TechFlow news, August 10 — According to Decrypt, DeFi protocol Stability DAO stated that approximately 20% to 30% of its Metavault funds were affected by the CrediX attack. Stability DAO is collaborating with Sonic Labs and other impacted protocols, drafting a detailed report to track the team and the attacker, and striving to recover the funds.
Meanwhile, the protocol is developing a compensation and recovery plan, expected to be implemented within as early as two weeks. MetaVault is anticipated to reopen next week, with further details to be announced. It was reported that Stability DAO integrated with CrediX about a week ago, introducing additional yield opportunities to the platform.
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