Detail Analysis
Date:
Status:
Count:
Contributor:
October 4, 2021
Verified
3
zerofriction.io
Loss Amount:
68,800,000
Recovered Amount:
-
Currency:
Dollars, COMP
KYC By:
Audit By:
None
None
Website:
Twitter:
No data
Discord:
No data
Telegram:
No data
Medium:
No data
Github:
No data
Key Indicators
Platform:
Type:
Category:
Method:
Ethereum
Lending
Contract Vulnerabilities
Extended Method:
Contract vulnerabilities
Data Sources:
While the decentralized lending agreement Compound tried to fix the loopholes in the liquidity mining token distribution contract through the No. 63 or No. 64 community proposal, another COMP tokens worth US$68.8 million (a total of 202,472 COMP) were sent to users . The extra money came in the form of COMP tokens, which are typically awarded to people who interact with the Compound market by lending, borrowing or depositing cryptocurrency into a lending pool. Users who own COMP tokens have a say in how the platform operates and can also exchange them for dollars, however, there's a limited number of COMP tokens that can be in circulation.
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