After hacking, a decentralized autonomous organization (DAO) launched a vote about the mechanism of payment of compensation to users. Based on the results of the vote, it was decided to distribute GLV in new tokens, backed by a pool of returned funds in the form of WBTC, ether, stablecoins and $ 2 million from DAO.
Representatives of the exchange noted that the new GLV tokens will replace the compromised GLP pool, and users will receive a return of crypto assets in a ratio of 1: 1. According to the approved plan, two varieties of tokens will be distributed among them: GLV [BTC-USDC] and GLV [WETH-USDC]. Upon completion of compensation payments, customers on whose balance the GLP will be able to sell them at market value.
In addition, the exchange announced the creation of a special fund in the amount of up to $ 500,000 to encourage some users. The funds will be distributed among those who keep the GLV tokens on their balance sheets for three months.
Earlier, the GMX crypto -foam security team announced the return of part of the stolen digital assets, which were transferred to the multi -submarine wallet.
Source: Bits
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