Magnate finance has some red flags and multiple users have reported concerns. Be careful.

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Logo of Magnate FinanceMagnate Finance(MAG)
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:

Hacks

Date: Aug 25, 2023

Amount: $6.4m

Classification: Rugpull

Technique: Drained Contracts

Chains: Base

Language: Solidity

Target Type: DeFi Protocol