ID:
layer2dao-1231
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Optimism
Dapp
Staking
Key Management
Extended Method:
Private key compromise
Days in Operation:
124
(0.34 Years)
100 pts each
Layer2DAO reported that their multisig wallet on Optimism was compromised and the hacker was able to drain 49,950,000 L2DAO tokens. The hacker was able to dump some of the stolen tokens (~40 ETH, $54,000) but Layer2DAO was able to negotiate and repurchase the remaining 31,239,677 tokens at a cost of $33,200.
Layer2DAO is expanding the Ethereum L2 ecosystem and investing in L2 ecosystem projects. The DAO uses its treasury to invest into high-impact L2 protocols and ecosystem plays, serving as a diversified venture fund for investors looking to gain exposure to the L2 ecosystem growth. It also provides liquidity, depositing, and staking, perpetually reinvesting proceeds back into the DAO.
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