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Stability DAO: Nearly 30% of Metavault Funds Affected by CrediX Exploit, Working on Compensation Plan
BlockBeats News, August 10th, the DeFi protocol Stability DAO stated that approximately 20% to 30% of its Metavault funds were affected by the CrediX exploit. Stability DAO is collaborating with Sonic Labs and other affected protocols, and is writing a detailed report to track the team and the attacker, aiming to recover the funds.
At the same time, the protocol is formulating a compensation and recovery plan, with implementation expected to start within the next two weeks. MetaVault is expected to reopen next week, with more details to be announced. It is reported that Stability DAO completed the integration with CrediX approximately a week ago, bringing additional yield opportunities to the platform.
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