Today in DeFi - Polygon to Ethereum Fast Withdrawal, WildCredit (White)-hacked, and More...
Polygon to Ethereum Fast Withdrawal
![Twitter avatar for @HopProtocol](https://substackcdn.com/image/twitter_name/w_96/HopProtocol.jpg)
Hop Protocol showcased its Polygon to Ethereum withdrawal: as fast as in a few minutes, compared to the hour(s) or days that the regular Polygon bridge takes.
Hop is a protocol for transferring tokens across L2 solutions. Find out more in their introductory post.
Sushiswap
Today in DeFi is sponsored by Sushiswap.
Sushiswap is a DeFi-Native DEX which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.
Sushiswap has recently launched Bentobox, gas-efficient lending platform for DeFi, as well as Kashi, a one-click margin-trading platform.
Check out Sushiswap atΒ Sushi.com, or try the Bentobox/Kashi beta atΒ staging.sushi.com
WildCredit White Hack
![Twitter avatar for @WildCredit](https://substackcdn.com/image/twitter_name/w_96/WildCredit.jpg)
WildCredit, an AMM plus lending protocol with no IL, got hacked for ~637k in their BNT-ETH pool.
The hack was due to a rather simple error in the code, pointed out by Sushi Dev Mudit Gupta.
The attacker was front-run by another white-hat attacker, who later returned all funds to WildCredit.
DeFi Grants Aggregator
![Twitter avatar for @defigrants](https://substackcdn.com/image/twitter_name/w_96/defigrants.jpg)
![](https://substackcdn.com/image/fetch/w_600,h_314,c_fill,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7e995f33-3aa4-461f-a5aa-b0aa00e4566a_282x68.png)
DeFi Grants launched a grants aggregator, letting DeFi builders easily search for multiple grants in one place. People interested in building projects & getting involved with communities can apply.
BadgerDAO ibBTC Public Launch
![Twitter avatar for @BadgerDAO](https://substackcdn.com/image/twitter_name/w_96/BadgerDAO.jpg)
![Image](https://substackcdn.com/video/upload/e_loop,vs_40/hqwc9eqco4tlwofdjq9o.gif)
![Twitter avatar for @BadgerDAO](https://substackcdn.com/image/twitter_name/w_40/BadgerDAO.jpg)
BadgerDAO did a ibBTC guarded launch for eligible users 3 weeks ago, and now itβs open to the public. Users can use tokenized BTC to mint ibBTC and then deposit into Badger Setts to do liquidity mining.
BurgerSwap Hack
![Twitter avatar for @burger_swap](https://substackcdn.com/image/twitter_name/w_96/burger_swap.jpg)
BurgerSwap, an AMM project on BSC, got exploited by a flash loan attack and lost $7.2m in funds.
![Twitter avatar for @haydenzadams](https://substackcdn.com/image/twitter_name/w_96/haydenzadams.jpg)
![Twitter avatar for @FrankResearcher](https://substackcdn.com/image/twitter_name/w_40/FrankResearcher.jpg)
The hack was due to the removal of a xy=k check, a core part of the Uniswap protocol which was forked.
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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.