Olympus DAO Suffered Bond Token Problems, Loses over $1.3 million

TokenInsight news, the administrators of the algorithmic stablecoin protocol OlympusDAO on Discord say that yesterday a user sold $50,000 worth of OHM/DAI LP tokens that the team thought were closed, giving him 1,697 $OHM (worth over $1.4 million) instead of 59 $OHM (worth about $50,000). The Olympus DAO community is scheduled to host a community conference call on Thursday to discuss the incident and to stop the user from gaining more $OHM.


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