September 16 Incident Explanation For EOS-EMOON Swap Error and Solution

Dear users,

Greetings! Defibox has found a Swap error of EOS-EMOON on 22:00 September 16, 2021 (HKT). With an emergency, Swap contract is suspended on 00:00 September 17, 2021 (HKT). The Swap contract was open again on September 17 morning after completing audit and multi-signature.

Here is the September 16 Incident Explanation For EOS-EMOON Swap Error and Solution

The Swap error is caused by the Incompatibility of Defibox Swap contract and EMOON contract. The liquidity pool was 482636464535179.88 EMOON/4866.1494 EOS before the incident; When the contract was suspended, the EMOON liquidity became 5790970803030.11E MOON/3.4553 EOS, resulting a loss of 4863 EOS. At the moment, Defibox team has excluded the potential risk of burning token that might bring and upgraded Swap contract, improving contract safety level.

Defibox Foundation has made contact with policy reporting this incident. We will hand over all the evidence and assist the policy to track the ID of this account until the fund is back.

Defibox Foundation apologize deeply for the loss caused to EMOON Community.Defibox Foundation will use risk reserve of 4863 EOS to compensate EMOON Community. For the details of compensation solution, Defibox will contact EMOON Community and let EMOON Community make the decision and announcement.

Again, we apologize deeply in this incident.

Defibox community:

International Community：https://t.me/Defibox
Chinese Community：https://t.me/DefiboxCN

Thank you for your support and attention to Defibox!
Defibox Foundation
September 17, 2021