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GMX V1 was attacked. Urgent notice to drop risk measures.
On July 9, GMX issued an emergency notice regarding all GMX V1 fork projects, stating that GMX V1 has been attacked. The following actions can be taken to drop the risk:
· Disable leverage feature: You can call Vault.setIsLeverageEnabled(false) to turn it off; if Vault Timelock is used, call Timelock.setShouldToggleIsLeverageEnabled(false).
· Set the maxUsdgAmounts of all tokens to "1": Use Vault.setTokenConfig or Timelock.setTokenConfig to prevent further minting of GLP.
Please note that this value must be set to "1" instead of "0" because setting it to 0 means no limit, which would allow the vulnerability to be continuously exploited.