Tinyman DEX from Algorand is back online!
After the latest exploit from about a month ago, Tinyman UI was shut down to avoid further swaps and losses.
Apparently liquidity pools were drained dry by the culprit(s) by maliciously editing the token prices received by oracles.
Now, Tinyman, Algorand's first DEX is back, and even though slippage is too high as expected, it's properly functioning!
Beware that there might be issues for the first few days. I'm glad the team worked hard to figure it out and didn't take too much time.
Algorand never let me down with its speed and ease of use, but these days, trust is very important. It's great how Tinyman restored it quickly!
submitted by /u/shardplugged
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