Pancakebunny Security Code Change
The new and rapidly growing DeFi yield aggregator, Pancakebunny previously suffered from flash loan attack but according to their assessment there were funds or asset have been lost or affected. With regards of this issue, the Pancakebunny team decided to change their security code to protect their investors and customers.
BRIEF INCIDENT HISTORY
The perpetrator transferred USDT and BNB to the Pancakeswap Pair contract, which called the minting of PancakePair contract pointing the receiver to the contract itself and the LP tokens remained on the PancakePair. The theft then called to remove liquidity and got the redundant LP tokens, resulting in the minter misunderstanding the redundant LP tokens as performance fees and minting an excess amount of Bunny.
In connection with the uncertain circumstances, the Pancakebunny team made some changes on their security code to prevent the same type of Flash Loan attack to the platform. Team Bunny have already taken steps to ensure future security and safety.
ABOUT Pancakebunny
PancakeBunny is a new and rapidly growing DeFi yield aggregator that is used for PancakeSwap. The PancakeBunny protocol empowers farmers to leverage their yield-seeking tendencies to optimize yield compounding strategy on BSC. We are providing strategies for the various needs of farmers from the highest yield seekers to the risk reward optimizing smart investors.
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