Seraph

Seraph

Notes

  • With Seraph, Beanstalk can deter additional attacks on the protocol and disincentivize attackers by making it more difficult and costly to conduct an attack. The fee for Seraph is substantially lower than the projected operational and reputational costs associated with an additional attack. By activating Seraph, Beanstalk assets and contracts are protected such that complex attacks may be prevented before they can be executed on-chain.
  • As Beanstalk returns to on-chain governance, the Beanstalk DAO and BSC can continue to work with Seraph as an extra layer of defense.