Seamless Protocol Assets at Risk, Aerodrome Withdraws

On September 13, the liquidity protocol Aerodrome announced via social media that it would be withdrawing assets from the Seamless Protocol, a lending platform within the Base ecosystem. Aerodrome cited concerns that some assets within Seamless Protocol might be at risk. The platform has advised users to await an official update from the Seamless team regarding the situation.

This precautionary move by Aerodrome highlights potential vulnerabilities within the Seamless Protocol, raising concerns about the security of assets and lending practices on the platform. Such developments can have significant implications for users and investors involved with Base ecosystem projects, underscoring the importance of transparency and security in decentralized finance (DeFi) protocols.

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