AutoFarm Proposal: Collaboration with Venus

Bscuser1 · September 23, 2021, 7:40am

As a BCS user. Trust is very important for the community and ecosystem to grow. Without helping lost funds and keeping it and not refunding will not help Venus nor Auto, so I support this proposition.

Madjx · September 23, 2021, 6:35pm

Sir why autofarm doesn’t return their own loss ?

Yum · September 24, 2021, 4:58am

Please like my counter proposal

gon · September 25, 2021, 5:48am

What’s the next step ? We, ve been wait so long time.

Hiromatsu · September 25, 2021, 8:45am

Next steps will most likely be:

implement new xvs vault
implement vai stability fee
fix something that needs fixing
implement some improvements
vote on Autofarm Proposal - result: denied
proceed with developement of usefull stuff

jshawsworld · September 26, 2021, 9:40am

Sounds like a fair offer from Autofarm that’s beneficial to the venus community. More importantly, it’s morally right to compensate those affected in the autofarm community. Doing the right thing can go a long way fostering collaborative spirit among defi protocols.

Hiromatsu · September 26, 2021, 10:54am

“Everything has already been said, but not yet by everyone.”

— [Karl Valentin]

Yum · September 27, 2021, 6:11am

“It is a fine thing to be honest, but it is also very important to be right.”

Winston Churchill

BinanceBeliever · September 30, 2021, 3:11pm

banteg on Twitter: “Just a reminder that the literal interpretation of “code is law” is dumb. Behind every code there is some intent. There was no intent to give outsized rewards in Comptroller, so it’s a bug. Thus, you should return any excess COMP if you got any.” / Twitter

banteg on Twitter: “Quite perplexed by people losing their temper after learning code is not law. Smart contracts are merely tools to codify and efficiently scale trust, the overarching rules and changes to them are decided by people.” / Twitter

banteg on Twitter: “Compound issue shows there is a really hard trade-off between permissionlessness and the ability to quickly and discreetly patch up vulns. The community always demands things like timelocks, but they can do a lot of harm when things go south.” / Twitter

BinanceBeliever · September 30, 2021, 6:31pm

Even black hat hackers get no joy from stealing funds from users

(1) eleven.finance on Twitter: “Important update for our Eleven Finance community. With regard to our previous Nerve Vault Exploit on BSC and recent communications with @peckshield we are sharing the following message: https://t.co/xdpA9suTiV https://t.co/xm5bxxHKaT” / Twitter

criptounion · October 1, 2021, 3:11pm

Well said!

As adults they must be responsible for their mistakes, pay their users and show them that they are not just tyrants.

gon · October 6, 2021, 6:13am

What’s the next step ? We, ve been wait so long time.

Oh.

BOgui2 · October 6, 2021, 9:29pm

It takes too long to solve the problem. I think it’s not good for all ,specially for the trust.

hhhhhhhhhh · October 7, 2021, 5:23am

well said! but can anyone tell me when can I get my money back?

BOgui2 · October 10, 2021, 6:09am

Bonjour. J’ai egalement perdu des tokens et comme vous je pense que la proposition est bonne.Quand a lieu le vote?et comment faire pour voter.Merci d’avance pour toutes les infos.

cloudcompass · October 10, 2021, 7:54am

You need to get all the reserve money to 100%. Decrease interest rates by a fraction. Put that in a fund to back up all people investing money. Why? Because you have like 5B. Then take your fee’s up. Charge more to stake down coins. Maybe 4% or 5%. THen take that money, and put it into your Venus coin to gain value. Take additional fractions which arise above the full guarantee back up money, and also begin to take tht into Venus value. You then have a 100% stable platform with 0% risk, which has a future for your main coin… Your numbers look all giggie and scarie to me. So I backed away not fully confident that I could count on this in a potential 6 month market crash.

ideal · October 10, 2021, 10:59pm

First: I completely agree with the refund to autofarm users, we must help each other especially when it cost nothing.

Secondly: Why this stuff isn’t already voted ??

Best wishes

Ahkunay · October 11, 2021, 7:30am

I’m waiting the refund then I leave @Autofarm, that’s too much ! Sorry guys, you don’t care about us !

TV77 · October 22, 2021, 9:40am

I do not get it why there can’t be an agreement between both sides. It is absolutely clear that the money from Venus V2 Autofarm incident is still in the Treasury…Looking from an ethical standpoint it should be clear that this money belongs to the people who suffered loss due to this. It would be for both sides beneficial if there would be an agreement plus it would be free marketing as this will spread out to the BSC community and further. (I haven’t been effected)

nico · October 22, 2021, 12:41pm

the proposal is fair! it has to be approved and funds given back!
this is the easiest way not to get into troubles in the future.

c’est incompréhensible que cela prenne tant de temps pour résoudre ce faux probleme… depuis le mois d’avril dernier! sérieux?
j’ai l’impression que vous n’êtes que des adolescents avec trop d’hormones et d’orgueil pour admettre qu’il faut rendre ces token.
vous savez qu’ils ne vous appartiennent pas. vous ne pouvez pas les inscrire dans votre trésorerie sous la ligne “nous avons hacké les individus qui avaient mis de l’argent sur notre protocole”.
outre l’aspect moral, qui ne concerne que la restitution de tokens injustement bloqués… quand on voit les montants globaux, vous vous doutez bien que tôt ou tard vous serez rattrapés par cette affaire. les régulateurs et/ou la justice mettra le nez dans les comptes et cela risque d’être bien pire que cette simple restitution. la justice s’interrogera elle, de savoir qui aura pris la responsabilité de garder les token… pour quelles raisons, pour quels profits? quel est le préjudice pour les individus lésés… il est évident que l’impossibilité de jouir de token au bon vouloir des propriétaires est un préjudice. cela est probablement condamnable… tôt ou tard ces questions seront mises sur la table… pas par la communauté mais par des instances qui ne vous laisseront pas 8 mois pour réfléchir à une éventuelle réponse…
sérieusement, cela en vaut-il vraiment la peine?
alors que tout pourrait se régler simplement.
plus vous attendrez plus les token bloqués prendront de la valeur et plus les personnes lésées chercheront à récupérer leur bien. je ne parle pas de ce bull run… mais vous tardez depuis 8 mois. je ne doute pas que dans deux ans ou même 5 ans rien n’aura bougé.
à combien seront alors valorisés les token séquestrés?
croyez vous que les gens ne vont pas vouloir les récupérer?
comme dit dans un message plus haut, il ne s’agit pas d’un hack. on sait où se trouvent les token.

maintenant vous devez les rendre, ou alors vous devenez vous-mêmes des hackers.