Oct 01 2021

How the tiniest of errors resulted in an $80 million loss for Compound Finance

published by Samuel Wan
in blog CryptoSlate
original entryHow the tiniest of errors resulted in an $80 million loss for Compound Finance

comp defi technology

Compound Finance rolled out Proposal #62 on Wednesday to implement "Dynamic COMP reward distribution," and patch a number of minor bugs. However, soon after executing the upgrade, Compound Labs reported "unusual activity," resulting in some users being able to claim more $COMP tokens than allowable....