# DAI V1Vault negative interest **URL:** \ **Category:** General Chat\ **Created:** [4 February 2021 22:13 UTC](https://gov.yearn.fi/t/dai-v1vault-negative-interest/9599 "2021-02-04T22:13:23Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![nikolaospap89](https://avatars.discourse-cdn.com/v4/letter/n/858c86/32.png) [@nikolaospap89](https://gov.yearn.fi/u/nikolaospap89)\ **Post date:** [4 February 2021 22:13 UTC](https://gov.yearn.fi/t/dai-v1vault-negative-interest/9599/1 "2021-02-04T22:13:23Z")
Hi, I logged in to yearn finance today to check the status of my vault I have deposited and amount of DAI to the DAI V1 vault long ago When I logged in today I noticed that the interest rate for the specific vault is -404.24% My balance of DAI has been reduced by 25% This is extremely stressful and frustrating Can please someone explain to me what happened? ---
**Author:** ![yfi-supporter](https://avatars.discourse-cdn.com/v4/letter/y/dc4da7/32.png) [@yfi-supporter](https://gov.yearn.fi/u/yfi-supporter)\ **Post date:** [4 February 2021 22:26 UTC](https://gov.yearn.fi/t/dai-v1vault-negative-interest/9599/2 "2021-02-04T22:26:54Z")
This happened: > ---
**Author:** ![nikolaospap89](https://avatars.discourse-cdn.com/v4/letter/n/858c86/32.png) [@nikolaospap89](https://gov.yearn.fi/u/nikolaospap89)\ **Post date:** [4 February 2021 22:39 UTC](https://gov.yearn.fi/t/dai-v1vault-negative-interest/9599/3 "2021-02-04T22:39:46Z")
> [@yfi-supporter](#): > > DAI v1 vault got exploited, the attacker got away with $2.8m, the vault lost $11m. Deposits into strategies disabled for v1 DAI, TUSD, USDC, USDT vaults while we investigate. Thanks for the reply. Do you know if the lost funds will be returned ? ---
**Author:** ![yfi-supporter](https://avatars.discourse-cdn.com/v4/letter/y/dc4da7/32.png) [@yfi-supporter](https://gov.yearn.fi/u/yfi-supporter)\ **Post date:** [4 February 2021 22:46 UTC](https://gov.yearn.fi/t/dai-v1vault-negative-interest/9599/4 "2021-02-04T22:46:35Z")
I don’t know. It’s up to the team to decide if they’ll cover the losses or not. Wait until we know more about what exactly happened, and how. ---
**Author:** ![nikolaospap89](https://avatars.discourse-cdn.com/v4/letter/n/858c86/32.png) [@nikolaospap89](https://gov.yearn.fi/u/nikolaospap89)\ **Post date:** [5 February 2021 13:45 UTC](https://gov.yearn.fi/t/dai-v1vault-negative-interest/9599/5 "2021-02-05T13:45:21Z")
HI can anyone please give an update regarding the above? ---
**Author:** ![okaneis](https://avatars.discourse-cdn.com/v4/letter/o/b9bd4f/32.png) [@okaneis](https://gov.yearn.fi/u/okaneis)\ **Post date:** [5 February 2021 20:55 UTC](https://gov.yearn.fi/t/dai-v1vault-negative-interest/9599/7 "2021-02-05T20:55:08Z")
This is so much frustrating! We all see and hear the potential of defi , but how can defi be adapted when we have incidents like this? If you ask me every single time i involved with defi i got burned! I provided liquidity into pools i lost due to IL (which very much became PL=permanent loss) as opposed to just hold my assets I tried to yield farm and the gas fees i paid was more than the yield i received I deposited my hard earned funds into what was supposed to be a relative safe investment into the flagship of yield aggregators (yearn finance DAI v1 pool) and got hacked and now i suffer losses there too! Sadly I regret the moment i started to learn and involve with this defi space! Really is there anyone here to inform what will be done with our lost funds , cause if that is the “future” of finance then it’s no better than the past to say the least!! ---
**Author:** ![system](https://europe1.discourse-cdn.com/flex013/uploads/yearn/original/2X/9/9ae7183c96201b2e9a60ad06d0d7664a3e90aeb0.png) [@system](https://gov.yearn.fi/u/system)\ **Post date:** [12 February 2021 20:55 UTC](https://gov.yearn.fi/t/dai-v1vault-negative-interest/9599/8 "2021-02-12T20:55:41Z")
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