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A handshake agreement has kept DeFi from toppling, for now

The Scoop

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The Leverage of CRV Tokens

The lead swap exploit was a pretty straightforward one where hacker was able to drain liquidity from pools. The key issue here is kind of, yeah, of course, borrowing against tokens that can go down very quickly and may have issues around liquidity. But overall, I don't think it's like such a big deal. It's just one of those things that happens when when a new name deploys early, some code that isn't that well tested.

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