Urgent Announcement 🚨

Impossible Finance's pool USDC/WeHMND was exploited due to an operational error in a parameter setting by the Impossible team.

115k USDC was drained. No other pools are affected, and the error is isolated to this pool. Nothing is wrong with the Humanode chain or any other official applications released by Humanode team.

We advise not to withdraw anything from biostaker right now.

Negotiations with the user are currently ongoing.

Here is the official statement from Impossible Finance:

1. Impossible Pause front end to add liquidity.

Impossible will cover any losses incurred by the users of this 115k who deposited ahead of Today, Friday, Dec 1st, 12PM UTC. Please do not deposit any other assets into the pool for now.

2. Impossible to work on a disbursement plan for all affected holders within the 7 days. We do not wish to see users harmed in this process and hope that this gesture can help in restoring confidence in using Impossible's products in this ecosystem. This directly harms our treasury as a project also trying to scale what we do, so we hope that this gesture is taken as a signal of our longterm belief in Humanode + the value of the chain ecosystem, as well as to show to the exploiter that this ecosystem is for long term players.

3. Impossible will put out a bounty program, we will offer 15% white hat reward if the user returns the funds within the next 5 days.

Our goal is to further support the Humanode ecosystem, and that we believe that this action directly harms the Humanode ecosystem and reputation through no fault of Humanode itself.

It was disappointing that this user bridged right away off of the chain, but we hope that this action was not of bad intent, and we are open to offering this bounty as an offer of positive gesture to an early adopter of Humanode's EVM.

Humanode will add 20 000 HMND bounty on top of it.

Here's the official address of Humanode Foundation for the return of funds: 0x1979E2103b3553b5e57a6826e2ac52FF753d39Aa