DeFi Money Market Compound Overpays $15M in COMP Rewards in Possible Exploit


Compound has a liquidity mining program that rewards depositors and borrowers, but often at a rate of a single-digit APY. The payout sums indicate a flaw in the comptroller contracts, which disburses the COMP liquidity mining rewards, possibly related to a recent upgrade. Observers have noted that Compound’s comptroller contract is not managed by a multi-sig controlled by Compound Labs, and any fix to the exploit may require a governance vote.


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