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bOSMO Bug Leaves Little Backing, Prompts Holder Compensation Plan

The contract still allows cheap minting, putting liquidity pools at risk. bOSMO bought after the snapshot will not be compensated.

bOSMO Bug Leaves Little Backing, Prompts Holder Compensation Plan
The Defiant
AI summary

A bug in the bOSMO contract allows cheap minting, leaving the token with little backing and putting liquidity pools at risk. A compensation plan has been proposed for holders, but bOSMO bought after the snapshot will not be compensated. Traders should be aware of potential selling pressure and liquidity issues for bOSMO and possibly its related ecosystem token OSMO.

Narrative history
1 linked story · 2 outlets · since 15 Oct
  1. 50M AGO
    Crypto Briefing · Score 45 · via bOSMO, compensation
  2. 54M AGO
    You’re reading this
    bOSMO Bug Leaves Little Backing, Prompts Holder Compensation Plan
    The Defiant · Score 55
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