.agility_lsd is one of the fastest-growing liquid staking platforms as its total value locked jumped more than 634% to $467 million in the past 7 days. Despite the rise, security platforms have expressed warnings about the project. reporting.
data shows that the number of unique addresses holding AGI has risen over to 926 at press time from one on April 5.
Despite performing well in terms of TVL and activity, Agility has raised the eyebrows of some after security detection platformAccording to Open Zeppelin, three functions inside the AGI’s contract allows privileged accounts to mint more AGI, increasing the token’s supply and to pause the activity in the smart contract such as trading.says, “The smart-contract owner can mint new tokens, please proceed with caution.” CoinMarketCap on its AGI token page also expresses a similar cautionary warning.
Ismael Bautista, a software developer and community grants committee member for the Moonbeam Network, told CoinDesk over Discord that “the AGI token is a very standard OpenZeppelin implementation.”
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