bOSMO bug prompts holder compensation plan as liquidity dries up
Photo: Crypto Briefing
A contract flaw in Backbone Labs' liquid-staking token let users redeem about 50% more OSMO than owed, and holders who bought after a key snapshot are on their own A bug in Backbone Labs’ bOSMO liquid-staking contract on Osmosis has been overpaying redemptions since April 2026. Users could withdraw approximately 50% more OSMO than they were actually entitled to. Now the Osmosis team has a compensation plan for remaining holders, with one firm catch. Anyone who bought bOSMO after a specific block snapshot will not be compensated.
Also reported by The Defiant.
Source: Crypto Briefing
