GMX: It is recommended that the GMX V1 fork project disable leverage and limit token minting to prevent risks

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Blockbeats
07-09
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On July 9, GMX released an emergency notice that GMX V1 has been attacked for all GMX V1 forked projects. The following actions can be taken to reduce risks:

· Disable leverage function: Call Vault.setIsLeverageEnabled(false) to turn it off; if Vault Timelock is used, call Timelock.setShouldToggleIsLeverageEnabled(false).

· Set maxUsdgAmounts for all tokens to "1": Use Vault.setTokenConfig or Timelock.setTokenConfig to prevent further GLP minting.

Please note that the value must be set to "1", not "0", because setting it to 0 indicates no limit and would instead allow the vulnerability to continue to be exploited.

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