It's time to spread the Butter and savor sweet success! We are excited to unveil a building block for the next phase of DeFi: Butter Finance, the premier decentralized meta-governance and yield-boosting platform for Pancakeswap’s upcoming veCAKE model. Flip, stack, Butter! 🧵

Soon(TM) #veALCX

We're happy to support @mosaicnetwork__ and their initiative to make knowledge more accessible! We've contributed our content to their community-powered knowledge base, and you can too. https://t.co/RIuO8MJbad

this week on @ArchimedesFi Understanding Protectecd Single Pools and the utility they bring by partnering with protocols like @AlchemixFi , @MetronomeDAO and @reserveprotocol by offering PSPs on Pools that utilize their tokens. 📜 Archimedes Protected Single Pools…

Happy Halloween! @AlchemixFi

We’ve just paid a $100k @immunefi bug bounty! The reported bug could allow someone with significant capital to create un-backed $alETH on Optimism and Mainnet. ✅ Bug is now fixed ✅ No user funds at risk Thanks to Koiush & Immunefi for working with us. Full report coming.

[AIP 99] Mainnet alETH Rebacking Plan and Initial $alETH/$ETH LPer Refund Plan is live for voting! Cast your vote ↓ ☑️ [AIP-99] Mainnet alETH Rebacking Plan https://t.co/56ItzvSL0a @CurveFinance

Our @FantomFDN x @MultichainOrg refund system is here! You can now redeem your FTM $alUSD and $gALCX for assets on @optimismFND using our guide below ↓ https://t.co/h2qVQLnDvr

FRAX nation making friends and growing rapidly on @arbitrum $frax $frxETH $dola $grai $alUSD @AlchemixFi @InverseFinance @gravitaprotocol

📰 Newsletter time! Catch up on the latest wizardry in Edition 16 of our Community Newsletter. 🧪 New Financial Report 🧪 The @CurveFinance Hack 🧪 $alETH Vaults Reopen 🧪 Restoring $alUSD 🧪 Shall we @ConnextNetwork ? https://t.co/SzyKFLgQOE Cover art by @_Jacob______ 🧙‍♂️

1) Borrow from a yield-bearing position: Through money markets and stablecoin protocols such as @AaveAave and @raft_fi , LSTs can be deposited as collateral to take out loans. Users can use it to fund real-life expenses or amplify ETH staking rewards via leverage.

It's finally here. [AIP-90] Deploy Alchemix on @arbitrum is up for vote! Cast your vote ↓ ☑️ [AIP-90] Deploy Alchemix on Arbitrum https://t.co/OHuP9Br98U 👀 [AIP 98] Mainnet alETH Rebacking Plan and Initial alETH/ETH LPer Refund Plan is in also in discussion on our forum!

gm to our @fraxfinance frens! 🌊 Enjoy the APRs ❤️

Alchemix development in progress:

🚨 @coinbase 's Moral Dilemma: Profiting from a Hack While Victims Await Reimbursemen🤔 THREAD (1/9):

Friday Fireside! 🏕️🔥 This week we welcome the unflappable @lowpolyduck from @taho_xyz ! He'll be talking about: • What Taho is • What's new since the last fireside? • Why is there a Duck on the team? 📅 Friday 29th Sept ⏰ 12:00 UTC Join with the Discord link in our bio!

🚨 We said sayonara to Sushi ALCX rewards 4 months ago 🫡 If you're still in our Sushi $ALCX / $ETH LP, you should migrate your liquidity to @Balancer / @AuraFinance now to continue earning yield. How? We made a guide, and an easy migration tool 👀 👉 https://t.co/iMDcGJLL9r

Following the recent @CurveFinance exploit, we have released a brief Post Mortem explaining events in more detail. 👇 🔗 https://t.co/ZV5mFC9pKu

The balancer frontend is under an attack. The issue is currently under investigation. Please do NOT interact with the balancer UI until further notice!

Bridging just got easier! 🚀 We’ve just pushed our new streamlined, revamped @ConnextNetwork powered $alUSD bridge and UI. Enjoy faster and simpler bridging with only two steps! $alETH and $ALCX bridge opening soon(™️) https://t.co/Zx8o2ATG1J

Announcing Den on @BuildOnBase ! We're pleased to share that Den is now available to @safe users on @BuildOnBase Join leading teams using Den to move faster on Base👇

Did you know that you can borrow a self-repaying loan to defer taxes & buy ETH more efficiently? @AlchemixFi was an early pioneer in tokenized future yields. In this week's DeFi showcase, let's explore how to leverage self-repaying loans to deploy your crypto more efficiently🧵

. @Coinbase received 570 $ETH to process transactions related to the @CurveFinance exploit. Exploit victim @AlchemixFi reached out to seek a refund for victims, but Coinbase apparently hasn't turned over the money. https://t.co/d8M19QjG7P

1) Investors in @AlchemixFi lost over $13m in the recent @CurveFinance hack, but together we've been able to recover most of that 🙏 But would you believe me when I said that of all companies, @coinbase REFUSES to give back over $1m of the stolen funds? So insane! Read 👇

Join us tomorrow at our normal time Alpha Lounge will be live with @AlchemixFi and @reserveprotocol 🫡

Join us next Tuesday @ 9AM PST / 12PM EST for our Bi-Weekly Alpha Lounge AMA This week on the Alpha Lounge we have @AlchemixFi and @reserveprotocol to chat about #LSDs and #LSTs Mark it in your calendars!

Today we have deployed our second beta strategy! 🏦 G(r)eeks will soon be able to jump in on the Protected $alUSD / $FRAXBP Pool. Our partnerships with @AlchemixFi and @fraxfinance are only just the beginning More deployments coming #soon!

👀

alETH vaults are open!! 🔮 As per AIP-97, we have actioned two things: 1⃣ Resumed the $alETH Alchemist. All depositor functions have been enabled! 2⃣ Re-directed yield flow, self-liquidations, and repays to the AMO instead of the transmuter. (Note: The AMO will only hold this ETH. It will NOT deploy it in any liquidity pools unless directed by a future governance proposal regarding the path forward for alETH, which may include the re-establishing of the AMO) 🔗 AIP-97 - https://t.co/qe15axGwFZ

Thank you also to MEV bot owner 0xa19E4Fec1624c87fE0DD307103Ffc5923cE89BeF for returning 0.029216 ETH https://t.co/zAXRDH71LO Every Wei returned to our LPs is tremendously appreciated! 🙏

Like only a experienced Potion master could, @AlchemixFi are mixing up some great innovations in Defi. You may have heard of them because of their self-repaying loans but they are more than that. They're also a Partner of our protocol! Let's get into Alchemix shall we?

We are so thankful to a whitehat MEV bot operator who returned 43.3 ETH made from arb profits following the @CurveFinance exploit of the $alETH / $ETH pool. This will be added to funds for redistribution. Return Tx https://t.co/UgQ5ag71y8 https://t.co/8TIbR3BRSZ

What's in the bottle @OctavFi ?

[AIP-98] Multi-Tenant veDAO Launchpad is up for vote. The proposal has been set for 8 days to allow sufficient time to understand the final version of the project. Cast your vote here ↓ ☑️ [AIP-98] Multi-Tenant veDAO Launchpad https://t.co/KWo1GOAHJS

Hey @velodrome $VELO veVELO holders, We've got some juicy rewards for $alUSD this week (and going forward). Get in before the vote ends in a couple of days.

My first print on my new 3d printer. Not bad for the first test print

Governance update 1/ ✅ AIP 96 has been executed as per this link and all parties have been reimbursed. 🔗 https://t.co/CdjFWDjWmQ We used an $ETH price of $ 1646 and $alETH price of 0.83. Bridgers have been refunded per option 4 as a result of the vote. https://t.co/WeHUrnDp7k

Over 98.7% of liquidity initially deemed vulnerable is now SAFE. As of writing, the vulnerability has not been exploited. However, 0.42% of total TVL ($2.8 million) remains at risk, with users advised to withdraw ASAP using the UI. https://t.co/PDzX32fSpk

We have 3 AIPs live! Voting ends Friday. Vote here ↓ [AIP 95b] Multichain Response - Fantom [REVOTE] https://t.co/PfDXOddpUD [AIP 96] Stuck $alETH Bridger Resolution https://t.co/WeHUrnDp7k [AIP 97] Resume alETH Alchemist, re-direct ETH backing to AMO https://t.co/FY7cTgHJvU

Teaming up with @AlchemixFi has been a game-changer. Despite being late additions to the platform, they have gained serious momentum. Brace for more to come! We're just getting started! 🚀

As partners of @ConnextNetwork , we’re excited to share that if you used Alchemix before August 1st & qualify for their airdrop, your score is multiplied by 1.5! 🔗 Check your eligibility at https://t.co/KOInXQDR2V & get ready for the crosschain airdrop on Sept 5th!

There's a lot of neat DeFi stuff coming out, and I can feel my neurons getting excited again. But I'm more hyped for what @AlchemixFi has got (slow) cooking. Still gotta focus on the curve hack aftermath, but after that, we'll be serving up some nice stuff.

AIP 95a is up for revote. Please note this is ONLY the $alUSD portion which has been unaffected by the $alETH Curve exploit. Cast your vote here ↓ ☑️ [AIP 95a] Multichain Response - @optimismFND and @arbitrum https://t.co/ZXqRVN4Gow

Curve exploit update: Following the hacker returning all $alETH / $ETH stolen, we will be taking no further action against them. We are currently working on a full post mortem and a recovery plan which will be announced in due course.

The deadline for the CRV/ETH exploiter passes https://t.co/VphQ0bfYr2

We are extremely happy to announce that all funds stolen by the hacker of the Alchemix @CurveFinance pool have now been returned. Full post mortem coming.

We would like to thank the @CurveFinance exploiter for returning a total of 4,819 $alETH and 2259 $ETH so far. We are looking forward to continued collaboration, resulting in the return of remaining funds.

We have received the test tx funds at 0x9e2b6378ee8ad2A4A95Fe481d63CAba8FB0EBBF9

dear hacker, you might want to have a look

We are working hard behind the scenes right now. Will update soon.