.@MoonwellDeFi has been exploited for $1M.
The root cause was a heavy oracle price inaccuracy for wrstETH. Not sure if further malicious actions have already been prevented. Please be careful.
Fingers crossed for the Chainlink and Moonwell teams in addressing the issue.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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