Grim Finance Review: Is It Safe to Use?
Grim Finance is a yield optimizer for LP tokens, but its current operating status is unknown. A reported 2021 vault exploit is a major reason to be cautious.
By the SkyBitcoins review team · Updated
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At a glance
Grim Finance key facts
| Type | Yield optimizer for LP tokens |
|---|---|
| Chains | Fantom, Avalanche, Arbitrum, Polygon, Telos, Kava |
| Token | GRIM |
| Security | Reported vault exploit in 2021 |
| Value locked | $6.79K−4.5% 7d |
| Audits | 2 audits listed |
| Updated |
Grim Finance FAQs
What is Grim Finance?
Grim Finance is described as a yield optimizer: users stake liquidity-provider (LP) tokens in vaults that harvest and reinvest rewards. The project’s current operating status is unknown.
Was Grim Finance hacked?
Grim Finance’s Fantom yield vaults were reportedly exploited on December 18, 2021, through a vault share-minting path. Reports put the losses at about $30 million.
What is the GRIM token?
GRIM is listed as Grim Finance’s token. Its current utility, availability and role in the protocol are not established here, so check current project documentation before relying on it.
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