#Nostra Prediction Machine Manipulated
A manipulated pool fed the Nostra prediction machine a fake NSTR price—an amount that was 8,306 times the true value—unlocking a $3.5 million loan on Starknet.
PragmaOracle said it had warned in advance that the feed price was high risk, and Nostra did not respond. The lending market is still paused, and there has not yet been a post-event review.
For anyone borrowing and lending on Starknet, the direct cost of relying on a single feed price is this: the pool’s liquidity can be compromised, and the price can then be written into contracts. In short—unless Nostra publicly discloses the source and limits of the feed price, even if the lending market restarts, it will be difficult to restore deposit intentions to the same scale.
$PENGU $UNI $ACE
A manipulated pool fed the Nostra prediction machine a fake NSTR price—an amount that was 8,306 times the true value—unlocking a $3.5 million loan on Starknet.
PragmaOracle said it had warned in advance that the feed price was high risk, and Nostra did not respond. The lending market is still paused, and there has not yet been a post-event review.
For anyone borrowing and lending on Starknet, the direct cost of relying on a single feed price is this: the pool’s liquidity can be compromised, and the price can then be written into contracts. In short—unless Nostra publicly discloses the source and limits of the feed price, even if the lending market restarts, it will be difficult to restore deposit intentions to the same scale.
$PENGU $UNI $ACE
