarding remediation.
Any updates will be shared here as well.
A public repository of affected accounts is below.
github.com/xycloo/blend-come…
Blend V2.1 is live! 🧪
This is possible with help from the team at Zenith Protocols(@ZenithProtocols).
Check it out on mainnet.blend.capital
Blend V2.1 is a fork of Blend V2 with an updated Comet V1.1 AMM as the backstop token. Put simply, Blend V2.1 brings back a functional backstop. Blend V2.1 will not earn emissions unless an emissions migration occurs.
Blend V2.1 uses the same audited Blend V2 contracts.
The only change is switching to Comet V1.1 as the new backstop token.
Comet V1.1 introduces these changes:
- Fix the swap accounting bug detailed in xitter.cf/script3official/status…
- Remove gulp to prevent accounting mistakes from being exploitable
- Fix minor rounding issues which were not exploitable, to improve accuracy
Script3 retweeted
Clarity: Blend backstops are comprised of Comet BLND-USDC LP shares, so backstop depositors are impacted.
More information willl be provided soon.
Script3 retweeted
There is an ongoing incident with the BLND-USDC liquidity pool on Comet.
There is no issue with Blend contracts and funds deposited into Blend pools are not at risk.
