On February 20th, Balancer officially announced that they received a security report regarding Balancer’s reCLAMM (rebalancing concentrated liquidity AMM) from the vulnerability bounty platform Immunefi. As a precaution, Balancer has temporarily suspended the operation of the related liquidity pools during the investigation. Currently, user funds are secure and fully accessible, and further updates will be announced continuously.
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Balancer suspends reCLAMM-related liquidity pools for security investigation
On February 20th, Balancer officially announced that they received a security report regarding Balancer’s reCLAMM (rebalancing concentrated liquidity AMM) from the vulnerability bounty platform Immunefi. As a precaution, Balancer has temporarily suspended the operation of the related liquidity pools during the investigation. Currently, user funds are secure and fully accessible, and further updates will be announced continuously.