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ID:

compound-235

Date:

Status:

Incident Count:

September 30, 2021

Verified

4

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

DefiSafety

Loss Amount:

89,000,000

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Recovered:

-

Rewards:

Currency:

USD, COMP

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Protocol

Lending

Contract Vulnerabilities

Extended Method:

Logic error

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Days in Operation:

1815

(4.97 Years)

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Compound, a decentralized lending protocol, confirmed through Twitter that after the implementation of Proposal 062, the liquidity mining of the protocol has an abnormal distribution of COMP tokens. Compound Labs and community members are investigating. Compound said that deposits and borrowed funds have not been found to be at risk. Compound founder Robert Leshner stated that the problem appeared to be an error in the initial setting of the distribution rate of COMP tokens based on Proposal 062, resulting in too much COMP tokens being distributed; however, modification of the corresponding code must go through governance , It takes at least 7 days.

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