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Camelot: Gamma Vault has suspended deposits and has unlocked the vault’s spNFTs so users can withdraw

Camelot: Gamma Vault has suspended deposits and has unlocked the vault’s spNFTs so users can withdraw

CointimeCointime2024/01/04 06:59
By:Cointime

Arbitrum ecological DEX Camelot released a security update for Gamma:

Gamma has suspended deposits in its treasury to prevent further risks;

Camelot core protocol/algebra remains completely safe and unaffected; the exploit seems to only target Gamma's stable treasury;

Although this issue should be mitigated, we have additionally unlocked spNFTs in the Gamma treasury for users to withdraw;

We are working with all parties involved and security experts;

We will continue to provide updates as much as possible.

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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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