Yearn Finance Treasury Loses $1.4M Due to Script Error
Yearn Finance's recent $1.4 million loss due to a script error highlights the ongoing security challenges in the DeFi sector, despite their efforts at improvement.

Yearn Finance's recent $1.4 million loss due to a script error highlights the ongoing security challenges in the DeFi sector, despite their efforts at improvement.
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This stash, known as protocol owned liquidity (POL), belonged solely to Yearn's treasury and did not involve any user funds.
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The widely-popular DeFi protocol announced its support for the newly-passed ERC on Wednesday, stating that “Yearn V3 + ERC-4626 = inevitable.”