Bitcoin
BTC$61 133.31

0.37%

Ethereum
ETH$2 887.29

-1.14%

Tether
USDT$0.999802

0.02%

Binance Coin
BNB$588.24

-0.36%

Solana
SOL$139.84

-4.59%

USD Coin
USDC$1.000129

0.02%

Compound (COMP) Reviews for May 2024

COMP Reviews Gerald October 1, 2021
Compound supply bug mistakenly rewarded users with $70M in tokens. It is expected that the total figure of tokens could rise to north of $85 million. 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.The upgrade was designed to “split COMP rewards distribution and bug fixes” and was fully verified without issues. However, within hours, the team noted “unusual activity,” stating that “Compound Labs and members of the community are investigating discrepancies in the COMP distribution.” 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 claiming a deposit of 70 million COMP tokens into their account, equivalent to $20 million. The founder of Compound Labs, Robert Leshner shared some insight into the events: "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--that an open development process allows a bug to enter production."

* Crypto Rating accepts no liability for content of the Compound reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 87.6% 13 $61 133.31 0.37% -4.31% $1 204 176 804 692 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 84% 20 $2 887.29 -1.14% -7.85% $346 795 566 863 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $0.999802 0.02% -0.03% $110 818 098 877 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 89.6% 15 $588.24 -0.36% -0.46% $86 816 849 926 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 84% 29 $139.84 -4.59% -4.37% $62 722 389 574 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000129 0.02% 0.01% $33 128 370 342 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 87.6% 14 $0.492999 -2.88% -7.26% $27 291 995 974 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 71.6% 55 $6.86 -0.71% 16.16% $23 821 690 323 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 80.4% 34 $0.137101 -4.59% -15.56% $19 779 234 873 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 87.2% 17 $0.429396 -2.53% -5.95% $15 314 787 685 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 77.6% 46 $0.000022 -3.41% -11.70% $12 844 823 160 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 82% 33 $32.29 -3.84% -13.23% $12 319 209 548 AVAX 7 days price change
13 TRON (TRX) TRX TRON predictions 79.6% 34 $0.126625 -0.15% 4.79% $11 077 292 859 TRX 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 82.4% 34 $0.126314 -0.16% 4.48% $11 050 071 344 WTRX 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 92% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change

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