Yearn Finance: A Closer Look at the Recent Vault Incident
Yearn Finance, a well-known player in the decentralized finance (DeFi) space, recently revealed an issue with its yUSND vault on the Arbitrum network. The problem was caused by a lack of liquidity in the USND token, which led to significant slippage when swapping liquidation rewards. This incident specifically affected the vault's rETH Stability Pool Strategy, where ...