Platform affected by the rsETH exploit with frozen markets.

A recent exploit serves as a reminder that even established, 'blue chip' DeFi protocols are not entirely safe and can have hidden risks that exist for years before being discovered.

The protocol was hacked for $9 million due to a fundamental 'underflow bug,' highlighting that even 'blue-chip' DeFi protocols carry significant and persistent smart contract risk.

A recent hack on the protocol proves that even long-standing, 'battle-tested' projects are not immune to exploits, questioning the 'Lindy' effect for DeFi safety.

Mentioned as the inspiration for Dango's low total token supply of 30,000, a strategy which could lead to a high price per token for Dango.

Mentioned in the context of its founder, Andre Cronje, launching a new project called Flying Tulip. No direct investment analysis is provided for YFI itself.

Listed as a notable partner for the new Katana DeFi platform, suggesting its involvement in the project's ecosystem.

Mentioned as a notable ecosystem partner for the launch of the Katana chain.

Mentioned as an established DeFi protocol partnering with the new Katana blockchain, which lends credibility to the new project.