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