Compound Finance passed the 064 proposal and will fix the COMP distribution vulnerability on October 9

2021-10-0873977

Tag: LongCOMP

On October 8, Compound Finance, a decentralized lending agreement, announced the adoption of Proposal 064 of "Fix the COMP Accrual Bug", which aims to fix the previous bug of the abnormal distribution of liquid mining COMP. The proposal stated that this update will try to "fix the token distribution vulnerability caused by the implementation of Proposal 062." Before the problem is completely resolved, interact with 6 affected trading markets (cTUSD, cMKR, cSUSHI, cYFI, cAAVE, and cSAI) Users will not be able to get rewards from the COMP held by their pledge.

The proposal was mainly drafted by the community members who originally proposed the upgrade plan, with 1,037,107 votes in favor (including 27 key addresses such as Compound CEO Robert Leshner, a16z, Gauntlet, and Pantera Capital), with 0 votes against. The proposal is expected to be implemented on Saturday.

Investment principles: (1) Any purchases are based on BTC rising or sideways; (2) Stud and high leverage are prohibited; (3) It is best to choose a currency that can be used as a contract and spot entry, even if it falls backhand Make a contract return loss; (4) After opening a position, a target stop profit must be set immediately, all or split positions to stop profit, to prevent the pin market from not catching the opportunity to sell;

Favorable degree: snapshot airdrop> pledge mining> mainnet launch> financing upgrade

Compound Finance通过064提案,将于10月9日修复COMP分发漏洞

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