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4Belt Compensation: remedy 4BELT (r4BELT) Details

4Belt Compensation: remedy 4BELT (r4BELT) Details

MediumMedium08 Jun 2021 | 08:40 am
Belt Finance has announced the compensation plan for the 4Belt pool exploit. Affected users will get r4BELT tokens distributed directly to their wallets. The tokens will be distributed in a 1:4.7258 ratio to beltBUSD holders/stakers. Users will be able to stake their 4
Belt Finance Loses $50M in Flash Loan Exploit - TheNewsCrypto

Belt Finance Loses $50M in Flash Loan Exploit - TheNewsCrypto

TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto GuideTheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide01 Jun 2021 | 10:46 am
Belt Finance was hacked on Saturday in a flash loan, resulting in an overall loss of $50 million. With a loss of 21.36% of the fund, the BeltBUSD vault users suffered. An attacker exploited a flaw in how the protocol’s vaults calculate the value of its collateral.
4Belt Compensation Plan

4Belt Compensation Plan

MediumMedium01 Jun 2021 | 09:34 am
Belt Finance has announced a plan to compensate its users who were affected by a flash loan exploit. A snapshot of the 4Belt pool and 4BELT token holders will be taken and users affected by the exploit will be airdropped the remedy4B ELT token in proportion to their BUSD holdings before the attack. The token will be used as a tool to mark users that were affected.
4Belt Compensation Plan - Finance and Freedom

4Belt Compensation Plan - Finance and Freedom

Finance and FreedomFinance and Freedom01 Jun 2021 | 09:34 am
Belt Finance has announced a plan to compensate its users who were affected by a flash loan exploit. The team will use the team build allocation and the team’s other assets to aid in the compensation. A snapshot of the 4Belt pool and 4BELT token holders will be taken and users affected by the exploit will be airdropped compensation.
Belt Finance Exploited for $6.2 Million in Flash Loan Attack - Decrypt

Belt Finance Exploited for $6.2 Million in Flash Loan Attack - Decrypt

DecryptDecrypt31 May 2021 | 11:15 am
Belt Finance is the latest Binance Chain-based decentralized finance project to lose millions of dollars in a so-called flash loan attack. The attack, performed on Saturday evening, saw the 4Belt pool lose 6,234,753 BUSD, a stablecoin pegged to the U.S. dollar built on the BSC. It was executed “with pinpoint accuracy” using a method the team failed to safeguard against.
May 29 Incident Report

May 29 Incident Report

MediumMedium30 May 2021 | 14:46 pm
Belt.fi has been hit by a flash loan attack on its BSC 4Belt pool. The attacker used a smart contract that used PancakeSwap for flash loans and exploited our beltBUSD pool and its underlying strategy protocols. BeltBUSD vault users suffered a 21.36% loss of funds. No other pools/vaults were affected by the attack.
HECO on Belt Finance: Guide to Providing Liquidity

HECO on Belt Finance: Guide to Providing Liquidity

MediumMedium21 May 2021 | 02:17 am
How to add/remove liquidity to/from Belt Finance’s HECO version. The first step is to withdraw the HRC20 assets you want to use on Belt Finance from your Huobi Global account. From this point on, I’ll cover using Belt Finance with Metamask.
GUIDE: Bridging BELT (BSC) to hBELT (HECO) through Orbit Bridge

GUIDE: Bridging BELT (BSC) to hBELT (HECO) through Orbit Bridge

MediumMedium20 May 2021 | 15:35 pm
Belt Finance is launching HECO Chain on Belt Finance with the hBELT token. To experience and enjoy high yield on HECo Chain, a portion of the total BELT token emissions will be bridged over to the To Chain (HECO) used for liquidity mining. The contract address for HBELT is 0x8c517631
How to provide cross-chain asset liquidity to KLAYswap

How to provide cross-chain asset liquidity to KLAYswap

MediumMedium20 May 2021 | 09:25 am
Klaytn Network-based liquidity infrastructure KLAYswap has added support for cross-chain assets through an innovative IBC platform called Orbit Bridge. The platform allows users to transfer assets from BSC to Klaytn without paying bridge fees and tax. Over 40% of the network’s total assets are currently in cross chain assets, and that number is increasing.
HECO on Belt Finance: Launch schedule, Cross-chain mining, and more!

HECO on Belt Finance: Launch schedule, Cross-chain mining, and more!

MediumMedium18 May 2021 | 10:37 am
Belt Finance will officially launch on HECO on May 21st at 11:00 (GMT +8). The team behind Belt Finance is also implementing cross-chain BELT mining, a feat made possible by Orbit Chain. 25% of total BELT emissions will now be used as liquidity mining rewards on H ECO Belt. We expect this update to contribute to the growth of Belt Finance
Understanding 4Belt & beltTokens

Understanding 4Belt & beltTokens

MediumMedium06 May 2021 | 08:51 am
4Belt BLP Pool is a liquidity pool of BUSD, USDT, USDC, DAI, and USDT tokens. 4Belt consists of beltTokens (beltBUSD, beltUSDC, beltDAI, beltETH, beltBNT, beltBTC, beltBNB, etc.) and beltSingleToken (beltStrategy). BeltBNT is the base value of the token + increasing value from the yield when you hold the token.
[Announcing] Belt Finance- Autofarm Partnership

[Announcing] Belt Finance- Autofarm Partnership

MediumMedium27 Apr 2021 | 08:43 am
Belt Finance has announced a strategic partnership with Autofarm, a leading yield aggregator and DeFi suite. The ecosystem consists of 3 main products; a cross-chain yield optimizer which automates yield farming for users, AutoSwap DEX Aggregator which provides users’ with the best swap rates and an intelligent portfolio manager/ tracker (farmfolio).