Magnate finance has some red flags and multiple users have reported concerns. Be careful.
Total Value Locked$0
TVL by Chain
Base$0
Key Metrics
Staked$0
Active Loans$0
Protocol Information
Build a novel lending protocol with a dynamic interest rate model and more capital-efficient risk management pools.
CategoryLending
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Aug 25, 2023
Amount: $6.4m
Classification: Rugpull
Technique: Drained Contracts
Chains: Base
Language: Solidity
Target Type: DeFi Protocol