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    Bug in Flare Community Leaves Unclaimed Consumer Rewards Unclaimable

    Latest News

    • A bug recognized on Flare Community’s FTSO Reward Supervisor left many customers with unclaimed rewards.
    • The FTSO is a decentralized sensible contract that estimates and gathers information from customers who’re later rewarded.
    • Knowledge suppliers undergo a commit-and-reveal course of the place they submit their information.

    A community glitch was found on the FTSO Reward Supervisor contract on Flare Community. The FTSO contract has been now deactivated and changed by a brand new one. Though the contract was not exploited by any assault, the bug left all unclaimed rewards from earlier FTSO epochs unclaimable, claims the community.

    For the uninitiated: The Flare Time Sequence Oracle (FTSO) is a decentralized and safe sensible contract on the Flare community that constantly estimates numerous kinds of information. Impartial information suppliers collect data from sources like centralized and decentralized exchanges and feed it into the FTSO system. The info is then weighted primarily based on the supplier’s voting energy and a median is computed to acquire the ultimate estimate.

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    Knowledge suppliers that furnish invaluable data, similar to value pairs, are rewarded, and the ensuing information estimates are in the end recorded on-chain.

    As per the stories, any account holder on the Flare community can change into a knowledge supplier for the FTSO and obtain rewards for submitting information. The highest 100 information suppliers with the very best voting energy, decided by Wrapped FLR steadiness and delegations, are chosen per epoch to have their submissions thought-about.

    Within the FTSO, information suppliers take part in a commit-and-reveal course of the place they submit their information in rounds. Throughout a 3-minute value epoch, suppliers collect data, course of it utilizing their algorithms, and submit a hash of the information (commit). Within the first half of the following value epoch (1.5 minutes), they then reveal the precise information.

    Knowledge suppliers and their delegators obtain rewards for every value epoch by which their submitted information is near the median worth. Rewards are collected over time throughout Reward Epochs (3.5 days on Flare community and seven days on Songbird) and may be claimed as soon as the epoch is completed.

    Rewards from FTSO aren’t mechanically despatched to recipients. They’re saved within the FTSO Reward Supervisor contract and should be collected after the reward epoch ends. Sadly as a result of bug, customers gained’t have the ability to acquire their rewards this time.

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