News/Osmosis Promises to Cover All Losses and Will Release v10

Osmosis Promises to Cover All Losses and Will Release v10

Jun 09,2022,11:26
Cosmos ecosystem DEX Osmosis tweeted that the software error that led to the chain halt was introduced in the latest Osmosis v9.0 update that went live yesterday. The bug involved incorrect calculation of LP shares when adding and removing liquidity from pools. In response, Osmosis says it will cover all losses and will provide a specific plan regarding compensation in the future. In addition, Osmosis developers are working on fixing the bug and testing it, and expect to take at least 2 days to release the new version.
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