omnipool

ChainCatcher news, according to Decrypt, the Polkadot ecosystem DeFi project Hydration has announced that it has obtained 2 million DOT tokens (approximately 14.4 million USD) from the Polkadot treasury. This funding will be specifically used to enhance the liquidity and trading efficiency of Hydration's unilateral liquidity supply platform, Omnipool.It is reported that within a year, 1 million DOT will be spent to attract new liquidity into the Polkadot ecosystem, with initial rewards for liquidity providers (LP) exceeding 200% APY. Thanks to the unilateral LP design of Hydration Omnipool, users will start receiving rewards after providing a single asset and joining the incentive farm, with incentive assets including native stablecoins, DOT, BTC, and various ecosystem tokens.In addition, the remaining 1 million DOT will be directly injected into Hydration Omnipool itself, aiming to support the creation of a strong and accessible native liquidity layer.

ChainCatcher message, Conic Finance tweeted that the second attack is unrelated to the reentrancy vulnerability of the ETH Omnipool. The attacker profited approximately $300,000 by exploiting the crvUSD Omnipool.Conic Finance stated that all deposit services for Omnipools have been suspended. Users can still withdraw. We are assessing the situation and will provide updates as soon as we have them. Conic Finance received alerts regarding the vulnerability affecting the crvUSD Omnipool in the early morning.

ChainCatcher news, Conic Finance has released the latest developments on the attack incident, having disabled ETH Omnipool deposits on the Conic front end, and is continuing to investigate the root cause of the vulnerability while negotiating with relevant parties.ChainCatcher previously reported that PeckShield analyzed the attack incident on Conic Finance, stating that preliminary analysis indicates the root cause stems from the new CurveLPOracleV2 contract, which also identified similar read-only reentrancy issues during its audit. However, the newly launched CurveLPOracleV2 contract also exhibits the same problem, which was not included in the audit scope. (source link)