Alchemix begins 'work on bugs' DeFi Alchemix's lending prot | DeFi Protocol

Alchemix begins "work on bugs"

DeFi Alchemix's lending protocol publishes details of the ALCX reward contract errors and announces the timing of the ALCX reward recovery.

DeFi Alchemix indicated in the credit agreement that there was an error in the ALCX reward contract, meaning that the calculation of the reward for the first interaction with the new Masterchef v2 ALCX-ETH pool was incorrect.

The main problem is that over time, new pledgees will pay them too much remuneration when they join. Although the error is small at the time of detection, it will inevitably increase over time. For this reason, Alchemix requires SushiSwap to disable the contract and ALCX rewards for the duration of the repair work. SUSHI rewards will continue to accrue and SLP funds are safe.