An unknown developer has unexpectedly launched Curve's native token Curve DAO Token (CRV) via smart contract that had been published as open source for review.
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The Curve Finance team admitted someone deployed CRV token on smart contract the team had previously published on Github.
"While we initially were skeptical, it appeared to be an acceptable deployment with correct code, data and admin keys.Due to the token/DAO getting traction, we had to adopt it," the developers wrote on Twitter.
Shortly after the launch, the crypto community noticed that several wallets had been already staking CRV tokens prior to the official launch.
4/ Meanwhile, since the anon contract was deployed, some people started staking yCRV tokens (Curve LP tokens) into the newly deployed staking contracts and started earning CRV — results to accusations of premine. Tokens started trading on DEXes too. https://t.co/mp8R3h3CVj— Steven (@Dogetoshi) August 14, 2020
At press time, CRV is trading at $12,70 on OKEx, Uniswap, Poloniex, 1inch Exchange, and Hotbit.
Earlier, the US-based cryptocurrency exchange Coinbase teased a new group of tokens for listing, including the Curve Finance's native asset. It remains unclear whether the exchange will to list the token after the incident.
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