Solv Protocol $2.7M Exploit: Don't Panic, Funds are Safe!
Solv Protocol recently faced a "limited exploit" on its BRO vault, resulting in a loss of ~38 SolvBTC
The Good News:
✅ Only <10 users were affected.
✅ $SOLV is covering 100% of the losses.
✅ All other main vaults and SolvBTC reserves are SAFE.
The team is already working with CertiK and SlowMist to ensure this doesn't happen again. This is a great example of a team taking responsibility! 🛡️