The Cream Finance team has published their complete analysis of the security incident on August 30, 2021, in which 462,079,976 AMP and 2,804.96 ETH were stolen from the C.R.E.A.M. protocol. As indicated by our initial review, the Amp token contract contains no bugs and was not accountable for this vulnerability. Unfortunately, an oversight in C.R.E.A.M.’s support for ERC777-like tokens (such as Amp) was exploited by the hacker and resulted in loss of assets. The Cream Finance team is working to deploy a patch that will reenable Amp borrowing and lending, and has committed to a plan for repaying assets to affected users. The Amp team has also coordinated with other protocols implementing Amp to ensure no similar ecosystem risks exist. As DeFi technologies continue to evolve, everyone benefits from the best efforts of transparency and cooperation. We deeply appreciate the hard work of Cream Finance and the broader community in thoroughly and responsibly investigating this incident.