Bitcoin
BTC$63 055.19

3.05%

Ethereum
ETH$3 036.28

2.15%

Tether
USDT$1.000004

0.04%

Binance Coin
BNB$596.03

1.34%

Solana
SOL$152.87

7.44%

USD Coin
USDC$1.000244

0.03%

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 87.2% 19 $63 055.19 3.05% 6.65% $1 241 942 293 193 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 88% 19 $3 036.28 2.15% 1.61% $364 672 605 345 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.2% 1 $1.000004 0.04% -0.01% $110 956 441 363 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 90% 17 $596.03 1.34% 6.34% $87 966 695 873 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 80% 32 $152.87 7.44% 10.92% $68 527 408 864 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $1.000244 0.03% 0.01% $33 080 284 372 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 86% 23 $0.521031 0.74% 0.52% $28 843 852 660 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 77.6% 46 $6.40 11.02% 24.50% $22 223 641 516 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 78.4% 38 $0.152117 6.16% 15.15% $21 939 211 404 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 79.6% 31 $0.463493 2.41% 1.14% $16 528 935 422 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 71.6% 50 $0.000023 4.20% 2.80% $13 839 755 862 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 75.6% 40 $35.08 3.04% 4.37% $13 359 606 036 AVAX 7 days price change
13 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 84.4% 22 $0.126397 2.81% 3.02% $11 059 347 983 WTRX 7 days price change
14 TRON (TRX) TRX TRON predictions 83.6% 21 $0.126200 2.70% 3.19% $11 042 027 836 TRX 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 93.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change

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