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rendiwxyz
@rendiwxyz
Is this possible to happen at Anchor Protocol ? Genuine question because I and my friends are users of Anchor. Thank you. Here's the theory behind the Cream Finance hack : twitter.com/flashfish0x/st
@stablekwon
@anchor_protocol
@mcantieri
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flashfish
@flashfish0x
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Here's the theory behind the Cream attack, a thread: You need a token that can be borrowed, used as collateral and have its value increased in the same transaction. Uni Lps, xSushi, yVault tokens. Any will do
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Do Kwon 🌕
@stablekwon
The cost of doing this will be to sustain an attack over a long period to some of the largest and most liquid assets in crypto - like ETH, Luna, etc - much harder to do than AMM dominant derivatives like LP tokens or xSUSHI
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Dad ⚛🧪
@Dad_Defi
If this is the case than i will stop asking when bANC. of all collateral like bSOL, bATOM. bANC is the least liquid and vulnerable.
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