Curve emergency DAO terminates rewards for hack-related swimming pools

The Curve Finance lending protocol has terminated governance token rewards for choose liquidity swimming pools affected by the July 30 Curve exploit and July 6 Multichain exploit, based on an Aug. 2 social media put up from a member of the protocol’s governing physique.

The ending of rewards was carried out by the Curve emergency decentralized autonomous group (Curve E-DAO), a committee made up of choose members of the Curve DAO governing physique. It affected swimming pools for alETH+ETH, msETH-ETH, pETH-ETH, crvCRVETH, Arbitrum Tricrypto and multibtc3CRV, based on the announcement. The choice may be overridden sooner or later by a full vote of the Curve DAO.

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