Wrapped Sei (WSEI)

Wu said he learned that BlockSec Phalcon detected a suspicious transaction on the SEI chain: the attacker borrowed approximately 1.96 million WSEI (about $240,000) via a flash loan through the synnaxfi contract, but did not repay it.

Monitoring shows that this situation may be related to a previous erroneous transfer: the relevant address mistakenly transferred tokens into the contract in the transaction preceding this one, objectively providing the source of funds for the transaction. https://t.co/7OvyafNCGc

What happened in the pre-deposit phase on Clovis of Yei Finance?

The 750k $WSEI cap was reached in just about 10 minutes after vaults went live.

Other vaults were also filled almost instantly.

Next phase is coming soon, don’t miss it.

DeFi moves too fast on Yei. https://t.co/vrld4AvFor