CoinOtag
2025-11-28 06:42:22

Balancer Proposes Returning $8 Million in Recovered Funds to Liquidity Providers After DeFi Exploit

Balancer's exploit recovery plan aims to distribute approximately $8 million in rescued funds back to affected liquidity providers across multiple networks, following a major DeFi incident that drained over $128 million from V2 pools. This non-socialized approach ensures proportional reimbursements based on pre-exploit holdings, with whitehat bounties capped at 10%. Balancer identified six whitehat actors [...]

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