Stock Groups

Compound supply bug mistakenly rewarded users with $70M in tokens By Cointelegraph

[ad_1]

Compound supply bug mistakenly rewarded users with $70M in tokens

Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars.

The upgrade was designed to “split COMP rewards distribution and bug fixes” and was fully verified without issues. However, within hours, the team noted “unusual activity,” stating that “Compound Labs and members of the community are investigating discrepancies in the COMP distribution.”