Compound Finance passed Proposition 064 to fix the COMP distribution bug on October 9

On October 8, Decentralized Lending protocols Compound Finance announced the approval of Proposal 064 "Fix COMP Accrual Bug", which aims to fix previous Liquidity mining COMP allocation errors. The proposal states that this update will attempt to "fix the token distribution vulnerability arising from the implementation of Proposal 062." Until the issue is fully resolved, users who interact with the six affected exchange markets (cTUSD, cMKR, cSUSHI, cYFI, cAAVE and cSAI) will not be able to receive rewards from their pledged HOLDINGS of COMPs.

Drafted largely by community members who originally proposed the upgrade, the proposal received 1,037,107 votes in favor (voters included 27 key addresses, including Compound CEO Robert Leshner, A16Z, Gauntlet and Pantera Capital), Zero votes against. The proposal is expected to take effect on Saturday.

According to thePreviously reportedOn September 30, Compound tweeted that following the implementation of Proposition 062, liquidity mining under the Agreement experienced a COMP distribution anomaly.

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