Scream lending protocol racks up $35 million in bad debt after hardcoding not-so-stablecoin prices to $1
On the bright side they expertly coded against the oracle SNAFU that cost two projects a combined $21.8 million. Don't have to worry about pesky oracles if you just hardcode the price to $1!
@web3isgreat I might need to unfollow, web3 is just doing *so* great lately that it’s hard to keep up
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