Oceaners ocean warning A vulnerability exists in Ocean pools where one

Question

Oceaners ocean warning A vulnerability exists in Ocean pools where one

could stake, buy datatokens, unstake, and then sell datatokens.

In certain pools with sufficient liquidity, this can be profitable and when performed repeatedly, will result in a portion of OCEAN being drained from the pool.

This vulnerability is mitigated with an increase in the swap fee to 15%. Thus, a new fee of 15% has been set and is live. Proceeds from this fee go back to the Ocean community.

We are looking at further measures to eliminate this attack vector and we’ll come back to you when we have something to report.

Ocean Protocol has taken a snapshot and anyone that has taken a loss will be compensated.

https://twitter.com/oceanprotocol/status/1545708401094713344?s=20&t=iaVSSxLOiQ1oNptBZrZI3w

#cryptocurrency #english #ocean

0

11.07.2022