dForce has recovered all stolen assets and will implement a new system for asset return.

On April 27, the dForce platform announced that all stolen assets have been recovered and transferred to a Cold Wallet for future distribution. However, due to ongoing attacks, the status of the Lendf.Me contract has been compromised and cannot be restarted. Therefore, dForce is developing a new "Asset Return System" to handle asset return matters.

In light of the fact that some stolen assets have been converted into other forms by hackers, dForce plans to sell these assets in order to restore the asset portfolio structure as much as possible at the time of the theft, in order to reduce market risk and ensure that users can fully recover their assets.

According to the data snapshot taken on April 19, 2020, at 12:57 (UTC+8), at the time the Lendf.Me contract was closed (block height 9900772), the asset and liability situation of the platform is as follows:

[Balance Sheet Data]

The platform reminds users that phishing websites are prevalent recently, and users should carefully identify the official website. Users must make repayment and withdrawal operations through the official Lendf.Me website or designated Wallet applications (such as imToken, Bitpie, MYKEY), and ensure that they use the original address they interacted with Lendf.Me before.

For users with outstanding loans, the only repayment address is: [Contract Address], which has been marked as "Lendf.Me:Recovery" on Etherscan.

The asset return process is as follows:

1. Users with deposits only and no loans: Log in to the official website or a wallet that supports Lendf.Me using the original interaction address, enter the "Asset Return System", and confirm the relevant terms to initiate a refund application. The system will process in the order of registration time, and users who have not logged in for confirmation will receive a full refund of the original assets within one week.

2. Users with loans:

• Step 1: Check deposit/loan status Log in to the official website, enter the "Asset Return System", connect your MetaMask Wallet or use a mobile wallet (ensure you are using the original interaction address). Verify that the deposit and loan amounts are correct.

• Step 2: Repay the debt Complete the full repayment before the deadline to proceed to the next step. Overdue repayments will enter the global asset disposal process.

• Step 3: Retrieve collateral assets After repaying the loan, the system will return the collateral assets to the original address within 24 hours.

3. Global Asset Disposal Process: Users who fail to repay the loan within the stipulated time or whose collateral ratio is below 125% will have their remaining assets converted into stablecoins at market price. After deducting the loan amount, an equivalent amount of stablecoins will be refunded according to the net asset value of the account.

4. Asset Precision: BTC retains 6 decimal places, WETH retains 4 decimal places, and stablecoins retain 2 decimal places.

5. Dispute Resolution: If you encounter inconsistencies in repayment amounts, issues with contract address operations, or the original address being unable to receive assets, please contact platform customer service.