It appears that #CompV2 just absorbed around $3M in bad debt resulting from the #UNI +40% price surge, where the oracle failed to update quickly enough. Multiple #MEV bots were able to create accounts and contribute to this issue. This situation highlights challenges in DeFi 1.0, involving smart contract vulnerabilities, oracle delays, and unexpected market movements. Addressing and evolving to overcome such challenges is crucial for the ongoing security and reliability of decentralized finance protocols. #COMP