Cryptocurrency Q&A What happened to the compound coin?

What happened to the compound coin?

Tommaso Tommaso Sat Nov 23 2024 | 6 answers 1566
I'm wondering about the status of the compound coin. I had some of those coins in my wallet, but recently I noticed they seem to have disappeared or changed. Could you please tell me what exactly happened to the compound coin? What happened to the compound coin?

6 answers

Enrico Enrico Mon Nov 25 2024
The DeFi protocol Compound (COMP) has recently encountered an issue. It appears that a bug in one of its smart contracts has caused significant problems.

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Andrea Andrea Mon Nov 25 2024
The bug resulted in an overpayment of COMP liquidity mining rewards to users. This has led to a situation where users received more COMP tokens than they were supposed to.

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Silvia Silvia Mon Nov 25 2024
Compound has acknowledged the issue and taken steps to address it. However, the consequences of the bug have already been felt by many users who have received unexpected rewards.

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ZenHarmony ZenHarmony Mon Nov 25 2024
The scale of the overpayment is considerable. Compound has reportedly paid out millions of COMP tokens as a result of the bug. This has raised concerns among both users and the wider crypto community.

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CryptoSavant CryptoSavant Sun Nov 24 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. These services include spot trading, futures trading, and a wallet for storing digital assets.

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