Few realize there's a $15M @AerodromeFi fuelled heist going on in the form of @overnight_fi ... if you farmed aero in the early days I'm sure you've seen them.

- They raised $850k in pre seed from some good funds

- The product was basically a PoL aero farm. They put up liquidity and bribed their pool, extracted more than their bribes, repeat.

- They were early to this and it worked well, earning them millions and filling up a fat treasury to $15M including their veNFT

- To entice buyers they always said OVN was backed and the treasury would buyback whenever it fell below treasury value... and it should be valued for its PoL and the business itself

- That day came as OVN sold off... but the founders promises didn't come to fruition. OVN has traded down only for a long time.

- In response, the holders put up a vote to distribute the treasury assets back to them

- 1 day later... he's attempting to take the entire treasury for himself and disguising it as a 'token migration'. Every holder will be diluted 1:1000 and get locked tokens

- On top of this he tries to claim protocol owned wallets are suddenly his own... Trying to comingle and mix funds to hide the treasury.

- It's such nasty work, even their lead VCs have started selling at cents on the dollar despite holding until now

Guess the only thing that was overnight about this was how fast the treasury disappeared

note: dcf cap holds OVN (from a long time ago). Thankfully a small bag, but enough to pay attention.

https://x.com/dcfgod/status/2052903751191863628