{"id":346422,"date":"2021-09-30T14:59:58","date_gmt":"2021-09-30T11:59:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/compound-supply-bug-mistakenly-rewarded-users-with-70m-in-tokens\/"},"modified":"2021-09-30T14:59:58","modified_gmt":"2021-09-30T11:59:58","slug":"compound-supply-bug-mistakenly-rewarded-users-with-70m-in-tokens","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/compound-supply-bug-mistakenly-rewarded-users-with-70m-in-tokens\/","title":{"rendered":"# Compound supply bug mistakenly rewarded users with $70M in tokens"},"content":{"rendered":"<p>&#8220;<strong># Compound supply bug mistakenly rewarded users with $70M in tokens <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvZGYyODFjOTMtY2IwNS00OWZmLTkyOTYtZGRjZGMxYmU4OTE5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>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.\u00a0<\/p>\n<p>The upgrade was designed to \u201csplit COMP rewards distribution and bug fixes\u201d and was fully verified without issues. However, within hours, the team noted \u201cunusual activity,\u201d stating that \u201cCompound Labs and members of the community are investigating discrepancies in the COMP distribution.\u201d<\/p>\n<p>Despite the developments, the team has stressed that no funds either supplied or borrowed are at risk. Users of the protocol are reporting sizable windfalls, one <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/isthishiro\/status\/1443381932948168708\">claiming<\/a> a deposit of 70 million COMP tokens into their account, equivalent to $20 million.<\/p>\n<p>The founder of Compound Labs,\u00a0Robert Leshner <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/rleshner\/status\/1443380524567912448\">shared<\/a> some insight into the events:<\/p>\n<blockquote><p>&#8220;Proposal 62 and the new contract were written by a community member, with review from multiple other community members. This is the greatest opportunity, and greatest risk for a decentralized protocol&#8211;that an open development process allows a bug to enter production.&#8221;<\/p><\/blockquote>\n<p>Super-Coder at SushiSwap Mudit Gupta <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Mudit__Gupta\/status\/1443454938151985153\">revealed<\/a> that a single letter bug was responsible for the error in a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of tweets.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">About 240k COMP tokens (~$70m) have been given away already and another 40k (~$13m) will likely be given away soon. If you had supplied tokens before today, go try your luck.<\/p>\n<p>It will be interesting to see if Compound requests users to return the extra tokens (like Alchemix did)<\/p>\n<p>\u2014 Mudit Gupta (@Mudit__Gupta) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Mudit__Gupta\/status\/1443454938151985153?ref_src=twsrc%5Etfw\">September 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/compound-supply-bug-mistakenly-rewarded-users-with-70m-in-tokens\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Compound supply bug mistakenly rewarded users with $70M in tokens &#8221; 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.\u00a0 The upgrade was designed to \u201csplit COMP rewards distribution and bug fixes\u201d&#8230;<\/p>\n","protected":false},"author":1,"featured_media":346423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvZGYyODFjOTMtY2IwNS00OWZmLTkyOTYtZGRjZGMxYmU4OTE5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,74892],"class_list":["post-346422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-tokens"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/346422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=346422"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/346422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/346423"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=346422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=346422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=346422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}