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  • 07 April
  • Fei Protocol Patches Vulnerability for Over-Collateralized Stablecoin

Wed, Apr 7, 2021 7:32 AM by be[in]crypto

Fei Protocol Patches Vulnerability for Over-Collateralized Stablecoin

On April 6, Fei Labs stated that it patched a vulnerability found in the incentive calculation of the Ethereum-backed stablecoin. It stated that it was shutting down all minting rewards on FEI but trading could continue as normal. The team has implemented safeguards to suspend mint rewards on FEI buys. This should secure the protocol … Continued The post Fei Protocol Patches Vulnerability for Over-Collateralized Stablecoin appeared first on BeInCrypto.

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