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OlympusDAO mistake lets user spend $50,000 to buy $1.43 million in OHM

From theblockcrypto.com

A mistake enabled someone to spend $50,000 to receive $1.43 million of olympus (OHM) tokens when they should have received far less, according to an update in the OlympusDAO Discord. "Earlier today someone bonded an OHM/DAI bond that was presumed to be closed off. This enabled the user to have a substantial discount resulting in the user receiving 1697 ohm instead of 59 ohm. After this occurred, we took immediate action and the bond contract has been shut down in the meantime," wrote an admin named Wartull. OlympusDAO is an experimental project in the cryptosphere. The DAO manages a token treasury that's used to ... (full story)

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