Term Labs Governance Exploit Drains 70% of TVL: A Case Study in DeFi's Achilles' Heel
The backdoor was open, but the key was volatility. On August 2026, Term Labs,...
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Neutral
Market Sentiment
Raises validator limit and account abstraction
Block reward reduced to 3.125 BTC
92 million ARB released
Improves data availability sampling efficiency
Team and early investor shares released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Block reward halving event
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