Compound cETH market bricked by update — 7-day wait on vote to fix it
The code bug has plagued the cETH market and has affected Compound’s front-end user face, but the CEO confirmed that “funds are not immediately at risk.” Decentralized lending platform Compound has been plagued by a code bug in a recent governance proposal to update its price feeds. The code error has “temporarily frozen” the Compound ETH (cETH) market, causing cETH transactions to revert, but Compound Labs stated that despite the front end not working, “funds are not immediately at risk.”Compound Labs announced on Aug. 31 that the code bug came from Proposal 117: Compound Oracle Upgrade....
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