The @bonzo_finance pause explained: Supra oracle bug — not Hedera or Bonzo core 🧐
Someone exploited a bug in the @SUPRA_Labs oracle on Hedera.
They deposited a few hundred real $SAUCE → pushed a fake price update (zero BLS sig passed via Hedera precompile edge case) → borrowed ~$9M (6.6M USDC + 34M+ wHBAR).
✅ Supra’s fault: bug in their oracle verifier contract (poor input validation).
❌ Not Bonzo’s fault: their lending logic worked exactly as designed.
❌ Not a Hedera network issue: the precompile did its math job — no core protocol bug.
Bonzo paused Lend as precaution. Supra already fixed their side. Working on remediation.
Classic DeFi oracle risk. Stay frosty and don’t panic $HBAR
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