Infinex founder: Previously a top five LP on Balancer, would have lost everything if a similar attack had occurred at that time
ChainCatcher news, Infinex founder kain.mega posted on X saying: "I was once among the top five liquidity providers (LP) on the Balancer platform, maintaining that position for about a year. The funds were leveraged, using SNX as collateral to borrow, and then swapping SUSD for Weth/WBTC. If an attack like today's had happened back then, I would have lost everything. I knew the risks, but even at that time, the v2 version already had some risks. It's really crazy."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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