Multichain has some suspicious activity.
06 Jul 2023, 20:04
Multichain has some suspicious activity. Some evidence points to a migration of addresses while other evidence points to a hack.
If you're an LP on VelodromeV2 its best you remove LP until they make an announcement. The bridge into Arbitrum is already frozen to prevent any malicious activity. By breaking LP you can protect yourself against any negative outcome if we need to snapshot and redeploy on optimism. Damage is already minimalized and arbitrum tokens are unaffected because they arent multichain tokens.
TLDR: optimism users farming on velov2 should remove LP and in the worst case this isnt planned by them there would be very minimal damage as we could just snapshot.