Over $80 Million Stolen From DeFi Lender Rari Capital

The decentralized finance lender Rari Capital was exploited over the weekend, with over $80 million swiped. Fei Protocol, which merged with Rari last year, offered the anonymous attacker a bounty of $10 million if they returned the funds.

All Tribe DAO managed pools (8, 146, 156) have had the interest rate curves of markets with bad debt fixed to a low rate.

Fodl Finance (127) and OlympusDAO (18) have elected to do the same and the team woriking with the remaining two pool operators about how to move forward.

Jack Longarzo (@JackLongarzo) April 30, 2022

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