Curve Finance has claimed that PancakeSwap used its code without authorisation, Cointelegraph reported on Thursday.
Curve Finance claimed that PancakeSwap used the StableSwap code without authorisation in its latest DEX version, PancakeSwap Infinity. StableSwap is a function for swapping stablecoins and pegged assets.
Curve Finance said PancakeSwap should go through proper licensing procedures.
PancakeSwap said it would consult with Curve Finance, and the two sides are in talks. The incident is expected to bring security and legal issues in the DeFi industry into focus.
PancakeSwap Infinity launched in April on the Arbitrum network and BNB Chain. It is based on a smart contract plugin called Hooks and focuses on strengthening the fee structure for liquidity pools and on-chain order functions.
Chi-gyu Hwang
delight@d-today.co.kr