Exploit Fix in Convex Finance Smart Contract Causes Mass Unlock of CVX Tokens
The Convex Finance team used a new smart contract to resolve the bug, resulting in the unlocking of millions of CVX tokens. The Convex Finance team warned users on Twitter on March 4 that it had reallocated the smart contracts responsible for the vote blocking management mechanism? after discovering a bug that would provide some users with disproportionate rewards. “There were no use cases [of the bug] prior to the deployment of the new vlCVX…