indexedex.com/ Token is $DTF - 0xeE5576Fa1Bcaa380e591D01245f406f3f384eb01

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I have received the security audit from @zauthinc. And been applying the fixes since Friday. I am completing the final review of all the work now. Then submitting it to @zauthinc again. The audit report and fixes will be posted as part of the site update. I have worked through some recovery strategies. No token migration is needed. The root cause has been disabled on-chain. DTF redemptions from the DTF-DETF will work to satisfy any current bonds. The ETH collected from the system will be used to seed the replacement DTF/DETF, with an option for holders to indicate if they would prefer to have their portion fund a recovery strategy.
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The agents are completing the final changes to fix everything from the security audit. I setimate that will be complete, and I can submit to @zauthinc . I will also submit for a quote from @PashovAuditGrp . I executed one of the recovery strategyies manually using my own capital. There is now approximately 90 ETH to send back into liquidity once the security audit is complete. I say approximately, because I need to see the quote from @PashovAuditGrp .
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I have received the security audit from @zauthinc. And been applying the fixes since Friday. I am completing the final review of all the work now. Then submitting it to @zauthinc again. The audit report and fixes will be posted as part of the site update. I have worked through some recovery strategies. No token migration is needed. The root cause has been disabled on-chain. DTF redemptions from the DTF-DETF will work to satisfy any current bonds. The ETH collected from the system will be used to seed the replacement DTF/DETF, with an option for holders to indicate if they would prefer to have their portion fund a recovery strategy.
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To clarify, "seed the new DTF-DETF" means the ETH goes back into DTF/ETH liquidity through the new DETF.
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Post mortem. I had given Astra, the lastest Codex model the report from @zauthinc to confirm the rewrite had fixed the issue they found. I had to fight it because the security censorship kept stopping it from working. I saw that it had fixed the error. But, at some point, it must have undid the fix. And I did not notice that. When I realzied it had deployed the old version, I worked to save as much of the ETH as I could and rebalance the system to keep it safe until I could get it redeployed. During this time someone else has seen the price imbalance, and took advantage to take more ETH. This was further compounded by there simply not being any other strategies sending fees into the pool. Fortunately, the majority of what was at risk was saved. I am considering recovery plans. The saved ETH will be used for this recovery. My primary concern is picking a stable strategy and not flooding that market with a sudden large entry.
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I have found the root causes and working on a recovery. I have not committed to a plan. I am running simulations to determine the best course of action. Some of those options include migrating to a new token. I do not make any recommendations. Just consider that the DTF token might be retired.
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Fix is out. DM me if anyone is having any further others.
I’m using MetaMask also tried with phantom but neither of them is working not from pc not from mobile phone .
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I tracked it down to how Metamask caches data. Fix on the way.
Replying to @Indexedex
Screenshots for your data. Metamask vs safari
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Ok, I'll try to make this very simple, again. Staking page has been updated with the reserve pool swap interface. indexedex.com/staking You were told that DTF would be used as market liquidity for the DTF-DETF when it migrated. That's how DETFs work. This was clearly explained at several places on the site. This user simply bought 14 million DTF from the reserve pool, and sold it for 4 ETH in the DTF/WETH pool. Dumbest move they could have done. robinhoodchain.blockscout.co… That was 0.0000000285714286 ETH per DTF. Wait till see what you're getting for your DTF-DETF tokens below. But the DTF-DETF also owns a portion of the DTF/WETH pool. So that sale was recaptured in the pool. It is now owned by the protocol, and by extension, you. Why were you buying robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 in the first? So you could eventually sell it for ETH, right? You actually just want ETH, right? DTF was a tool to get more ETH, right? Well, you used your DTF to get DTF-DETF token. And guess what, you can sell your DTF-DETF token for ETH too. You don't need to collect DTF, and then go sell it. The DETF did it for you. Now, you can just sell your DTF-DETF for ETH. Remember how I said the fees so into buying DTF-DETF liquidity thorugh a strategy vault? Those vault tokens are owned by the protocol. Just stacking up waiting for you to sell your DTF-DETF whenever you want. That's why you've been earning more and more sDTF-DETF. So you can go sell it for ETH if you like, and not have to worry about chasing DTF. The DETF sold it for you. Just like how ETFs trade the assets under management. So do DETFs. Niether just sit on them. I haven't selling. Neither has anyone I know. This is simply how DETFs manage their funds. BTW, every DTF-DETF is selling for 0.02 ETH each. A fair bit higher than DTF ever was. This is by guying the liquidity was important. I recaptures sold DETF so the protocol can sell it again to get even more ETH for you. I'm going to wait for the paper hands to sake out and sell more DTF. Then I'll push the rest of the fees through in small enough batches so we don't lose much to slippage and price impact. That will raise the DTF and the DTF-DETF price too.
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That's because the reserve pool is now low on robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 It's incentivizing people to bring it robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 . The exchange rate of DTF to DTF-DETF will drop quickly if people deposit DTF.
Replying to @Indexedex
Guys, help me understand this because maybe I’m missing something 😁 When I entered: 100,000 DTF → ~0.1255 DTF-DETF Today: 100,000 DTF → ~1.3175 DTF-DETF So the exact same 100k DTF now gets ~10.5x more DTF-DETF. Put another way, ~9,525 DTF today buys roughly the same amount of DTF-DETF that 100,000 DTF bought when I entered. So in DTF terms, if my original position was worth $1,000, does this effectively mean the same DTF-DETF exposure can now be obtained for roughly $95–100? 😁 I understand the explanation about DTF-DETF now owning DTF/ETH liquidity, but if old and new DTF-DETF have the same claim on the same reserve, how exactly are early stakers protected from this ~10.5x repricing/dilution? Maybe I’m misunderstanding the NAV mechanics, so would be great to see the actual calculation. 👀
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The DETf holds it's reserve as market liquidity. There's a Uniswap V4 pool holding DTF and and robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 /ETH strategy vault as liquidity. The DTF-DETF puts everything in that pool. You are minting DTF-DETF token, backed by that reserve. When you burn it, it's coming from that liquidity pool. DTF paid in, just sits in the pool. ETH paid in is used to buy into DTF/ETH liquidity. Someone just traded through the reserve pool to close the arbitrage. Which was there to force the price down to give the protocol a better entry on buying into liquidity to get a greater share. The reserve you own a share of by holding DTF-DETF token. The liquidity is over twice as deep, the protocol now owns almost half of that pool. The market cap has almost recovered and I haven't finished pushing the fees back into the DETF. The DETF is managing the reserve like a fund manager. It induced to market to go from a higher value, low liquidity position to a lower value, deeper liquidity AND take a greater share of that market liquidity in the process. It basically traded robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 and for DTF/ETH liquidity it now owns for you. You are earning fees on owning that liquidity. And will have a more stable price when you do sell. Pardon, I was a bit focused structuring the fee dispersal so it wouldn't be all taken up with slippage.
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Here's what I just did. I had staked and purchased some bonds. While the bond principle matures, you can claim the accrued staking rewards. So, I claimed all my stake DTF-DETF. Then I "burned" my DTF-DETF tokens. But, since the price is above 1 the DETF actually just swap DTF-DETF token for robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 through its' own reserve pool. That's this transaction. robinhoodchain.blockscout.co… That lowered the DTF-DETF price in it's reserve pool. Then, I sold the DTF for ETH. Then I bought another bond with twice the amount of ETH from the sale. The DETF took that ETH, put it in the DTF/ETH vault, which used it to buy into DTF/ETH liquidity. And put the vault tokens in the DTF-DETF reserve pool, raising it's price again. In the end, I just looped the DTF-DETF to get DTF to get ETH to get more DTF-DETF. And in the end, the ETH just went back into the DTF/ETH pool. But now, the DTF-DETF owns more market share of the liquidity. And the reserve pool liquidity is deeper.
I'm not dumping, I'm rebalancing. Hang tight.
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You might have noticed the the ETH didn't make it's way into the DTF/ETH pool yet. That's because when on strategy vault around Uniswap V4 liquidity is also used as liquidity, it might encounter the Uniswap Vault is lcoked, preventing it from accessing its' reserve. The SE Vault holds a portion of it's reserve directly just in case someone executes a multi-hop swap that would cause this locked vault problem. And right now, it doesn't hold enough DTF token to be able to reliably honor swaps for DTF. I then purchased more robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 so I could deposit into the vault so it can push liquidity into the pool. robinhoodchain.blockscout.co… I used that to deposit into the strategy vault. Which pushed 4 ETH in the DTF/ETH pool. robinhoodchain.blockscout.co…
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I'm not dumping, I'm rebalancing. Hang tight.
Hold on, I'm going to do something, don't get scared.
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Hold on, I'm going to do something, don't get scared.
I understand and respect the mechanism, but for diamond hands who simply hold $DTF without arbitraging, this feels pretty bad — and I think it could hurt the project’s long-term growth.
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Hooks are the only reason Indexedex can work on Uniswap. I also have a version that does the same thing, but with Balancer Pools. I'll be deploying it on other chains. It was only possible because I can introduce the boosting behavior to keep liquidity in strategy vaults and only produce the tokens when needed for a swap with custom hooks.
Skill issue, don't route to bad hooks We're happy to help teams struggling with this problem. Or they could waste their time on dumb posts... v4 hooks have unlocked huge amounts of innovation visit developers.uniswap.org if you want an api that: - has best prices on the markets - avoids malicious hooks - routes to all uniswap liquidity with no added fees - crosschain swaps - is now a full aggregator, integrating external liquidity with aggregator hooks
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Aw, that's adorable. Off-chain managed traditional ETFs for crypto related stocks. But with a token. Too scared to make an ETF of memecoins? Can't figure out how to do it all on-chain? Fine, I'll do it myself.
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Indexedex retweeted
robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 dev还是一直在做事的,没有对项目落进下石的.注意新官推是 @Indexedex 这个 dev的两个地址:0xec8c4eb216cbfc5b7f49b83cfbe6e34212863ae8 0x72bea6fa3e68ef18c87d045aac7c4aa5249d933b 只有早期在高位dev卖出了少部分的币,毕竟开发者也要生活,绝大部分转进了质押地址一直没退出。转入3.12m的代币直接到uniswap v4合约,那个sDTF-DETF应该是即将要上线的篮子对实际测试了,到目前都一直在跑。没有说的一直不干活,github也在昨天凌晨大更新。昨天晚上跑了一个bulk的大户(原前5地址)直接干到900k去了,不过立马又拉回3m多了,说明是有人承接的。不然大户直接sell完早自由落体了。买这种包埋头做事的dev至少是真想把项目完整做好落地,好产品出来了真能一波爆发。你买吹牛逼搞宣传一波拉高腰斩圈钱软跑路的项目基本是归0。此项目这么久产品没完全落地要归0早归0了,市场不是傻逼。 顺便提一嘴@matthew_sigel(@VanEck_us的数字资产研究主管,vaneck是美国etf发行商排名前十)关注了该项目老官推(老官推已被盗)这些数据资料都是公开可查的,感兴趣的自己去查 不喜欢fud自己的包,看好买了就耐心,这不是炒meme。归0了就当自己投资太菜
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To make sure everyone understands. When you stake, or mint, or buy a bond your payment goes into the DETF reserve pool. If you pay ETH, that is used to but into $DTF /ETH liquidity. If you pay $DTF that is going into the DETF reserve pool. The $DTF DETF is designed to get the market to pull $DTF out of the base pool, and into the DETF reserve pool. You are buying DTF-DETF token with DTF, and your DTF-DETF is being staked to earn more DTF-DETF as it mints every 8 hours. You also get a portion when anyone mints. So don't just hop in and out every 8 hours, or you won't get the seigniorage share. Pendle vaults are coming. IFYKYK
Staking with robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 is fixed. Error was in trying to stake very large, and very small amounts. It was just a UI error. indexedex.com/staking robinhoodchain.blockscout.co…
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Staking with robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 is fixed. Error was in trying to stake very large, and very small amounts. It was just a UI error. indexedex.com/staking robinhoodchain.blockscout.co…
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I have be told there is a UI problem depositing DTF token in the Protocol DETF. Fixing that now. The contract testss work fine, so it's just a UI problem.
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