A newly introduced upgrade to the DeFi interest rate protocol Compound Finance has contained a bug that leaves some users with unusual amounts of COMP token as rewards to be claimed.
“Unusual activity has been reported regarding the distribution of COMP following the execution of Proposal 062,” Compound Labs, the team behind the Compound protocol, tweeted on Wednesday night.
“No supplied/borrowed funds are at risk — Compound Labs and members of the community are investigating discrepancies in the COMP distribution,” it added.
The purpose of the Proposal 62, which went into effective a few hours ago, was to split the COMP distribution to liquidity suppliers and borrowers based on governance-set ratios instead of the previous 50/50 share model. Minor bugs are also to be patched in the new upgrade.
But a new bug contained in the upgraded Comptroller Contract has mistakenly allowed some users to claim as much as about 168,000 COMP tokens already, worth around $50 million.
Robert Le
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