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This post is tied to the governance proposal to sunset Amun’s Solana Ecosystem Index (SOLI) Token. We would like to thank our community for supporting SOLI; however, after careful consideration, we have decided to submit a community proposal to sunset the Token. Voting will require holders to deposit their SOLI Tokens at https://dao-beta.mango.markets/dao/J5ViB3N7S3YRnrMpy7iSy57yYQaviJJDmrfGVT51z44o, and the deposited amount equates to the voting power. If the proposal passes: SOLI will be entirely rebalanced into Marinade Staked SOL, a liquid staked version of SOL that has been the base token of SOLI since its inception. Minting new SOLI will be blocked on the website and it will only be able to be redeemed. If you have any questions, feel free to reach out on Telegram. Sunsetting the Solana Ecosystem Index (SOLI) was originally published in Amun on Medium, where people are continuing the conversation by highlighting and responding to this story.

Carson · 3/22/2023

As a fellow community member and token holder, Amun is establishing a Relief Fund for eligible fellow PECO and DFI token holders who were negatively impacted by the recent hack. To apply for relief, token holders must follow the steps listed below: Navigate to repayment.amun.com, which will become available on February 20th. When prompted, impacted holders will be required to pass compliance screening and attest that they are not a resident or otherwise located in certain restricted countries. Holders must connect their wallet that held DFI or PECO and then confirm their desire to apply for relief. Once a holder has submitted their application, and the approval and screening process has occurred, then relief payments will be made via USDC on the chain where the holder held a PECO or DFI balance. The relief payment amount is based on the PECO & DFI balances and prices at the time of the hack. Please note that, at the time of the hack, PECO was worth $2.60 and DFI was worth $0.61. To qualify for the Relief Fund, impacted token holders’ must meet the following requirements: The holders’ wallet must have held PECO or DFI at the time of the hack. Holders must not reside or otherwise be located in any restricted countries. Wallets must pass compliance screening. Finally, in an effort to halt any further negative externalities from the exploit, the Amun team has created a governance proposal to update the smart contracts, freeze them, and eventually terminate them at a later date. Relevant token holders for PECO and DFI can vote on this governance proposal here ( PECO | DFI ). If the respective votes pass, the DFI and PECO tokens will be frozen on February 8th, 2023. PECO & DFI Post Hack Follow-Up & Relief was originally published in Amun on Medium, where people are continuing the conversation by highlighting and responding to this story.

Carson · 1/27/2023

PECO & DFI Post-Mortem — December 26th, 2022 TL;DR On December 26, 2022, the decentralized tokens — PECO and DFI — were compromised resulting in a loss of underlying funds that were valued (at the time) at approximately $300k. We have identified the attacker’s wallet, who is currently holding the funds at 0xf8b17Df4da32FAfDdA970aE1f76D2DbfF7091913. They were able to take control of the tokens’ rebalance-manager address and hence rebalance the tokens into fake underlyings. The attacker then minted 80 billion tokens and sold them on all available decentralized exchanges (DEXs), leading to the draining of all available liquidity pools. As a fellow community member, 21.co, the parent company of Amun, is committed to providing relief to impacted token holders. We will share details on how impacted token holders can expect relief as soon as possible. What Happened At 12:55 AM UTC on December 26th the attacker began creating fake tokens using the 0xd7948f06256831d1f0287d81bf1e6b19185aa69a address. This is an address that Amun previously used to effectuate rebalances for the tokens and was the only address that was able to rebalance the tokens. This address is considered compromised, as of now. After creating multiple fake tokens as well as a fake exchange, the attacker set the PECO rebalance manager to target the fake DEX created by the attacker for rebalance. The attacker then forced the PECO token to rebalance, swapping all the true underlying tokens to ones created by the attacker. The rebalancing process transferred all the true underlyings to the attackers wallet, where they were swapped for Matic. The funds currently remain in the attacker’s wallet address, as of the time of this writing. The same exploit was then carried out on the DFI token, which uses the same address for executing rebalances. Next Steps The team is working diligently to identify all impacted token holders and will be proposing a plan to provide relief to fellow impacted token holders. We will update the community as soon as a timeline for repayment is determined. PECO & DFI Post-Mortem — December 26th, 2022 was originally published in Amun on Medium, where people are continuing the conversation by highlighting and responding to this story.

Carson · 12/26/2022