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HomeCrypto NewsVenture-Backed Saddle Finance Proposes Wind-Down, Dissolution

Venture-Backed Saddle Finance Proposes Wind-Down, Dissolution

The snap poll comes after the monumental hack of decentralized exchange (DEX) giant Curve last month, which ripped through Ethereum’s decentralized finance (DeFi) ecosystem and, according to Srivatsa’s blog post, reminded Saddle’s team of the ever-present threat of exploitable bugs. He said the protocol’s developers need to step back from the project by September 30, 2023.

www.coindesk.com

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