BOB
  • 👋BOB Stablecoin
  • BOB Info
    • 🗺️BOB Ecosystem
      • Mellow Protocol Vaults
    • 🦊MetaMask
      • Swap BOB with Metamask Swap
    • 🔁BOB Swap
    • 🦄Uniswap v3
    • 🙋‍♀️BOB FAQ
  • BOB CDP
    • ℹ️About
    • 💡Use Cases
    • 👨‍🎤System actors
    • 📚System configurations
    • 🏦Vault health
    • 🏘️User flow examples
    • 👨‍💻Technical docs
      • Position valuation (technical)
      • Liquidations
      • Deployment addresses
      • Smart Contracts
        • NFTVaultRegistry
        • NFTVault
        • UniV3Oracle
        • ChainlinkOracle
        • DebtMinter
        • SurplusMinter
    • 🙋‍♂️CDP FAQ
  • BOB DAO
    • 🧑‍🤝‍🧑Governance
      • BOB DAO
      • Protocol Governance
        • GP 0: Increase SAFE membership
        • GP 1: Bob Swap beta testing infrastructure
        • GP 2: Upgrade Contracts to v1.0.0
        • GP 3: Enable Bob Swap for Public Use
        • GP 4: Increase Multisig & Upgrade BOB contract on all networks
        • GP 5: Enable Bob Swap on Ethereum Mainnet
        • GP 6: Upgrade zkBob to support direct deposits
        • GP 7: Increase Multi-chain Inventory and Update Bob Swap
        • GP 8: Extend pool limits for KYC'd users
        • GP 9: Deactivate Kyberswap inventory pairs [Emergency Measure]
        • GP 10: Reallocate previous Kyberswap inventory
        • GP 11: Add 24 hour timelock to BOB contract on Optimism
        • GP 12: Raise Polygon limits
        • GP 13: Launch BOB CDP
        • GP 14: Migrate BOB pool to USDC on Polygon
        • GP 15: KYB tiers on Optimism
        • GP 16: Remove excess inventory on Arbitrum and BNB Smart Chain
        • GP 17: Remove excess inventory on Optimism and Ethereum
        • GP 18: Remove excess inventory on Polygon
        • GP 19: Accrued Revenue Allocation
        • GP 20: Migrate BOB pool to USDC on Optimism
        • GP 21: BOB inventory reduction
    • 📋Inventory
      • Inventory Actions
  • BOB Resources
    • 🧩Visual Assets
    • ⛓️Links
Powered by GitBook
On this page
  1. BOB DAO
  2. Governance
  3. Protocol Governance

GP 9: Deactivate Kyberswap inventory pairs [Emergency Measure]

PreviousGP 8: Extend pool limits for KYC'd usersNextGP 10: Reallocate previous Kyberswap inventory

Last updated 1 year ago

Proposal confirmed and executed.

  • Ethereum: Safe: Tx:

  • Binance Smart Chain: Safe: Tx:

On Monday, April 17 2023 Kyberswap informed the BOB team about a . As a precautionary measure, all LP managers were highly encouraged to close their LP positions until further notice. This proposal closes these positions worth 9M BOB on Ethereum Mainnet and the Binance Smart Chain.

It is proposed that all withdrawn funds will be kept on the governance wallet address (0xd4a3d9ca00fa1fd8833d560f9217458e61c446d8) until further actions are requested by Kyberswap.

New inventory positions will likely be re-created once patches are applied and confirmed on the Kyberswap protocol. This decision will be addressed in a subsequent proposal.

Proposal objective

Disable 5 inventory pairs on Kyberswap:

  • BOB/USDC on Mainnet (2,000,000 BOB)

  • BOB/USDT on Mainnet (2,000,000 BOB)

  • BOB/USDC on BNB Chain (2,000,000 BOB)

  • BOB/USDT on BNB Chain (2,000,000 BOB)

  • BOB/BUSD on BNB Chain (1,000,000 BOB)

🧑‍🤝‍🧑
Transaction #12
https://etherscan.io/tx/0x525a434a05668791df3826d1bfe937658f8c52969dcb9b5fcc7815d0eb1c9217
Transaction #8
https://bscscan.com/tx/0xee898220f074fb750d71777f7d8514a0f1b86c9fcff9576a319875eedb805958
potential zero-day exploit found in their protocol