Difference between revisions of "Eleven Finance"

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Latest revision as of 08:52, 23 January 2022

Basics

History

Governance

Admin Key

DAO

Treasury

Audits & Exploits

Bugs/Exploits

"Eleven Finance returned all of the $4.5M stolen after an attacker reached out with an assistance from Peckshield."

"Exploited for a total of $4.5M. The attacker first took a Flashloan of each asset’s underlying token balance in the “MasterMind” contract (Binance-pegged BTC, ETH and USDT) to convert these into nrvBTC, nrvETH and nrvFUSDT respectively. Nerve 3Pool and PancakeSwap BUSD - NRV liquidity provider positions were also affected. A vulnerable function emergencyBurn() in the intermediate vault contract allowed the attacker to withdraw the deposited balance without having the withdrawal being accounted for internally. As a result the attacker was able to not only remove his own deposit but the full balance of the same amount that had been in the vault before as well. The attacker used the Nerve bridge to transfer out 2,293 ETH in proceeds to the address 0xdb2d590aCe7cAe51DF1fB3312738038Ec032Bf33. Peckshield blamed this on a “dumb logic issue”; a shockingly simple way to lose over four million dollars."

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partners

Team

  • Full team can be found [here].

Funding

Partners

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