ValueDeFi exploited for $11 Milion

[Zed0X]

I don't understand all the details but, apparently, attackers were able to drain the 9 pools on the platform siphoning $11 Million.

If you have technical knowledge on coding, here's the article for you - ValueDeFi Incident: Incorrect Weighted Constant Product Invariant Calculation

Summary

This incident was due to the mis-calculation by the protocol on the adopted weighted constant product invariant for non 50–50 ratio pools. There is no flashloan or price manipulation involved. The consequence of mis-calculated invariant allows for draining of affected pool funds. Currently, the bug has been exploited to attack 9 non 50–50 ratio pools with the estimated loss of $11M.

Coinmarketcap also covered the story HERE and enumerated the affected pools:

• 15k BNB – 2.7k
• FARM – 1.7k
• BASv2 – 8.5M
• BDO – 68.3k
• BUSD – 41.4k
• MDG – 945k
• VBOND – 1.2M
• BAC – 11k FIRO