In the past 8 weeks we have been working day and night, collaborating with a wide range of parties from partners to security firms to create Malda’s recovery plan: Operation Phoenix. This recovery plan outlines how we will make affected users whole again, while laying the foundation for Malda’s long-term success.

May 30, 06:51 PM UTC — A third party attacker executed an exploit targeting the Mendi-to-Malda migrator contract:https://lineascan.build/tx/0xd62a3d483b89e38b681777804b286dec682919891924c2b13c566dfaad666ed3

Got supplies and borrows on Mendi? Early migrators earn double-incentives for migrating to Malda!

Unleash your voice. Get on the leaderboard. Earn from a prize pool of points worth $1mil in deposits - that’s 30,000,000 Malda Points up for grabs!

In the second highlight of Malda’s tokenomics release, we’re diving into Malda Points and what you can expect to see once it goes live.

Leading up to Malda’s mainnet launch, we will be unveiling bits of our tokenomics! In Part 1: The Foundation, the core pillars supporting Malda are explored in-depth. You will find out about the revenue structure to support Malda’s longevity, everything “global” about Global Pools as well a new Stability Module feature which bolsters Malda’s economic security while rewarding users.

1,500,000 is the final number. Yes, the Awakening testnet had more transactions than a mid-sized L2...

The wait is over, the Malda Awakening testnet campaign is now live! This campaign is co-hosted by RiscZero, who will be providing Boundless infrastructure supporting the generation of zkProofs at Malda mainnet.

Mendi Finance will rebrand to Malda this Thursday (Feb 20th). This marks another major step in our transition, here’s a look at the changes that will be introduced in the rebranding.