Illuvium Team Drains sILV Uniswap Pool in Bid to Prevent Exploit Cash-Out

Warwick included on Discord that the group has “a backstop multisig that is able to mint in extreme circumstances.” The group utilized this multi-signature wallet, an address with particular in-protocol approvals that requires a bulk of a group of signers to perform deals, to mint tokens and offer them for ETH, rendering sILV useless, as there is no ETH to switch the sILV for.



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