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Curve Finance Warns PancakeSwap About Licensing Violation

Cointelegraph
Curve Finance accused PancakeSwap of using its StableSwap code without proper licensing, urging collaboration.

Summary

Curve Finance has accused the PancakeSwap decentralized exchange (DEX) of utilizing its proprietary code for the "StableSwap" feature on PancakeSwap Infinity without adhering to the necessary licensing agreements. Curve urged PancakeSwap to contact them for licensing and collaboration to ensure user safety, citing past exploits like the Saddle Finance and Balancer hacks as evidence of the need for deep expertise in swap features. PancakeSwap responded that they would reach out to Curve to discuss the matter, to which Curve agreed, stating, "Indeed, better to be friends and build together." This incident highlights the ongoing cybersecurity and legal complexities in the DeFi space as protocols iterate on existing technology. The context also notes that PancakeSwap Infinity recently launched on Arbitrum, BNB Chain, and Base, introducing features like cross-chain swaps and customizable liquidity pool "hooks."

(Source:Cointelegraph)