zeth

ChainCatcher message, Slow Mist Yu Xian posted on platform X: "Give mETH Protocol a thumbs up, intervene in the review in a timely manner, and recover the 15,000 cmETH stolen from Bybit. At this time, the majority of people are applauding such reviews or interventions.mETH Protocol is still not well understood, but another interesting example of security balance design can be cited: Renzo's ezETH contract has issues with excessive permissions, such as being upgradable, and being able to mint/burn, etc. However, the Owner is multi-sig and has a Timelocker of 7 days, and has implemented a proposal mode. Therefore, if ezETH intends to act maliciously, timely detection allows everyone a 7-day buffer to make a choice. This kind of security balance model is quite mature in the Ethereum ecosystem."

ChainCatcher message, the user who mistakenly transferred 7912 ezETH to a contract address, 2024.qklpj.eth, has issued a bounty announcement: "Urgent request for help, a large amount of funds has been lost in a contract, and immediate assistance is needed to recover it. A reward of 10% will be provided upon successful recovery of the funds, which is approximately $2.5 million at current prices."According to previous reports, the address 2024.qklpj.eth seems to have mistakenly transferred 7912 ezETH to a transit contract address, resulting in the funds being locked and unable to be withdrawn. This address transferred 5477 ezETH to the multi-signature address 0x5E6...A1c19, likely intending to write a smart contract to quickly grab the redemption quota, and this portion of funds has been normally withdrawn in batches. One of the transactions even went directly into the transit contract 0xe9a...696C4 (marked by Arkham as CoboSafeAccount), which cannot be transferred or upgraded.

ChainCatcher message, Renzo announced on platform X that the ezETH Lido AAVE proposal has been initiated, and the voting will last for 5 days. According to the proposal, Renzo will have 2 liquid e-modes, with a supply cap of 15,000 ezETH, allowing users to:Provide ezETH as collateral to Lido and borrow wstETH;Provide ezETH as collateral to Sky and borrow USDS.

ChainCatcher news, Renzo recently posted on X that EIGEN Season 2 claims are now open for ezETH stakers, and all ezETH stakers from April 15 to August 15 are eligible.

ChainCatcher news, according to Web3 security firm Ancilia, Inc., the ShezmuETH (ShezETH) token appears to have been attacked, possibly due to a key leak, with an additional 9,900 ShezETH tokens minted and exchanged for 332 ETH (worth $880,000).Additionally, ShezmuUSD has also been hacked, and it is unclear whether this is related to the Deployer key leak. The staking contract lacks mint protection, allowing anyone to mint staking tokens.

ChainCatcher message, Ethereum restaking protocol Renzo announced on social media that it has launched the flagship LRT pzETH, in partnership with the restaking protocol Symbiotic and the Uniswap V3 LP automation protocol Mellow Protocol, supporting stETH, wstETH, wETH, and ETH restaking.pzETH provides users with risk-adjusted restaking rewards on SymbioticpzETH combines Symbiotic, Mellow, and ezPointsThe deposit limit for the first phase is 25,000 tokens, and Renzo DeFi integration is coming soon.

ChainCatcher message, according to on-chain data analyst @ai_9684xtpa's monitoring, 2024.qklpj.eth seems to have mistakenly transferred 7912 ezETH to a contract address, resulting in the funds being locked and unable to be withdrawn.It is reported that three days ago, this address transferred 5477 ezETH to the multi-signature address 0x5E6...A1c19, possibly writing a contract in hopes of quickly seizing the redemption quota. This portion of funds has been normally withdrawn in batches. One of the funds was even directly sent to the intermediary contract 0xe9a...696C4 (marked by Arkham as CoboSafeAccount), which cannot be transferred or upgraded.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa monitoring, Renzo has opened the ezETH redemption channel, and there is currently still a positive premium. The buffer period has a redemption limit of only 1000 ETH per hour and is opened randomly in two batches.Currently, there are 18,953 ezETH accumulated in the Renzo WithdrawQueue contract, worth 67.45 million dollars. There is a hard cap during the buffer period, which allows a maximum redemption of 72,000 ETH within 72 hours; any excess will need to wait for the next period.

According to ChainCatcher news, the liquidity re-staking protocol Renzo's ezETH has opened for redemption, with an expected withdrawal waiting time of 3 days. Currently, ezETH is trading at a premium, with 1 ezETH = 1.01219 ETH.Previous news, on June 8, Lucas Kozinski, co-founder of the liquidity re-staking protocol Renzo, stated that users would be able to request withdrawals after the EigenLayer custody period ends on June 17/18.

ChainCatcher news, Renzo announced the upcoming project plans on social media, which include:ezETH withdrawals will soon be open;REZ Season 2 incentive program;EIGEN & AVS reward programs;Governance;Partnership announcements.

ChainCatcher message, Renzo officials posted on social media that the next major Renzo upgrade is scheduled for May 2024, which will enable the ezETH withdrawal feature. Once launched, the code will have successfully passed audits from three auditing firms.

ChainCatcher news, according to @ai_9684xtpa's monitoring, two hours ago, a certain whale deposited 3,527 ezETH PT and 3,300 ETH that expired the day before yesterday into Zircuit (approximately 21.24 million USD).

ChainCatcher news, according to CoinGecko market information, ezETH is quoted in the range of 3034-3072 USD on various platforms, still in a "depegged" state, with an approximate 3% discount compared to the ETH price.

ChainCatcher news, according to Spot On Chain monitoring, within just 4 hours after ezETH depegged, wallet address 0xaa1 (related to czsamsunsb.eth) earned 193 ETH (approximately $600,000).Since ezETH depegged 4 hours ago due to insufficient liquidity on Uniswap, this whale has exchanged 4,499 ETH for 4,692 ezETH, currently profiting 193 ETH. It now appears that this whale is still exchanging more ETH for ezETH.

ChainCatcher message, Renzo posted on platform X in response to a series of community questions, focusing on: the eligibility for airdrops depends on the ezPoints at the time of the snapshot, and is unrelated to the ezETH balance at the time of the snapshot (regardless of whether it has been sold). Users of Pendle YT whose term ends before the snapshot will be eligible for airdrops as long as their score meets the minimum standard. NFT airdrops will be calculated based on the number of NFTs, not the number of wallets.

ChainCatcher news, the DeFi composable leverage protocol Gearbox stated that some users were liquidated due to the depegging of ezETH, but the protocol's passive lenders did not incur bad debts. The team will release a report reviewing this incident.

ChainCatcher news, according to on-chain analyst AI Yi's monitoring, ezETH experienced a brief decoupling, dropping to a low of $2262.Since September 2023, a whale that bought 50,000 $ETH has been waiting to buy, spending 2400 ETH to acquire 2499 ezETH (worth 6.98 million USD), netting a profit of 99 ETH.

ChainCatcher message, Ethereum liquidity re-staking protocol Renzo posted on social media that Pendle will open its new long-term ezETH pool today (until December 24, 2024), and will triple the ezPoints rewards.At the same time, users can also earn EigenLayer points as well as ETH re-staking and AVS rewards.