JPEG'd (JPEG) news

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There was an exploit of the Curve Finance pETH/ETH pool related to a bug in the Vyper Compiler. This resulted in a loss of 6,106 WETH to liquidity providers of this pool. After the pool was drained a material amount of trading activity was made on the pool buying discounted pETH with ETH. This activity contributed to losses to liquidity providers.  JPEG’d DAO recovered 5,495.4 WETH related to the exploit. This post proposes a range of options that may be voted on by JPEG’d token holders in the n...

Disbursement of the recovered WETH from the Curve finance exploit

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A discussion has been opened on the forum about the different options to disburse the recovered WETH. We're hoping to put this to voting ASAP.

Join the discussion here: https://gov.jpegd.io/t/disbursement-of-the-recovered-weth-from-the-curve-finance-exploit/205/3