An exploit on Compound is allowing users to leverage their initial capital multifold, creating more Compound DAI than real DAI, and a situation that some are terming “impossible.” This is not a security lapse or bug in the Compound protocol, but a sneaky loophole that makes borrowing against borrowed collateral possible. The post This Compound exploit allows users to 4x their initial capital—using their borrowed amounts appeared first on CryptoSlate.
