Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy | Headlines | News | CoinMarketCap
01/20/2024 06:14
Moonwell, a decentralized finance (DeFi) borrowing and lending protocol, is facing controversy over its proposal to use $2.3 million worth of digital asset collateral to offset bad debt from Frax Finance (FRAX) pools due to a hack nearly two years ago. In a plebiscite held on Dec...
Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy
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Cryptonews44 minutes ago
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WELL
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Published on January 19, 2024 22:30 GMT+00:00edited on January 19, 2024 23:04 GMT+00:00
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