The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization (DAO). In an official medium post published on Friday, the Bunny Finance team announced that the exploit on Qubit that resulted in $80 million worth of loss has made it impossible for the team to operate at full scale. Thus, it has decided to disband the protocols and give authority to the community. As reported earlier by Cryptox, the Qubit bridge called X-bridge facilitated tokens swaps from Ethereum to Binance…
Bunny and Qubit turns to DAO following $80-million bug exploit
