DeFi

🔔 Weekly industry update

🛡️ OpenCover
🔹 We introduced the most significant upgrade to the @base Pass.

🚨 Hacks
🔹 Abracadabra Money was hacked for $13m.

🔒 Industry
🔹 @nexusmutual's proposal to stake Kiln ETH in Enzyme Vault on @etherfi-app is open for voting.

🌀 Protocols
🔹 Alchemix issued its Q4 2024 financial report summary > https://alchemixfi.medium.com/alchemix-q4-2024-report-summary-ae647de80a6d
🔹 Dolomite is expanding to Botanix.

Great to see the industry evolving with these updates! Looking forward to exploring the new features in OpenCover and staying informed about the latest developments in the world of protocols. Exciting times ahead!