sdcrv

Stake DAO posted on platform X in response to the security incident, stating that its team is aware of the current security event and advises against interacting with vsdCRV.Previously, an anomaly occurred with contracts related to Stake DAO on Arbitrum, resulting in the minting of 54 trillion vsdCRV. The security team has classified this as a suspected infinite minting exploit.

According to on-chain data, the private key of the StakeDAO deployer was leaked on Arbitrum, and the attacker minted approximately 54.5 trillion vsdCRV, partially exchanging it for 43.7 ETH.

ChainCatcher news, ABC Labs has made a strategic investment of $2.2 million in the Curve ecosystem, purchasing 6.46 million sdCRV (Stake DAO's liquid locked Curve DAO tokens) and locking 923,000 Stake DAO tokens (SDT) in a 4-year voting escrow. This investment gives the Reserve ecosystem the largest voting power among non-founding entities in Curve DAO.These investments expand the Reserve ecosystem's influence over CRV and SDT rewards (i.e., Gauge emissions), enhancing the protocol's ability to incentivize on-chain RToken liquidity within the Curve ecosystem.This investment is part of a $20 million investment in the Curve ecosystem aimed at acquiring governance power and promoting RToken liquidity. Currently, the RToken liquidity pool on Curve holds approximately $25 million in assets, primarily concentrated on the Ethereum mainnet.