Insider: Stargate Arbitrage Not a Bug, LayerZero to Optimize eqRewards Distribution Efficiency
May 25 TuoniaoX.com news - Regarding the suspected bug in Stargate, smart contract developer 0xlittledevil stated on social media that this user's behavior actually complies with the Stargate protocol, helping with pool rebalancing and paying protocol fees, which are beneficial to the protocol.
May 25 TuoniaoX.com news - Regarding the suspected bug in Stargate, smart contract developer 0xlittledevil stated on social media that this user's behavior actually complies with the Stargate protocol. Their actions help with pool rebalancing and involve paying protocol fees, which are behaviors beneficial to the protocol.
The eqRewards pool is accumulated from eqFee charges collected from user transfers and is completely independent from the main protocol. How to distribute eqRewards to incentivize rebalancing is merely an efficiency issue. All funds are secure, and LayerZero will deploy a new Fee library to optimize the distribution efficiency of eqRewards.