Alchemix: alETH vault is open, deposit function enabled

Odaily Planet Daily News The DeFi lending agreement Alchemix posted on the X platform that the alETH vault has been opened. According to AIP-97, the team took two actions: 1. AlETH Alchemist has been restored, and all deposit functions have been enabled; 2. Redirect revenue stream, self-liquidation and repayment to AMO, not transmuter. Note: AMO will only hold this ETH. It will not deploy it in any liquidity pools unless directed by future governance proposals on the path of alETH, which may include re-establishing the AMO. According to previous news, on July 30, Curve Finance notified Alchemix that due to a vulnerability in Vyper, its alETH/ETH pool may be attacked. Alchemix acted quickly to remove AMO-controlled liquidity from the Curve pool through the AMO contract, but there is still about 5,000 ETH liquidity controlled by AMO in the pool. The vulnerability was implemented on the Curve pool contract. The Alchemix smart contract has not been attacked in any way and funds are safe.