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RocketSwap announces response plan for the attack incident: close Telegram group, redeploy liquidity mining contract, etc

2023-08-15 11:27:54
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ChainCatcher news, regarding today's attack incident, the Base ecosystem project RocketSwap stated that it has detected a brute-force attack on its server, and the liquidity mining contract uses a proxy contract, which has multiple high-risk permissions leading to the transfer of liquidity pool assets. The team first shut down the liquidity pool to prevent further losses; the liquidity pool assets are compromised, but the DEX will not be affected.

The emergency plan agreed upon by the team is as follows: 1. Plan to redeploy a new liquidity mining contract by deleting the proxy contract and open-sourcing it on-chain. 2. The new liquidity mining will advance the reduction plan by 0.075 per block. 3. The team will give up the minting rights and only retain low-risk rights for allocating new mining pools. 4. The locked initial liquidity and 80,000 tokens will be extended for 1 year. 5. The team will continue to launch LaunchPad and plans further updates. 6. The Telegram group will reopen after stabilization. 7. A call for hackers to return assets to the victims.

Previous report, earlier today, it was reported that RocketSwap was attacked, resulting in a loss of approximately $868,000.

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