GMX V1 Vulnerability Emergency Alert: Official Recommendations to Disable Leverage Function and Set Parameters to '1' to Prevent GLP Minting

PANews, July 9 - According to GMX's official statement, GMX V1 has suffered a vulnerability attack. The official recommends that all GMX V1 fork projects take two immediate actions: first, disable the leverage function; second, set all maxUsdgAmounts parameters to '1' to prevent GLP minting. It is particularly noted that this parameter should not be set to '0', otherwise, the upper limit protection will be lost.