Yield Basis Discloses Fee-Bypass Route, Proposes WETH Fix

The disclosure matters less for the bug itself than for how it is being handled: a public admission paired with a governance vote, rather than a quiet patch. The proposed debt-ratio check and Pyth-linked swap fees shift the burden onto depositors and swap users, so the outcome hinges on whether token holders see the trade-off as proportionate. The Oct. 29 vote is the near-term signal; whether the fix closes the route without narrowing legitimate WETH activity is the open question.