This is a working repo for distributing 8 million DAI sent back by Eminence hacker.
After people put over 15 million DAI in Eminence bonding curve, someone exploited it to drain the funds. There were three transactions (1, 2, 3) draining 15,015,533 DAI in total. Shortly after, the attacker sent 8,000,000 DAI to Andre, who then sent them to the yearn multisig and tasked it with distributing the funds.
Eminence deployment has consisted of six tokens, each one on a bonding curve:
- EMN
0x5ade7ae8660293f2ebfcefaba91d141d72d221e8, curve with DAI - eCRV
0xb387e90367f1e621e656900ed2a762dc7d71da8c, curve with EMN - eLINK
0xe4ffd682380c571a6a07dd8f20b402412e02830e, curve with EMN - eAAVE
0xc08f38f43adb64d16fe9f9efcc2949d9eddec198, curve with EMN - eYFI
0xed35197cadf01fcbfe6cfc11081f299cffb095bf, curve with EMN - eSNX
0xd77c2ab1cd0faa4b79e16a0e7472cb222a9ee175, curve with EMN
To covert to DAI we use calculateContinuousBurnReturn functions which returns output of burning tokens.
Since everyone starts from the same point on the curve and the burns don't move the point, the total amount used in calculation would be larger than the actually bonded amount.
To calculate the DAI value of EMN-bonded e-tokens, we just repeat the process twice, burn to EMN, then burn to DAI.
The snapshot block is chosen to be 10954410, one block before the first drain transaction.
MerkleDistributor has been deployed to mainnet at 0x5e37996bcfF8C169e77b00D7b6e7261bbC60761e
To claim the distribution:
brownie accounts import alias keystore.json
brownie run snapshot claim --network mainnet
Or claim using youreminence.finance.
All testing is performed in a forked mainnet environment.
To run the unit tests:
brownie test
To generate the snapshot data:
pip install -r requirements.txt
brownie networks add Ethereum archive host=$YOUR_ARCHIVE_NODE chainid=1
rm -rf snapshot
brownie run snapshot --network archive
To validate the snapshot with an end-to-end test distribution:
brownie run distribution
To deploy the distributor on the mainnet:
brownie run snapshot deploy --network mainnet
The return of funds to you was made possible by a team of volunteers who worked for free to make this happen. Please consider tipping them a portion of your recovered funds as a way to say thank you.