🔐 SECURITY: Term Finance permanently shut Meta Vaults after a governance exploit that PeckShield estimates drained roughly $8.5M. The key failure: an unvetoed proposal removed a delay, then routed vault assets out. Withdrawals remain open, but recovery and reimbursement are still unresolved. https://cryptoslate.com/term-finance-kills-meta-vaults-after-governance-process-clears-path-for-8-5-million-drain/(CryptoSlate)