Dear Community,
Here is a preliminary incident report on the exploit that happened.
What happened?
On 3rd June 2021, at 1:46 UTC. A smart contract was created to exploit the Hunny Minter Smart Contract. The Contract was subsequently executed 91 times. This is the sequence of events.
- wBNB Swap CAKE from PancakeSwap
- Sent CAKE to HUNNY Minter Smart Contract
- Added CAKE-BNB Liquidity from PancakeSwap
- Deposited CAKE-BNB LP tokens to CAKE-BNB Hive
- Redeemed HUNNY Rewards
- Swap Cake Balance to HUNNY-BNB, increase CAKE Balance as per (2)
- Exploited and increased 2,281,142.448 HUNNY supply
What immediate actions did we take?
We have stopped the minting process. Hives are all SAFU.
We have taken immediate action to protect our users from any further potential issues that could arise.
What was affected
All Hives are unaffected. Funds are SAFU. The exploit only affected the price of HUNNY/BNB.
Going Forward
We have identified the issue and our Devs are working on the FIX and a move forward plan. We will update you shortly once we have the full plan.
A more detailed post mortem, in-depth analysis in the later stage.
All funds are SAFU, the exploit only caused a dip in Hunny Prices. We are still above the pre-sale price, in fact, higher than the launch price.
Keep Hodling, our Roadmap is still on track.
About PancakeHunny
🌐 Website: https://pancakehunny.finance/
💬 Telegram: https://t.me/pancakehunny
💬 Telegram Ann: https://t.me/pancakehunnynews
🐦 Twitter: http://twitter.com/pancakehunny
👾 Reddit: https://www.reddit.com/r/PancakeHunny/
📝 Medium: https://medium.com/pancakehunny
📄 Whitepaper: https://docs.pancakehunny.finance/
👨💻 GitHub: https://github.com/pancakehunny
📧 Email: [email protected]
