Proposal: Disable deposits on AXS

DAO Archive (SUBMITTED)
1

This proposal is expected to appear on Snapshot for voting on 2022-04-02T23:00:00Z. Make sure to stake your vBNT for voting before this date and time to participate in the DAO decision.

To pass, this proposal needs a quorum of 35% and 66.7% FOR votes.

TL;DR

  • Axie Infinity has suffered from a social engineering attack.
  • The attackers took 173,600 ETH and 25.5M USDC.
  • Deposits in the AXS pool were immediately disabled. This proposal seeks to confirm the DAO’s intent to disable deposits. A proposal to re-enable them in the future will be posted.

Voting Instructions

  • To disable deposits temporarily on AXS, vote FOR this proposal.
  • To allow the AXS pool to continue accepting liquidity, vote AGAINST.
  • You may ABSTAIN to help reach quorum, without making a decision one way or another.
2 Likes
2

They didn’t take any AXS or Axies that I’m aware off though right?

3

Seems like its all locked at the moment.

I would very support support enabling deposits once we see that all is clear.

4

For * Axie Infinity has suffered from a social engineering attack.

  • The attackers took 173,600 ETH and 25.5M USDC.
  • Deposits in the AXS pool were immediately disabled. This proposal seeks to confirm the DAO’s intent to disable deposits. A proposal to re-enable them in the future will be posted.
5

Yeah this is just as precaution in case more funds (namely AXS) are taken as part of the attack. We can aim to enable deposits in a couple weeks to follow DAO process.