Search results for "WEETH"

Cork Protocol update on the hacker attack incident: the market will be redeployed for LP withdrawals.

Odaily News Cork Protocol has officially updated the progress of the hacker attack incident, revealing that Cork Protocol encountered a vulnerability attack at 11:39 UTC on May 28, resulting in the theft of 3,761 wstETH from the wstETH:weETH market. The next step will be to redeploy the market to enable LP withdrawals, and actively recover the stolen funds, while integrating key learnings to strengthen and enhance the security and resilience of the Cork protocol.
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LayerZero is launched on Swellchain

According to Jinse Finance, Cross-Chain Interaction Protocol Layer Zero has announced on Twitter that it has been launched on the re-staking chain Swellchain. In addition, users can now use Superbridge or Stargate to cross-chain interact with assets such as weETH, USDe, rsETH, SWELL, swBTC, rswETH or swETH.
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ether.fi will cooperate with Symbiotic for network deployment

ether.fi is collaborating with Symbiotic to explore the construction of a decentralized validator network and Oracle Machine service network, used for the reconstruction of eETH/weETH, and will expand to a wider range of core protocol management tasks in the future. Both parties will jointly establish the DVN service and operate within the Symbiotic ecosystem. In addition, ether.fi will create a nested multi-signatory committee structure in its network.
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Spark: SparkLend's effective DAI borrowing Interest Rate is expected to be reduced to 8%, and savings Interest Rate is expected to be reduced to 7%.

DAI lending protocol Spark will undergo new parameter changes, including a 1 percentage point decrease in the effective DAI borrowing Interest Rate to 8%, an increase in the weETH supply cap on the Ethereum mainnet to 200,000 weETH, and an increase in the weETH isolated mode debt cap to 200 million DAI. In addition, the Dai savings Interest Rate on the Ethereum mainnet will also be reduced, and if the vote passes, the Dai savings Interest Rate will decrease from 8% to 7%. These changes will be available for deployment within SparkLend within 30 hours of approval.
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The proposal from Maker to increase the weETH supply limit to 200,000 coins in SparkLend has been approved.

Odaily Star Daily News: Maker announced on the X platform that the proposal to increase the weETH supply limit to 200,000 has been approved, and the weETH isolation mode debt limit has been increased to 200 million DAI.
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According to a report by Jinse Finance, on-chain analyst Yu Jin wrote that Justin Sun spent another 11,000 ETH (US$419,400) last night (9 hours ago) to continue buying PT tokens of three LRTs that expire on June 27: 5,000 ETH to buy 5,039.7 PT-weETH; 5,000 ETH to buy 5,025 PT-pufETH; 1,000 ETH buys 1,005.3 PT-rsETH. At present, Justin Sun has spent a total of 44,000 ETH in the past four days to buy PT tokens of three LRTs that expire on June 27 on Pendle. After expiration, he can obtain a currency-based income of about 419 ETH (US$1.6 million).

Cork Protocol: wstETH:weETH market has encountered a security incident and has suspended all markets.

According to ChainCatcher news and the announcement from Cork Protocol, at 11:23 UTC today, a security incident occurred in the wstETH:weETH market on the platform. To prevent the risk from expanding, Cork has suspended all other market trades, and no other markets are currently affected. The team is actively investigating the cause of the incident and will continue to update on relevant progress.
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Cork Protocol confirms that the wstETH:weETH market has experienced a security incident and has suspended all markets.

PANews, May 28 news, according to the Cork Protocol announcement, today at UTC time 11:23, a security incident occurred in the wstETH:weETH market on the platform. Currently, to prevent the risk from expanding, Cork has suspended trading in all other markets, and no other markets are affected at this time. The team is actively investigating the cause of the incident and will continue to update on relevant progress.
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ether.fi announced the launch of the Berachain incentive reserve pool

BlockBeats reported that on January 1st, Ether.Fi, a staking protocol on Ethereum, announced the launch of Berachain, an incentive-based pre-deposit vault, which supports deposits of weETH, WETH, stETH, eBTC, wBTC, cbBTC, and LBTC. After the Berachain Mainnet is launched, deposits will be held for 90.
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Paidun: A whale's leveraged long position of 1500 weETH has been liquidated

BlockBeats News, on March 11, according to Paidun monitoring, an address holding a leveraged long position of 1,500 weETH (with a total debt of about 2.27 million DAI) has been liquidated. After the ETH price fell below $1,800, its 643.78 weETH (worth about $1.23 million) was confiscated.
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ether.fi: The weETH bridging service on StarGate will be unavailable for up to 2 hours due to regular maintenance of OFT.

Odaily Planet Daily News, ether.fi announced on X platform that it is undergoing regular maintenance for OFT. The weETH bridge on StarGate will take about 2
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ether.fi: The stake rewards will be launched on October 15th

ether.fi will launch the staking rewards on October 15th. Holders of weETH or eETH can receive stake, re-stake, and Season 4 rewards; eETH holders will receive the initial re-stake rewards in the form of LRT²Token, and the rewards will be distributed in a linear manner every Thursday.
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Deploy Aave to ether.fi weETH related market

On September 10th, Aave announced the on-chain deployment of the ether.fi weETH dedicated market, allowing users to borrow stablecoins using weETH. This is the second dedicated instance following Lido last month.
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weETH has surpassed wstETH to become the largest Collateral borrowing WETH supply on Aave V3 mainnet

Golden Finance reported that according to research analyst @gablahbo from IntoTheBlock, weETH has surpassed wstETH to become the largest Collateral for borrowing WETH on the Aave V3 mainnet, indicating that the liquidity collateral tokens are rapidly gaining popularity.
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Data: A certain Address was liquidated for 1850 weETH due to the price drop, worth about 454 million US dollars

ChainCatcher news, according to PeckShieldAlert monitoring, Address 0x678f…4954 liquidated when the price of weETH fell to about $2,478, a total of 1,850 weETH (about $4.54 million) was forcibly close position.
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Pai Shield: 1850 weETH was liquidated for a certain Address when weETH dropped to $2478

BlockBeats news, on February 27th, according to the monitoring of Paishield, when weETH fell to about $2,478, a certain Address (0x678f...4954) was liquidated for 1850 weETH (worth about $4.54 million).
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Jinse Finance reported that the Ethereum staking protocol ether.fi announced that ZKsync will airdrop over 5.64 million ZK tokens to platform users, and weETH will soon be available on ZKsync.
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Golden Finance reported that Ethena announced its integration with Aave, allowing users to deposit USDe into the Aave protocol and leverage it with other stablecoins on Aave. Additionally, users can deposit stETH, weETH, ETH, and WBTC on Aave to borrow Ethena USDe or sUSDe.

Mode launches the EtherFi x Mode Turbo Bonus program

Odaily Mode announced the launch of the EtherFi x Mode Turbo Bonus program on the X platform, which will be carried out on Mode through ether.fi of weETH on Mode for the next 14 days, and users can earn 3x EtherFi points plus and up to 4x Mode points.
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