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MetronomeDAO discloses $16M shortfall due to oracle lag

MetronomeDAO reveals $16M in unbacked synthetic assets after trading bots exploited Chainlink oracle latency on Base for months, affecting 31% of

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cryptobriefing.com

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cryptobriefing.comStai leggendo26 g fa

MetronomeDAO discloses $16M shortfall due to oracle lag

MetronomeDAO disclosed $16M in unbacked synthetics after bots exploited 54-second oracle lag to mint mispriced assets. L2 oracle latency conflicts with sub-second blocks—protocols need chain-specific oracle tuning or risk undetected collateral drain.

originale

thedefiant.io26 g fa

Metronome Discloses $15.7 Million Synth Shortfall, Blames Oracle Lag in Swap Module | The Defiant

MetronomeDAO disclosed that roughly 6,367 msETH and 4.57 million msUSD in circulation — about $15.7 million at current prices — are not backed by debt positions, the result of what the protocol calls "unbacked float"…

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MetronomeDAO discloses $16M shortfall due to oracle lag

Metronome Discloses $15.7 Million Synth Shortfall, Blames Oracle Lag in Swap Module | The Defiant

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Metronome Discloses $15.7 Million Synth Shortfall, Blames Oracle Lag in Swap Module | The Defiant

MetronomeDAO discloses $16M shortfall due to oracle lag