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Re7 Labs threatens whistleblower over exposure to yield vault collapse

Re7 Labs has sent a cease and desist letter to a “whistleblower,” in response to accusations that it failed to manage risk in certain vaults.

DeFi yield aggregator Yearn discloses September incident in yUSND vault

A Yearn Finance contributor has reported losses due to “severe slippage” on one of the USND vault’s strategies.

The chaotic pre-deposit phase aimed to allow users to deposit USDC in return for USDm once MegaETH’s mainnet goes live next month.

Proposal GIP-143 cites extensive community discussions about KPK’s performance, cost, risk exposure, and alignment with DAO objectives.

The fallout from the collapse of Stream Finance has left users frustrated with the lack of progress from vault curators like Re7 Labs.