GHO Stewards are proposing parameter updates to address GHO's persistent discount below par. These include raising the Horizon borrow rate, adjusting GHO Stability Module (GSM) burn fees for USDC and USDT, and increasing GSM capacity on Monad Network to support greater GHO minting volume.
The YSDAO project on BSC experienced a liquidity pool attack on PancakeSwap V2, where a hacker manipulated reserves to extract funds. The approximate loss was $19,500.
The TGAI project on BSC suffered a reserve manipulation attack on PancakeSwap V2, where a hacker used a flash loan to manipulate reserves and extract approximately $11,940 in profit.
The BCE-USDT liquidity pool on PancakeSwap (BSC chain) was exploited due to a vulnerability in the BCE token's burn mechanism, resulting in a loss of approximately $679,000. An attacker used malicious contracts to bypass restrictions and manipulate reserves.
The AM/USDT pool on BSC was exploited due to a vulnerability in its burn mechanism, allowing manipulation of AM reserves and artificial price inflation. An estimated $131,000 was lost.