5 Oct 2021
DeFi Bug Accidentally gives $90 Million to Users, Founder Begs to Return it
The Index Today
About $90 million has mistakenly gone out to the users of Compound, a popular decentralized-finance staking protocol, and the founder is begging now to the users to voluntarily return the tokens they got.
According to DeFi Llama, which provides ranking and metrics for DeFi protocols, compound is the world’s fifth-largest DeFi protocol with a total value locked of $10 billion.
Robert Leshner, founder of Compound Labs, tweeted late Thursday, “If you received a large, incorrect amount of COMP from the Compound protocol error: Please return it.”
“Keep 10% as a white-hat. Otherwise, it’s being reported as income to the IRS, and most of you are doxxed,” Robert Leshner, founder of Compound Labs, tweeted late Thursday.