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ID:

olympusdao-187

Date:

Status:

Incident Count:

November 23, 2021

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

Peckshield, Omniscia

Loss Amount:

50,000

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Recovered:

-

Rewards:

Currency:

USD, OHM

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Currency

Assets

Contract Vulnerabilities

Extended Method:

Contract vulnerabilities

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Days in Operation:

621

(1.70 Years)

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According to the new algorithmic stablecoin protocol OlympusDAO, the administrator of Discord said that yesterday, someone bonds OHM/DAI bonds that are considered to be closed so that they can get a large discount and receive 1,697 OHM (over 1.4 million U.S. USD) instead of 59 OHM (approximately US$50,000). After OlympusDAO discovered this incident, it immediately closed the bond contract.

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