DeFi Platform Yearn Loses Large Portion of Treasury in Token Swap Mistake

Yearn, a DeFi platform, has suffered a significant loss after mistakenly swapping all of its lp-yCRVv2 tokens for yvDAI. The platform has requested that those who profited from the mistake return the funds. Yearn has acknowledged that the mistake was caused by a logical error in the script used to swap tokens, which lacked sufficient output checks. The losses incurred by Yearn's treasury amount to approximately 63%.

yearn.finance $6,997.27

+0.54%

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