read.cash Log in
@ircrp more from that month

Following the post https://noise.cash/post/1x00pnz2 highlighting a vulnerability in ERC-20 Smart Contract of MATIC, there has been a very quick turnaround over the night from the Polygon team (formerly Matic) who have effectively removed the ability to pause their smart contract (the highlighted vulnerability) which has consequently lead to re-assessment by MakerDAO's internal auditor and conclusion that the vulnerability is no longer present. This will most definitely lead to a greenlight pool in the coming weeks on MakerDAO for MATIC ERC-20 token to be onboarded as a collateral, with the Polygon treasury already lined up to opening a vault and seeding $50 million of MATIC tokens as liquidity on Maker. Sources: https://forum.makerdao.com/t/matic-erc20-token-smart-contract-technical-assessment/9140/2 https://forum.makerdao.com/t/matic-mip6-collateral-onboarding-updated/8318/8 https://forum.makerdao.com/t/matic-mip6-collateral-onboarding-updated/8318/14?u=hamzah_khan https://twitter.com/bantg/status/1411618670669881344 #NoiseCash

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.