Concentric.fi: A team member holding a contract deployer wallet was subjected to a social engineering attack

Concentric.fi posted on the Exploitation of our Agreement. The vulnerability was initiated via a social engineering attack that compromised the deployer's wallet, with the attacker exploiting the vulnerability to upgrade the vault, mint new LP tokens, and then deplete the platform's assets. Concentric.fi has launched a thorough investigation and has contacted a number of security researchers to analyze the vulnerability and prevent future damage and identify exploiters. In addition, the project team will release a detailed post-mortem analysis report as soon as possible to help users gain an in-depth understanding of this incident and its plan to resolve the vulnerability. The platform is currently exploring all possible options to mitigate losses and safeguard the interests of the community.